Unit-1Terms-of-Payment题库.ppt

Unit 10 Terms of Payment Wright Yin Objectives understand the three main methods of payment, esp. L/C know how to urge the establishment of an L/C know how to write an advice of the establishment of an L/c know how to make a request for extending an L/C know how to request the amendment of an L/C Payment Payment plays an important role in the course of business. International payments are financial activities conducted among different countries. Payment in international trade is much more complicated than that in domestic trade. Three Main Methods of Payment