=Unit_12_Terms_of_Payment..pptVIP

Unit 10 Terms of Payment Lily Zhang Terms of Payment The terms of payment are an important part of the sales contract both sellers and buyers are concerned about. Conditions under which the seller and buyer agree to settle the financial amount of the sales contract. Warm- up How many basic methods of payment do you know? Have you ever heard about L/C? Why is L/C generally used in international trade? Basic Knowledge 我国在进出口贸易中常用的支付方式有汇付、托收和信用证 The mode of payment includes Remittance (T/T, M/T, D/D), Collection (D/P, D/A) and L/C. L/C is the most frequently adopted mode of payment in Chin