In the international trade market for export import trade, there are three main payment methods: Payment in full. Bills are collected. L/c (Letters of Credit)
In export, a DA payment term is an agreement in which the buyer is only compelled to pay after a certain period of time has passed. The buyer accepts the time draught and promises to pay in this way. The bank can deliver the documents to the buyer once this acceptance is obtained.
In an import letter of credit, the bank of the importer guarantees to the supplier that the bank will pay the agreed-upon sum whenever the supplier or exporter meets the letter of credit's terms and conditions. In this payment method, acts as an intermediary to assist in the completion of the trade transaction.
The payment period is the interval between when a debt is incurred and when it is due for repayment. The average payment period is the amount of time it takes a corporation to pay its creditors. The payment period for credit card payments is normally roughly a month from the time the item was purchased.
Learner's Ratings
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Reviews
J
Jay Vyas
5
This is just awesome course. I gained so much knowledge about Import-Export Business by learning this course.
LearnVern, you are doing an awesome job by teaching for free.
G
Gourav kumar saini
5
good
G
gopi krishna acharya
5
Amazing Practical approach to Export and Import Trading. Should be most useful for beginners.
G
gopi krishna acharya
5
Most Simple , Lucid explanation of intricate procedures involved in the Business of Exports N Imports. Thanks to Sri Kunal Sir and the Architects of the Course.
Y
Yadvendra Kumawat
5
कोर्स के अंदर जो आप प्रक्रिया बताते हैं उसे कैसे संबंधित दस्तावेज भी बताएं और दस्तावेजों में को कैसे भरना है इससे संबंधित भी वीडियो बनाएं बहुत अच्छा होगा
M
Mohammad Altaf
5
I wants to write lots of things for appreciate but firstly I need to confirm one doubt. But it's very useful.
D
Dinesh Kumar
5
यह कोर्स मेरे लिए उतना ही प्रभावशाली और जरूरी है जैसे एक इंसान को सांस की जरूरत होती है
L
Limbasiya Dax
5
Very good 👍🏻😊
H
Harshvardhan Maharnur
5
nice
D
Dinesh Kumar
5
Mere Hisab Se Isase Accha Course Ho Hi Nahi Sakata Etana Details Me Aur Etena Acchi Tarah Se Samajhaya Gaya H Ki Age Kucch Kahane Ke Liye Nahi Bachata Agar Ek Shabd Me Kahun To Superb.
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