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.
A
Abhishek Bharti
5
The course offers comprehensive content on the export-import process, including documentation, regulations, and logistics. The instructor is experienced, sharing practical insights alongside theory. Hands-on assignments add value, though more real-world projects could enhance learning. The certification is well-recognized, adding credibility to a resume. While resources and flexibility are strong, student support could be faster. Overall, it provides excellent value for those seeking to advance in international trade.
P
prabhat sharma
5
how many companies of import and export are hiring ? please provide the list and is it possible to start it without office as an individual ?
N
Navghanji Sorabji Thakor
5
Nice
C
Captain Marvel
5
Kunal Dugad Sir ! You nice learn to Import And Export for Free Of Cost - Thanks Kunal Dugad Sir and Learvern Team !
M
Mr Asad
5
our first question is Blance of trade?
its means when you start your international trde to another country so you have a conttact a banl of finance instituions for money to devlope a products this is
M
Mahant Burman
5
Its Very Important For a Person who is Doing a Professional Course Have a depth knowledge and real world experience a part of book's knowledge.
S
sanjiv chouhan
5
sir saste mai buyer ka data kaise uper kre,iska koi solution hai to plz btaiye
R
Raj chauhan
5
what a way of teaching, love this course, THANK YOU SO MUCH SIR FOR MAKING SUCH A GREAT COURCES.
A
Ajay Kumar
5
I have taken another courses on the subject but this is the best course I have gone through. Mr Duggal has explained in such a way that even a new learner can understand very well. Recommended.
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