Abstract
This chapter outlines payments in international trade, and basic methods of payment. This chapter provides a case study (or various payment clauses in international trade contracts) for the respective methods of payment.
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Notes
- 1.
- 2.
- 3.
Jimenez, Guillermo C. (2012), p. 112.
- 4.
Grath, Anders (2014), pp. 34–35.
- 5.
US Commercial Services (2015), p. 161.
- 6.
US Department of Commerce/International Trade Administration (2012), p. 9.
- 7.
US Commercial Services (2015), p. 162.
- 8.
US Department of Commerce/International Trade Administration (2012), p. 9.
- 9.
Adodo, Ebenezer (2014), p. 99; Adodo, Ebenezer (2009), p. 618.
- 10.
Ebenezer Adodo (2014), p. 99.
- 11.
Article 10 Types of Credit: a. All Credits must clearly indicate whether they are available by sight payment, by deferred payment, by acceptance or by negotiation.
- 12.
Carr (2010), p. 463.
- 13.
Grath, Anders (2014), pp. 32–34; US Commercial Services (2015), p. 3.
- 14.
US Department of Commerce/International Trade Administration (2012), p. 3; Seyoum, Belay (2009), p. 240
References
Donnelly, Michele (2010), Certificate in International Trade and Finance, ifs School of Finance, Cantebury, U.K., p. 79; Grath, Anders (2014), The Handbook of International Trade and Finance, 3rd ed., Kogan Page, London, U.K., p. 33; Collyer, Gary (2007), The Guide to Documentary Credits, 3rd ed., ifs School of Finance, Cantebury, U.K., pp. 22–23; Jimenez, Guillermo C. (2012), ICC Guide to Export/Import: Global Standards for International Trade, 4th ed., ICC Publication No. 686, Paris, France, pp. 109–110.
US Commercial Services (2015), A Basic Guide to Exporting, 11th ed., US Commercial Services, Washington D.C., USA, p. 161; Seyoum, Belay (2009), Export-Import Theory, Practices, and Procedures, 2nd ed., Routledge, New York, USA, pp. 239–240; US Department of Commerce/International Trade Administration (2012), Trade Finance Guide: A Quick Reference for US Exporters, US Department of Commerce, Washington D.C., USA, p. 3; Hennah, David J. (2013), The ICC Guide to the Uniform Rules for Bank Payment Obligations, ICC Publication No. 751E, Paris, France.
Jimenez, Guillermo C. (2012), ICC Guide to Export/Import: Global Standards for International Trade, 4th ed., ICC Publication No. 686, Paris, France, p. 112.
Grath, Anders. (2014). The Handbook of International Trade and Finance (3rd ed., pp. 34–35). London, U.K.: Kogan Page.
US Commercial Services. (2015b). A Basic Guide to Exporting (11th ed., p. 161). US Commercial Services: Washington D.C.
US Department of Commerce/International Trade Administration. (2012a). Trade Finance Guide: A Quick Reference for US Exporters (p. 9). US Department of Commerce: Washington D.C.
US Commercial Services. (2015c). A Basic Guide to Exporting (11th ed., p. 162). US Commercial Services: Washington D.C., USA.
US Department of Commerce/International Trade Administration. (2012b). Trade Finance Guide: A Quick Reference for US Exporters (p. 9). US Department of Commerce: Washington D.C., USA.
Adodo, Ebenezer (2014), Letters of Credit: The Law and Practice of Compliance, Oxford University Press, Oxford, U.K., p. 99; Adodo, Ebenezer. (2009). Establishing Purchase of Documents under a Negotiation Letter of Credit (p. 618). Sing: J. Legal Stud.
Adodo, Ebenezer. (2014). Letters of Credit: The Law and Practice of Compliance (p. 99). Oxford, U.K.: Oxford University Press.
Carr, Indira. (2010). International Trade Law (4th ed., p. 463). Routledge-Cavendish, Abingdon: U.K.
Grath, Anders (2014), The Handbook of International Trade and Finance, 3rd ed., Kogan Page, London, U.K., pp. 32–34; US Commercial Services (2015), A Basic Guide to Exporting, 11th ed., US Commercial Services, Washington D.C., p. 3.
US Department of Commerce/International Trade Administration (2012), Trade Finance Guide: A Quick Reference for US Exporters, US Department of Commerce, Washington D.C., USA, p. 3; Seyoum, Belay. (2009). Export-Import Theory, Practices, and Procedures (2nd ed., p. 240). USA: Routledge, New York.
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Kim, S.M. (2021). Overview of Payment Methods. In: Payment Methods and Finance for International Trade. Springer, Singapore. https://doi.org/10.1007/978-981-15-7039-1_4
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