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Objectives

This Learning Unit aims at analyzing various methods of payment used in international trade and outlining their differences, advantages and disadvantages both for the importer and the exporter.

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Learning Unit Summary

In this Learning Unit we will examine how to receive and effect payment for international contracts of sale. Our focus will be on export methods of payment. The information presented here is also applicable to import transactions. The selection of the most suitable method of payment is a key factor of a successful export sale.

 

Course Contents


Introduction
Personal Cheque
Bank Draft
Bank Transfer
Clean Collection
Documentary Collection
Countries and Payment Terms

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Testimonials

  • review11The online sessions proved very useful in communicating online with course lecturers and fellow students. I could cover the course material at my own pace and in my own time. I found the comprehensive materials contained in the CD ROMs of the ITS programme to contain a wealth of information for the would be exporter.

    Combilift Ltd - DHL Export Award Winner



    ireland Karina McAree, Marketing Specialist, Combilift, Co. Monaghan, Ireland
    ITS Graduate 2003

  • zakir “Whenever I needed any sort of assistance during my course (FIT) I found the tutors to be always there and ready to help - its the sort of assitance Elearners
    always look for.”
    bangladesh     Zakir Lasker, Head of Finance & Commercial at AG, Bangladesh.










  • testmariadvorkovaThere is always a lot to learn does not matter how many years of practical experience one has. eBSI International Trade Specialist Accreditation program fits in any busy working schedule and provides a great deal of very practical knowledge of international trade and finance. I graduated in 2004. For me knowledge from ITS is invaluable, I benefited from it both as a trade finance banker and adviser to my customers on multiple trade-related issues. Besides, it is a good preparation for CDCS exam. I highly recommend the program, it is very flexible and useful for anyone pursuing career in international trade.

    russia2 Mariya Dvorkova, Regional Manager/Representative for CIS, GSTS Group, Moscow, Russia
    ITS Graduate 2007

  • review5This exciting programme provides participants with a detailed insight into the steps, rules and procedures required to develop and operate a successful export and import business. I would like to thank Mr Vincent O'Brien for his support which played a large part in my success and helped me win the Enterprise Ireland Gold Medal for best overall results.

    Enterprise Ireland Gold Medal Winner



    russia2 Alex Dymov, MD, Ru-Soft, Moscow, Russia
    ITS Graduate 2002

  • The ITS Programme has been a fantastic training course. That time I didn’t need it for my work, however, it will be of an immense benefit for me in the The online semincalross ea nfdu tcuorem munications with tutors were very useful as well as the materials and CDs for studying. Thanks a lot for your great engagement and knowledge.
    switzerland Nadja Maricova, Winterthur, Switzerland    		 nadja










  • review7For me the best part of the programme was the interaction between the participants from the various professional disciplines of international trade, including exporters, importers, bankers, forwarders, marketeers, customs and other professionals. This blending of structured CD ROM content with online tutorials from highly experienced practitioners develops a network of trade contacts that lasts long after completion of the programme.



    ireland Dave Popham, International Trade and Banking Consultant, Ireland
    ITS Graduate 2002

  • “Thomas Smith knows his subject very well. He articulates his thoughts in a very communicative manner through his notes for us to understand the subject very well. When you have read his notes, you don't need to look anywhere else for clarifications - very thorough and precise! Look forward to more online classes with him.”

    flag1 Krishnakumar Duraiswamy

    Director - Corporate Product Manager at Standard Chartered Bank

    		 Director











    “Thomas Smith knows his subject very well. He articulates his thoughts in a very communicative manner through his notes for us to understand the subject very well. When you have read his notes, you don't need to look anywhere else for clarifications - very thorough and precise! Look forward to more online classes with him.” July 30, 2007

    Krishnakumar Duraiswamy

    Director - Corporate Product Manager at Standard Chartered Bank

  • review13The course material was informative, interesting and incredibly detailed. The CD's were fun to use, and very user friendly. I interacted with the Learning Guides and staff on an almost daily basis, the response was always swift and courteous.



    usa Monica Denham, Web Designer, Henniker, USA
    ITS Graduate 2003

  • testazizbalaouchI have completed the course with total interest and with learning efforts, and thankful to all of you for your kind support and guidance and I must admit that this was a very useful course which provided me opportunity to learn more and more and to get a very clear concepts of many trade terminologies which were really new for me and off course despite a Trade practitioner, I was not familiar with all those technique and terms prior to this course

    pakistan Aziz Balouch - Cresbank, Karachi, Pakistan
    ITS Graduate 2006

  • vbt
    		 “I enjoyed this international trade course very much. It helped my to be promoted in my job. eBSI Tutors were always in the right place, helping us all the time and giving updated materials. I want to thank you once again for being perfect teachers.
    <strong>georgia</strong>     Lika Dzneladze, Head of Trade Finance Unit at JSC VTB Bank Georgia.










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