Archive:Payment Methods for International Transactions - Revision history

wikademia>Wikademia: moved Payment Methods for International Transactions to Archive:Payment Methods for International Transactions

2009-05-27T16:58:30Z

moved Payment Methods for International Transactions to Archive:Payment Methods for International Transactions

← Older revision	Revision as of 16:58, 27 May 2009
(No difference)

wikademia>Wikademia at 05:42, 13 April 2009

2009-04-13T05:42:19Z

← Older revision		Revision as of 05:42, 13 April 2009
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	*[[Payment Methods for International Transactions/Activities\|Activities]]		*[[Payment Methods for International Transactions/Activities\|Activities]]
	*[[Payment Methods for International Transactions/Assessment\|Assessment]]		*[[Payment Methods for International Transactions/Assessment\|Assessment]]


	'''Correlation''': Materials from this unit correlate with [http://www.nasbitecgbp.org NASBITE CGCP]'s Knowledge Statement 04/03/04: Knowledge of methods of payment (e.g., letters of credit, documentary collection, cash in advance, sight draft)

	<div style="float:right;">[[Payment Methods for International Transactions/Methods of Payment\|Next]]		<div style="float:right;">[[Payment Methods for International Transactions/Methods of Payment\|Next]]
	[[Category:International business]]		[[Category:International business]]

wikademia>Wikademia at 21:58, 10 April 2009

2009-04-10T21:58:03Z

← Older revision		Revision as of 21:58, 10 April 2009
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	{{ntnes}}		{{ntnes}}


	~~==Unit 3.4- Payment Methods for International Transactions==~~

	The uncertainty of international sales reinforces the earlier discussion regarding sources of credit information. A significant reason for obtaining and effectively utilizing sources of information is to make the best decision for a seller as far as what payment terms are most appropriate, payment terms that minimize risk while allowing a seller to be competitive in the market place. Each of these payment terms can be measured by levels of risk, and an international credit manager needs to be in a position to understand and describe these methods of payments. The concept of extending credit in the international environment requires than an international credit manager learn methods for mitigating payment risks for the organization. One way to do so is with different methods of payment.		The uncertainty of international sales reinforces the earlier discussion regarding sources of credit information. A significant reason for obtaining and effectively utilizing sources of information is to make the best decision for a seller as far as what payment terms are most appropriate, payment terms that minimize risk while allowing a seller to be competitive in the market place. Each of these payment terms can be measured by levels of risk, and an international credit manager needs to be in a position to understand and describe these methods of payments. The concept of extending credit in the international environment requires than an international credit manager learn methods for mitigating payment risks for the organization. One way to do so is with different methods of payment.

	There are a variety of payment methods available for international transactions. Some companies, who are new to selling in overseas markets, believe that the letter of credit or some type of secured transaction is the “best” (or only) way to transact business when selling offshore. However, a pro-active international credit manager recognizes that in an attempt to obtain new business, many different payment terms are important in a competitive business environment. The ways these terms apply as they relate to a seller’s risk of receiving payment from a buyer are examined in this lesson.		There are a variety of payment methods available for international transactions. Some companies, who are new to selling in overseas markets, believe that the letter of credit or some type of secured transaction is the “best” (or only) way to transact business when selling offshore. However, a pro-active international credit manager recognizes that in an attempt to obtain new business, many different payment terms are important in a competitive business environment. The ways these terms apply as they relate to a seller’s risk of receiving payment from a buyer are examined in this lesson.


	===Unit Objective===		===Unit Objective===
	The goal of this material is to introduce you to the methods of payment available for international transactions and the risks to buyers and sellers for each method of payment.		The goal of this material is to introduce you to the methods of payment available for international transactions and the risks to buyers and sellers for each method of payment.
Line 15:		Line 10:
	*identify the risks to a buyer associated with each method of payment.		*identify the risks to a buyer associated with each method of payment.
	*identify the risks to a seller associated with each method of payment.		*identify the risks to a seller associated with each method of payment.


	===Unit Outline===		===Unit Outline===
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	*[[Payment Methods for International Transactions/Activities\|Activities]]		*[[Payment Methods for International Transactions/Activities\|Activities]]
	*[[Payment Methods for International Transactions/Assessment\|Assessment]]		*[[Payment Methods for International Transactions/Assessment\|Assessment]]



	'''Correlation''': Materials from this unit correlate with [http://www.nasbitecgbp.org NASBITE CGCP]'s Knowledge Statement 04/03/04: Knowledge of methods of payment (e.g., letters of credit, documentary collection, cash in advance, sight draft)		'''Correlation''': Materials from this unit correlate with [http://www.nasbitecgbp.org NASBITE CGCP]'s Knowledge Statement 04/03/04: Knowledge of methods of payment (e.g., letters of credit, documentary collection, cash in advance, sight draft)


	<div style="float:right;">[[Payment Methods for International Transactions/Methods of Payment\|Next]]		<div style="float:right;">[[Payment Methods for International Transactions/Methods of Payment\|Next]]
	[[Category:International business]]		[[Category:International business]]

wikademia>Wikademia: Text replace - 'TF3.4' to 'ntnes'

2009-04-10T17:23:39Z

Text replace - 'TF3.4' to 'ntnes'

← Older revision		Revision as of 17:23, 10 April 2009
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	{{~~TF3.4~~}}		{{ntnes}}

wikademia>Wikademia: Text replace - 'Category:International Business' to 'Category:International business'

2009-04-09T05:17:24Z

Text replace - 'Category:International Business' to 'Category:International business'

← Older revision		Revision as of 05:17, 9 April 2009
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	<div style="float:right;">[[Payment Methods for International Transactions/Methods of Payment\|Next]]		<div style="float:right;">[[Payment Methods for International Transactions/Methods of Payment\|Next]]
	[[Category:International ~~Business~~]]		[[Category:International business]]

wikademia>Wikademia: 3 revisions

2009-04-08T04:18:27Z

3 revisions

← Older revision	Revision as of 04:18, 8 April 2009
(No difference)

wikademia>Namd3r at 19:14, 27 December 2007

2007-12-27T19:14:10Z

← Older revision		Revision as of 19:14, 27 December 2007
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	'''Correlation''': Materials from this unit correlate with [http://www.nasbitecgbp.org NASBITE CGCP]'s Knowledge Statement 04/03/04: ~~Knowldege~~ of methods of payment (e.g., letters of credit, documentary collection, cash in advance, sight draft)		'''Correlation''': Materials from this unit correlate with [http://www.nasbitecgbp.org NASBITE CGCP]'s Knowledge Statement 04/03/04: Knowledge of methods of payment (e.g., letters of credit, documentary collection, cash in advance, sight draft)


	<div style="float:right;">[[Payment Methods for International Transactions/Methods of Payment\|Next]]		<div style="float:right;">[[Payment Methods for International Transactions/Methods of Payment\|Next]]
	[[Category:International Business]]		[[Category:International Business]]

24.11.195.94 at 13:01, 28 September 2007

2007-09-28T13:01:11Z

← Older revision		Revision as of 13:01, 28 September 2007
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			<div style="float:right;">[[Payment Methods for International Transactions/Methods of Payment\|Next]]
	[[Category:International Business]]		[[Category:International Business]]

wikademia>MSUglobal: New page: {{TF3.4}} ==Unit 3.4- Payment Methods for International Transactions== The uncertainty of international sales reinforces the earlier discussion regarding sources of credit information. ...

2007-09-25T16:36:30Z

New page: {{TF3.4}} ==Unit 3.4- Payment Methods for International Transactions== The uncertainty of international sales reinforces the earlier discussion regarding sources of credit information. ...

New page

{{TF3.4}}

==Unit 3.4- Payment Methods for International Transactions==

The uncertainty of international sales reinforces the earlier discussion regarding sources of credit information. A significant reason for obtaining and effectively utilizing sources of information is to make the best decision for a seller as far as what payment terms are most appropriate, payment terms that minimize risk while allowing a seller to be competitive in the market place. Each of these payment terms can be measured by levels of risk, and an international credit manager needs to be in a position to understand and describe these methods of payments. The concept of extending credit in the international environment requires than an international credit manager learn methods for mitigating payment risks for the organization. One way to do so is with different methods of payment.

There are a variety of payment methods available for international transactions. Some companies, who are new to selling in overseas markets, believe that the letter of credit or some type of secured transaction is the “best” (or only) way to transact business when selling offshore. However, a pro-active international credit manager recognizes that in an attempt to obtain new business, many different payment terms are important in a competitive business environment. The ways these terms apply as they relate to a seller’s risk of receiving payment from a buyer are examined in this lesson.

===Unit Objective===
The goal of this material is to introduce you to the methods of payment available for international transactions and the risks to buyers and sellers for each method of payment.
By the end of this unit you will be able to
*identify the methods of payment available for international transactions.
*identify the risks to a buyer associated with each method of payment.
*identify the risks to a seller associated with each method of payment.

===Unit Outline===
*[[Payment Methods for International Transactions|Introduction]]
*[[Payment Methods for International Transactions/Methods of Payment|Methods of Payment]]
*[[Payment Methods for International Transactions/Comparing Methods of Payment and Risk|Comparing Methods of Payment and Risk]]
*[[Payment Methods for International Transactions/Summary|Summary]]
*[[Payment Methods for International Transactions/Resources|Resources]]
*[[Payment Methods for International Transactions/Activities|Activities]]
*[[Payment Methods for International Transactions/Assessment|Assessment]]

'''Correlation''': Materials from this unit correlate with [http://www.nasbitecgbp.org NASBITE CGCP]'s Knowledge Statement 04/03/04: Knowldege of methods of payment (e.g., letters of credit, documentary collection, cash in advance, sight draft)

[[Category:International Business]]