Archive:Methods of Payment/Combining Methods of Payment: Difference between revisions
wikademia>MSUglobal New page: {{TF4.1}} ==Combining Methods of Payment== The important thing to remember about methods of payment is that they are not absolute. They can be combined in many ways to reduce risk for a... |
wikademia>Wikademia m moved Methods of Payment/Combining Methods of Payment to Archive:Methods of Payment/Combining Methods of Payment |
||
| (4 intermediate revisions by 2 users not shown) | |||
| Line 1: | Line 1: | ||
{{ | {{ntnes}} | ||
==Combining Methods of Payment== | ==Combining Methods of Payment== | ||
The important thing to remember about methods of payment is that they are not absolute. They can be combined in many ways to reduce risk for all of the parties involved. For example, should a new customer require custom-made products, but cannot afford 100% prepayment, an exporter could offer 50% prepayment to cover the cost of manufacturing and 25% payment at invoice date and 25% payment 90 days after invoice. | The important thing to remember about methods of payment is that they are not absolute. They can be combined in many ways to reduce risk for all of the parties involved. For example, should a new customer require custom-made products, but cannot afford 100% prepayment, an exporter could offer 50% prepayment to cover the cost of manufacturing and 25% payment at invoice date and 25% payment 90 days after invoice. | ||
<div style="float:right;">[[Methods of Payment/Open Account|Prev]] | [[Methods of Payment/Summary|Next]] | |||
[[Category:International | [[Category:International business]] | ||
Latest revision as of 05:39, 27 May 2009
Combining Methods of Payment
The important thing to remember about methods of payment is that they are not absolute. They can be combined in many ways to reduce risk for all of the parties involved. For example, should a new customer require custom-made products, but cannot afford 100% prepayment, an exporter could offer 50% prepayment to cover the cost of manufacturing and 25% payment at invoice date and 25% payment 90 days after invoice.