The primary methods of payment for foreign trades ranked in, Financial Management

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The primary methods of payment for foreign trades ranked in

The primary methods of payment for foreign trades, ranked in the order of most secure to least secure for the exporter is: open account, consigmnet, letter of credit/time draft, and cash in advance consignment, letter of credit/time draft, cash in advance, and open account cash in advance, letter of credit/time draft, consignment, and openaccount cash in advance, letter of credit/time draft, open account, and consignment.

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Financial Management: The primary methods of payment for foreign trades ranked in

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