• Call Us
  • +84 466 622 747
  • Email us
  • contact@elive.edu.vn
International Payments

International Payments

International Payments is the easy and secure way to send money abroad. Whether you’re sending money to family, have a home overseas that you need to pay for or paying an overseas supplier, you can transfer money to almost anywhere in the world.

Match the type of payment with the description, and choose the best word from each pair in red type

Four methods of payment for imports/exports: Advance payment, bill of exchange, documentary credit (or letter of credit), open account.

a. _________________

The exporter sends the goods and documents/papers (1) to the foreign buyer. The buyer pays the invoice when the goods arrive, or within a certain period from the invoice date. This can be risky, as the exporter trusts the buyer to respect/honour (2) the original sales contract.

b. _________________

A foreign bank issues a promise / and undertaking (3) to the exporter (through a bank in the exporter’s country) to pay for the goods as long as the exporter matches/complies (4) with the conditions of the contract. This is a much safer form of payment for the exporter. To be even safer, the exporter can arrange for the bank in his/her country to act as/be (5) “confirming bank”, which means that the bank in the exporter’s country is responsible for the transaction.

c. ________________

A legally-binding/legally-holding (6) agreement that the importer will, on acceptance of the bill, pay the exporter for the goods. The risks are that the importer does not accept the bill even though the goods have arrived, or doesn’t pay/ dishonours (7) an accepted bill when it matures/is time to pay (8).

      d. ________________

      The exporter does not send/dispatch (9) the goods until payment has been received from the importer. There is no risk for the exporter – all the risk is taken by/with (10) the importer.

Nguyễn, Ngọc Tam

In auctor fringilla turpis eu rhoncus. Vivamus quis nisi vel dui ultrices lacinia ac eu massa. Quis que vitae consequat sapien. Vivamus sit amet tincidunt ipsum, nec blandit ipsum. Lorem ipsu m dolor sit amet, consectetur adipiscing elit...

Hãy cho biết ý kiến của bạn về bài viết này:

Bạn đang nghĩ gì về bài viết này của chúng tôi cũng như những thông tin trên trang website này. Phản hồi của bạn sẽ giúp chúng tôi cải thiện các dịch vụ dành cho bạn.

Your comment was successfully posted!


Liên hệ

Giờ làm việc

Tại sao chọn eLive English?

At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum.


Subscribe to our newsletter for good news, sent out every month.