Analysis of risks in the payment of international trade
Wen Hua-y
Abstract
Wen Hua-y
Abstract
To avoid risks is of the most importance in the payment of international trade.especially for COLLECTION and L/C.This article mainly states on how do the risks take place and how to avoid these risks.It comes to the conclusion through detailed samples that the precondition for safe payments in intenational trade is sound credit position of the client and the relevant bank.
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To avoid risks is of the most importance in the payment of international trade.especially for COLLECTION and L/C.This article mainly states on how do the risks take place and how to avoid these risks.It comes to the conclusion through detailed samples that the precondition for safe payments in intenational trade is sound credit position of the client and the relevant bank.
Key concepts: Payment, Letter of credit, Business, Position (finance), Precondition, Actuarial science, Finance, Risk analysis (engineering)