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Payment methods and finance for international trade / Sang Man Kim.

9789811570391 (electronic bk.)
9811570396 (electronic bk.)
9811570388
9789811570384

Singapore : Springer, 2021.

English

1 online resource

10.1007/978-981-15-7039-1 doi

HG1692

332/.0424
343.07

This book explains various methods of payment in international trade and trade finance schemes for international trade. It also presents an overview of the concepts, purposes, features, and risks of international trade. A grasp of the features and risks of international trade facilitates a better understanding of the numerous methods of payment in international trade and the relevant trade finance schemes, which is essential to success in international trade transactions. In order to complete an international trade transaction, depending on the terms, both parties need access to funds. Compared with large companies, small and medium-sized enterprises (SMEs), frequently face difficulties in raising capital or funds, but financing an international trade transaction is often the key to its successful completion. As such, selecting an appropriate financing mechanism from the various options available is vital. This book offers a systematic overview of international trade and payment together with trade finance, providing instructive examples and illustrations of trade documents, each method of payment, and trade finance including export credit insurance or guarantee.-- Provided by publisher.

Includes bibliographical references and index.

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Online resource; title from PDF title page (SpringerLink, viewed December 1, 2020).

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