When:
June 8, 2022 @ 10:00 am – 11:00 am
2022-06-08T10:00:00-04:00
2022-06-08T11:00:00-04:00
Where:
Online Meeting (Live)
Cost:
Free
Contact:
Beth Smith
6/8/22
10:00 AM – 11:00 AM (EDT)
6/8/22 8:00 AM (EDT)
No Fee
Online Meeting (Live)
Exporting
To succeed in today’s global marketplace and win sales against foreign competitors, exporters must offer their customers attractive sales terms supported by the appropriate payment methods. Because getting paid in full and on time is the ultimate goal for each export sale, an appropriate payment method must be chosen carefully to minimize the payment risk while also accommodating the needs of the buyer. There are four primary methods of payment for international transactions. During or before contract negotiations, you should consider which method in the figure is mutually desirable for you and your customer.
Learn more about:
1) Cash-in-Advance
2) Letters of Credit
3) Documentary Collections
4) Open Account
The SBTDC is a business and technology extension program of the UNC System and is funded in part through a Cooperative Agreement with the U.S. Small Business Administration.