What are the payment methods for international trade?

1. cash: the former means that the buyer must remit all the payment to the seller in the agreed way, usually through the bank, when signing the contract or ordering, or within the specified time thereafter. The latter means that the buyer should pay the full amount a few days before the shipment of the goods as a condition for the seller's shipment.

2. Cash on delivery: In principle, this means that the buyer has the responsibility to pay only when the seller delivers the goods at the designated place. In this case, the seller's delivery and the buyer's payment are mutually conditional. This principle generally applies to all kinds of sales contracts characterized by physical delivery.

D/P: In principle, when the seller delivers the qualified shipping documents as stipulated in the contract, the buyer shall bear the responsibility for payment. In this case, the seller's documents and the buyer's payment are mutually conditional.

4. Bookkeeping payment: Bookkeeping is also called special account bookkeeping. After the seller ships the goods for export, he sends the shipping documents to the buyer, and the payment is credited to the buyer's account, and then settled regularly according to the agreed time limit.

5. Installment payment: According to the project or delivery schedule, it is called installment payment. This is a payment method often used in transactions such as long production cycle, expensive raw materials or some large machinery and equipment and engineering projects specially processed and produced for the buyer.