What are the payment methods for international trade?

1, mainly for remittance, collection and letter of credit.

2. Remittance remittance refers to the payment method that the payer remits the money to the payee by bank or other means according to the agreed conditions and time. There are three ways of remittance, namely, letter transfer, wire transfer and draft.

3. Collection collection means that the exporter issues the draft together with the shipping documents and entrusts the bank at the place of export to collect money from the importer through the collection bank at the place of import. (1) collection type. D/P can be divided into D/P at sight and D/P after sight; D/A for tax payment. (2) The parties and general procedures of collection. The parties involved in collection are: the principal, the collecting bank, the collecting bank and the payer. The general process of collection: fill in the power of attorney for collection, submit it to the bank for collection, the collecting bank collects money from the importer, the importer pays, the collecting bank transfers the payment to the collecting bank, and the collecting bank transfers the payment to the exporter. (3) the characteristics of collection. (4) the international practice of collection. (5) Problems that should be paid attention to when using collection payment method. Collection payment is based on commercial credit. Once the importer refuses to pay, the exporter will bear great risks. Therefore, we should pay attention to the importer's business style and credit, and strictly control the use.

4. Factoring method of collection guarantee: the agency business of collection guarantee is the business of debt agency. Exporters use payment guarantee to sell the company's trade "creditor's rights" to financial institutions, which is called "transfer export financing risk" business. The company undertaking this business is an internationally renowned collection and payment agency.

5. Letter of credit. (1) Meaning of letter of credit: Letter of credit (L/C) is a certificate issued by the bank to the exporter to guarantee payment at the request of the importer. Payment by letter of credit belongs to bank credit. (2) Characteristics of letter of credit: Letter of credit is based on contract and is a kind of bank credit. Once opened, the letter of credit is not bound by the contract, and the principle of "strict compliance" is required in strict accordance with the documents. (3) Parties to the letter of credit: applicant, issuing bank, beneficiary, advising bank, negotiating bank and paying bank. (4) L/C payment procedures: the importer applies to open the L/C, the issuing bank opens the L/C, the advising bank forwards the L/C, the exporter reviews the L/C, the exporter delivers the goods, the negotiating bank advances the payment, the issuing bank pays, and the importer pays. (5) Main contents of letter of credit: There is no uniform format of letter of credit, and the main contents include: applicant, issuing bank, advising bank, beneficiary and negotiating bank; Types of letters of credit, irrevocable, sight or forward, confirmed, transferable and non-transferable; Terms of the letter of credit, types of bills of exchange and drawee of bills of exchange; Letter of credit requirements, name, specifications, quantity, packaging, price, etc. Of goods; Currency demand, currency name and amount; Transportation requirements, date of shipment, validity period, port of shipment, port of destination, mode of transportation, possibility of partial shipment and transshipment, etc. ; Payment document requirements, bills of exchange, invoices, bills of lading, insurance policies, etc. ; Insurance clauses; Special requirements, etc. (6) Letter of credit types: irrevocable letter of credit, documentary letter of credit, confirmed letter of credit, recourse letter of credit, sight letter of credit or forward letter of credit, transferable letter of credit, revolving letter of credit, documentary letter of credit, standby letter of credit, etc. (7) Uniform Customs and Practice for Documentary Credits of the International Chamber of Commerce.

6. Bank guarantee (1) Bank guarantee for import and export trade; (2) Letter of guarantee from the paying bank.