Скачать или смотреть 2/62 The 2nd Chapter of Book Finance of International Trade , Author Alasdair Watson Explained CLEAN

CLEAN PAYMENT AND SETTLEMENT in International Trade.

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Hi Viewers welcome to my Channel Banking Learning and Earning, in the 62nd Session from Chapter #2 of ALSDAIR WATSON, MEMBER of Institute of Banker London.

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1. Introduction.
62nd Session CLEAN PAYMENT ND SETTLEMENT.
In International Trade.
as per Chapter # 2 of Alasdair Watson.

the following points are repeatedly discussed as the Chapter is big to study.
Clean Sattlement mean without Letter of Credit Payment.
There are method of Sattlement

Cheques
Traveller Cheque
Bank Draft (Bill of Exchange)
Advance Payment
Open Account Trade
Vostro Account
Nostro Account
Cable
SWIFT
Wire Transfer.
1. INTRODUCTION OF INTERNATIONAL TRADE.
2. EXPORT1. INTRODUCTION OF MARKET-WHERE TO START.
3. SOURCE OF
IFORMATION .
4. METHOD OF SELLING ABROAD.
5. PERMISSION EXPORTERS MAY REQUIRE
6. MARKET CONDITION
7. RISK ASSESSMENT AND DECISIONS  MAKING
8. LIST OF EXPORT of any Banking system is of course the Transfer of money from one customer to another.
Some time the transfer requested is in favor of a beneficiary who Banks with the same bank. in which case the procedure is simple one customer is debited and another is credited . Some time there has to be a transfer money to another bank. as the beneficiary has his account else where. internally , within UK the method of transfer usually used are cheque or credit transfer with inter bank settlement.

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