354354

Republica Bolivariana de Venezuela
Instituto Universitario de Tecnología Industrial
"Rodolfo Loero Arismendi"
Administración Tributaria - Aduanas

The Means of Payment

Realizado por:
AntonioZapata
C.I.: 16.629.969

Puerto Ordaz, 07 de Junio de 2010

The Means of Payment; all transactions in Intentional Trade whatever the payment terms imply half to pay for the operation. Thesemeans of payment play a fundamental role, not only for being the way it conducts the transaction, but because they give rise to financing. The main international means of payment are.
Advance Purchase,it is that the importer, before boarding places in the Piazza's exporters the purchase and sale. This form of payment represents many risks for the purchaser, who is completely at the mercy of theseller's good faith, and who possibly can to deliberately delay the shipment of goods or simply in the worst case, no do so.
Direct payment, it is where the importer makes payment directly to theexporter and / or uses an entity to which this payment is made without greater commitment on the part of that entity. The most common means of payment for direct payment are normally used when conditions ofpayment are cash, current account or appropriation.
Documentary Collections; they are defined as management by banks of documents that can be financial or commercial, according to the instructionsreceived, manage and deliver the documents to the buyer after payment and / or acceptance.
The Documentary Collections is less risk that direct payment and advance because in this mode involves one ormore banks, but such engagement is no guarantee the fulfillment of our obligations under the sales contract agreed between the parties. 4. The documentary credit; The letter of credit or documentarycredit, took the place of privilege among the means of payment for buying and selling international goods, not only because of the assurances offered, but because its use is achieved through a...