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International Trade Finance Payment Methods

Faculty :

Industry :

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Course Description:

This webcast will help exporters and importers understand the three international trade finance methods of payment? to include Letters of Credit, Documentary Collections and Open Account? and their variations. They will also learn the pros and cons of each method and what documents are used to effect each type.

Why should you Attend?

Companies that export and import products can use Documentary Letters of Credit, Documentary Collections or Open Accounts to purchase and sell goods globally. Understanding the proper application and documents involved will assist in the reliable payment for goods sold. Understanding the proper application of each type of payment will provide the most competitive possible terms of sale.

Areas Covered:

This 60 min course will cover:

  • What is a Documentary Letter of Credit?

  • What is a Documentary Collection?

  • What is a Document Payment?

  • What is a Document Acceptance?

  • What is a Clean Collection?

  • What is Open Account?

  • What are the pros and cons of each type of payment method?

  • What are the documents involved to effect the payment of each method?

  • How can I assure payment for my shipment?

  • You will learn how to use and apply all three international trade finance payment methods and what documents are used to effect each type?

    Who will benefit?

    This course will provide valuable assistance to all companies that export or import goods and need to be assured they will receive payment and their goods? while providing the most competitive terms of sale.

  • Export Companies

  • Import Companies

  • Freight Forwarding companies that must ship under each method of payment.

  • Bank staff involved with bank trade finance services.

  • Registration Options


    Avail 12 months unlimited access for a single user.


    Material shipped within 15 days post webinar completion & get life time access for unlimited participants.



    Speaker Details

    John  Dunlop

    John Dunlop

    Global Trade

    John W. Dunlop is CEO of InterNetLC.com, LLC. InterNetLC.com provides the eTrade Finance Platform as an open source web service for online eUCP Letter of Credit and trade finance transactions. The company also provides Documentary Letter of Credit Management services to assist exporters and importers in managing the letter of credit process from purchase order to final payment.

    Refund Policy



    Participants/Registrants for our live events, may cancel up to 72 hours prior to the start of the live session and ComplyArena will issue a letter of credit to be used towards any of ComplyArena's future events. The letter of credit will be valid for 12 months.

    ComplyArena will process refund in cases where the event has been cancelled and is not rescheduled within 90 days from the original scheduled date of the webinar. In case if a live webinar is cancelled, participants/registrants may choose between recorded version of the course or a refund. Refunds will not be processed to participants who do not show up for the webinar. A webinar may be cancelled due to unavoidable circumstances, participants will be notified 24 hours before the scheduled start of the event. Contact us via email: admin@complyarena.com or call +1-888-222-5917 (Toll Free).