TermsofPayment国际贸易付款条件

©2007Thomson,apartoftheThomsonCorporation.Thomson,theStarlogo,andAtomicDogaretrademarksusedhereinunderlicense.Allrightsreserved.TermsofPayment©2007Thomson,apartoftheThomsonCorporation.Thomson,theStarlogo,andAtomicDogaretrademarksusedhereinunderlicense.Allrightsreserved.CharacteristicsofInternationalPaymentIssuesRisksinInternationalTradeAlternativeTermsofPaymentCashinAdvanceOpenAccountLetterofCreditDocumentaryCollectionProcurementCardsTradeCardTermsofPaymentasaMarketingToolTermsofPayment©2007Thomson,apartoftheThomsonCorporation.Thomson,theStarlogo,andAtomicDogaretrademarksusedhereinunderlicense.Allrightsreserved.CharacteristicsofInternationalPaymentIssuesRisksinInternationalTradeAlternativeTermsofPaymentCashinAdvanceOpenAccountLetterofCreditDocumentaryCollectionProcurementCardsTradeCardTermsofPaymentasaMarketingToolTermsofPayment©2007Thomson,apartoftheThomsonCorporation.Thomson,theStarlogo,andAtomicDogaretrademarksusedhereinunderlicense.Allrightsreserved.CharacteristicsofInternationalPaymentIssues•ReducedCreditInformation•LackofPersonalContact•DifficultandExpensiveCollections•NoEasyLegalRecourse•HigherLitigationCosts•Mistrust©2007Thomson,apartoftheThomsonCorporation.Thomson,theStarlogo,andAtomicDogaretrademarksusedhereinunderlicense.Allrightsreserved.CharacteristicsofInternationalPaymentIssuesRisksinInternationalTradeAlternativeTermsofPaymentCashinAdvanceOpenAccountLetterofCreditDocumentaryCollectionProcurementCardsTradeCardTermsofPaymentasaMarketingToolTermsofPayment©2007Thomson,apartoftheThomsonCorporation.Thomson,theStarlogo,andAtomicDogaretrademarksusedhereinunderlicense.Allrightsreserved.RisksinInternationalTradeCountryRisk•Countryriskisalsoknownaspoliticalrisk.•Theprobabilityofnotgettingpaidbyacreditor,becausethecreditor’scountryhas:Insufficientforeignexchangereserves.Notallowedthecreditortopaythedebt(politicalembargo).•Politicalriskcanalsomeantheprobabilityofnationalizationofafirm’ssubsidiarybythehostcountry.©2007Thomson,apartoftheThomsonCorporation.Thomson,theStarlogo,andAtomicDogaretrademarksusedhereinunderlicense.Allrightsreserved.RisksinInternationalTradeCommercialRisk•Theprobabilityofnotgettingpaidbyacreditor,becausethiscreditordoesnothavethefundstopaythedebtorbecausethecreditorrefusestopaythedebt.Exposure•Therelativeconsequencesofabad-debtriskforanexporter;theriskofa$50,000losswouldrepresentagreaterexposureforasmallexporterthanforalargeexporter.©2007Thomson,apartoftheThomsonCorporation.Thomson,theStarlogo,andAtomicDogaretrademarksusedhereinunderlicense.Allrightsreserved.CharacteristicsofInternationalPaymentIssuesRisksinInternationalTradeAlternativeTermsofPaymentCashinAdvanceOpenAccountLetterofCreditDocumentaryCollectionProcurementCardsTradeCardTermsofPaymentasaMarketingToolTermsofPayment©2007Thomson,apartoftheThomsonCorporation.Thomson,theStarlogo,andAtomicDogaretrademarksusedhereinunderlicense.Allrightsreserved.AlternativeTermsofPayment•CashinAdvance•OpenAccount•LetterofCredit•DocumentaryCollection•ProcurementCards•TradeCard©2007Thomson,apartoftheThomsonCorporation.Thomson,theStarlogo,andAtomicDogaretrademarksusedhereinunderlicense.Allrightsreserved.AlternativeTermsofPaymentTable7-1:AdvantagesandDisadvantagesofSeveralTermsofPaymentTermofpaymentProbabilityofLosingtheBusinessbecauseoftheChoiceofMethodofPaymentProbabilityoflossduetoNon-PaymentCashinAdvanceHighNilLetterofCreditFairlyHighAlmostNilDocumentaryCollectionLowLowOpenAccountNilRelativelyHighTradeCardLowAlmostNil©2007Thomson,apartoftheThomsonCorporation.Thomson,theStarlogo,andAtomicDogaretrademarksusedhereinunderlicense.Allrightsreserved.CharacteristicsofInternationalPaymentIssuesRisksinInternationalTradeAlternativeTermsofPaymentCashinAdvanceOpenAccountLetterofCreditDocumentaryCollectionProcurementCardsTradeCardTermsofPaymentasaMarketingToolTermsofPayment©2007Thomson,apartoftheThomsonCorporation.Thomson,theStarlogo,andAtomicDogaretrademarksusedhereinunderlicense.Allrightsreserved.CashinAdvanceDefinition•InaCashinAdvancetransaction,theexporterrequeststhatthecustomerprovidepaymentinadvance,beforeshipmentofthegoodscantakeplace.•Itistheultimate“risk-free”alternativefortheexporter.•InaCashinAdvancetransaction,theriskiscompletelytransferredtotheimporter.©2007Thomson,apartoftheThomsonCorporation.Thomson,theStarlogo,andAtomicDogaretrademarksusedhereinunderlicense.Allrightsreserved.CashinAdvanceApplicability•Thismethodisonlyjustifiedinrarecases.•Itcouldbeusedwhentheimporterisperceivedasbeingveryhighrisk(commercialorcountryrisk).•Itshouldbeavoided.©2007Thomson,apartoftheThomsonCorporation.Thomson,theStarlogo,andAtomicDogaretrademarksusedhereinunderlicense.Allrightsreserved.CharacteristicsofInternationalPaymentIssuesRisksinInternationalTradeAlternativeTermsofPaymentCashinAdvanceOpenAccountLetterofCreditDocumentaryCollectionProcurementCardsTradeCardTermsofPaymentasaMarketingToolTermsofPayment©2007Thomson,apartoftheThomsonCorporation.Thomson,theStarlogo,andAtomicDogaretrademarksusedhereinunderlicense.Allrightsreserved.OpenAccountDefinition•InanOpenAcc