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Updated in [July 27th, 2023]
Are you looking to gain a better understanding of trade finance? This tutorial provides an introduction to the different roles and players in international trade, the various methods of payment, and the publications of the International Chamber of Commerce (ICC). Examples of the Advance payment method, Open Account or Cash on Delivery Method, Documentary Collections, and Letters of Credit will be discussed, as well as the differences and similarities between the two. Subscribe to the channel and watch the latest video to learn more.