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What is the safest method of payment in an international business?

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تم إضافة السؤال من قبل padmakumar pathiyil , Marketing Consultant , Management Consultancy
تاريخ النشر: 2014/09/30
Syed Farooq Azam Rizvi
من قبل Syed Farooq Azam Rizvi , SALES MANAGER-Middle East and India , ALBEMARLE CORPORATION

Letter of Credit (LC) is the best instrument to secure a payment as in the sales transaction international or reputed banks become gurantor for the payments towards goods and services provided.

Eid Hatem
من قبل Eid Hatem

Confirmed irrevocable letter of credit.

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
من قبل VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

To get a "Letter of Credit"  Opened in your favor through the Importers' Bank

YASSER ARAFATH KUNNATH
من قبل YASSER ARAFATH KUNNATH , Business Development , Hussain & Hussain Co.

Letter of Credit if both parties agreed 

Faisal Ahmed
من قبل Faisal Ahmed , Operation Manager , Global Pioneer L.L.C

Letter of credit, Swift meathod

Monzer AL Malak
من قبل Monzer AL Malak , International Business Director , Kings Projects International

by using letters of Credit or bank guarantees. Some projects require sovereign guarantees

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