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Types of payments in the International Trade are as follows:
1- Direct Banking Transfer (Advance Payment).
2- Clean Collection.
3- Documentary Credit / Letter of Credit.
4- Documentary Collection.
5- In some few cases, via Standby Letter of Credit or Letter of Guarantee.
(1) TT or Advance cash
(2)Letter of Credit (L/C)
(3)Escrow
(4)Bills of exchange
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