The document discusses various methods of payment in international trade contracts including cash payment, documentary collection, letter of credit, open account, and consignment. It describes key terms like advance payment, documentary collection, letter of credit, open account, and shipment on consignment. Modes of payment like supplier's credit and buyer's credit are also covered along with the requirement for working capital in international trade finance.

1. International contracting and import finance Click to add subtitle

3. Company Profile Minerals, Metals, Fertilizers, Coal & Hydrocarbons, Agricultural Commodities, Gems & jewelry, Engineering Items. Product Range No Credit Rated CII, FICCI, FIEO, Assocham, Capexil, etc. Memberships No OEM Service Provided Middle East, Europe and Australia. Import Markets South East Asia, Africa, Middle East, Europe, China and Japan. Export Markets 1963 Year of Establishment US$ 768.3 million (Export Value: US$ 488.8 million) Import Value US$ 1.3 billion Sales Volume State-owned trading house with expertise in bulk cargo. PrimaryCompetitive Advantages 59.9% Import Percentage 37.5% Export Percentage US$ 10.3 million Capital in Dollars US$ 768.3 million (Export Value: US$ 488.8 million) Import Turnover US$ 1.3 billion Export Turnover Trading Company Business Type

8. Modes of Payment

12. PRINCIPAL TERMS OF PAYMENT