Advance payment
Understand timing, proof of order and payment protections.
Trade knowledge / Payments
International Trade Payments
Learn about common payment methods and considerations in cross-border transactions.
Transaction planning
Payment terms should fit the transaction.
Payment practices vary by product, country, banking relationship, transaction structure and risk profile.
Buyers and suppliers should agree on payment timing, required documents, currency, bank processes and responsibilities before committing. This page provides general educational context, not financial or legal advice.
Payment topics
Questions to consider.
Discuss payment options with your bank and qualified trade or financial advisors.
Letter of credit
Learn the general role of documentary credit arrangements.
Open account trade
Consider payment after delivery and related counterparty risk.
Documentary collections
Understand document handling through banks at a high level.
Payment risk
Assess the parties, terms, documents and transaction safeguards.
Currency considerations
Confirm currency, conversion and bank charges with your provider.
Invoice and payment
Align invoice details with the agreed commercial arrangement.
Agreeing payment terms
Buyers and suppliers should document the terms they accept.
Payment methods and risks vary. This educational page is not financial, banking or legal advice.