PAYMENT INSTRUMENTS IN INTERCONTINENTAL TRADE: ANALYSIS OF PAYMENTS OF TRADE, PROMISSORY NOTES, AND DOCUMENTARY COLLECTIONS

IntroductionIn international trade, a variety of payment instruments facilitate transactions in between buyers and sellers across borders. Being familiar with these instruments, for instance bills of exchange, promissory notes, and documentary collections, is important for making sure secure and productive payment procedures. Each individual instru

IntroductionIn Intercontinental trade, different payment devices facilitate transactions amongst purchasers and sellers across borders. Comprehension these devices, which include expenditures of exchange, promissory notes, and documentary collections, is important for making sure safe and productive payment procedures. Every instrument serves a nov