Financial services:
How to transfer currencies in international financial payments is one of the main pillars in trade, which is divided into different types based on risk.
ATT group has gained experience and a lot of effort in discussing business and commerce over the years. It can provide reliable practical services and consulting in the discussion of financial exchanges.
In international trade, the choice of a method of payment is generally made by the parties and by agreement, and depends on several factors.
A variety of payment methods
– Cash in advance
– Open Account or future payment
– Collection for you, which has different types
– Documentary Credit (L / C)
The most widely used method of transferring money in foreign trade
The most well-known method used to transfer money in foreign trade is to open a letter of credit. Which is also the most widely used. However, there seem to be other ways to transfer money that are largely unknown.
With the advent of crypto currencies as well as the recognition of some governments and the international reception of businessmen and business owners, it seems. There are other ways to transfer money that are largely unknown. You can contact ATT GROUP experts for more information on conventional financial methods.