Payment in advance usually takes place when the importer has not long been established.
举一反三
- Open account payment takes place when the importer has a long credit history and is well known to the seller.
- Payment in advance generally takes place under the following circumstances. _________
- In payment in advance method, the importer makes full payment to the supplier before the shipment of goods is done.
- It has been quite a long time ______ the two companies established a business relationship.
- In ___________, the buyer’s bank undertakes to pay the seller when the terms and conditions have been met. A: payment in advance B: open account payment C: documentary collection D: L/C