Drake Finance Blog Export Payment Methods and How They Work for You

Receiving guarantee of payment from a foreign entity is one of the most important factors of your export sale. This process is more difficult for overseas buyers versus domestic transactions, because the exporter does not generally have the same type of processing systems available. We have compiled a list of popular payment methods for exports. Review each carefully to determine which method would be the best for you and your buyer. Always be sure that you are comfortable with the transactions as they occur.