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In foreign trade transactions various modes of payment are practised, among
which the most popular are as follows:
– by a banker's transfer;
– by a letter of credit;
– for collection;
– by drafts;
– on an open account.
Sometimes mixed terms are practiced. That depends on the value of the
goods, volume of the goods, time of delivery and many other factors.
Here is an example of how terms of payment can be stipulated in the offer for
some expensive sophisticated equipment:
We propose the following terms of payment.
Ten percent of the total sum should be paid in advance by telegraphic bank-
er's transfer.
Fifty percent of the total sum should be paid by telegraphic banker's transfer
within 30 days after your bank receives shipping documents.
Forty percent of the total sum should be paid by drafts at 90 days' sight.
Vocabulary
to practice практиковать, применять
practice практика, применение
to transfer переводить
transfer перевод
money transfer денежный перевод
bank transfer банковский перевод
to make a transfer произвести перевод
letter of credit (сокр. 1/с) аккредитив
syn. credit
to collect инкассировать, взимать
collection инкассо
for collection на инкассо
on a collection basis на основе инкассо
draft тратта
to pay by drafts оплачивать траттами
a sight draft тратта, срочная по предъявлении
30 days' sight draft тратта, срочная через 30 дней
после предъявления
account счет
to mix смешивать
mixed смешанный
mixture смесь
volume объем, количество
to stipulate указывать
expensive дорогой
In foreign trade transactions various modes of payment are practised, among
which the most popular are as follows:
– by a banker's transfer;
– by a letter of credit;
– for collection;
– by drafts;
– on an open account.
Sometimes mixed terms are practiced. That depends on the value of the
goods, volume of the goods, time of delivery and many other factors.
Here is an example of how terms of payment can be stipulated in the offer for
some expensive sophisticated equipment:
We propose the following terms of payment.
Ten percent of the total sum should be paid in advance by telegraphic bank-
er's transfer.
Fifty percent of the total sum should be paid by telegraphic banker's transfer
within 30 days after your bank receives shipping documents.
Forty percent of the total sum should be paid by drafts at 90 days' sight.
Vocabulary
to practice практиковать, применять
practice практика, применение
to transfer переводить
transfer перевод
money transfer денежный перевод
bank transfer банковский перевод
to make a transfer произвести перевод
letter of credit (сокр. 1/с) аккредитив
syn. credit
to collect инкассировать, взимать
collection инкассо
for collection на инкассо
on a collection basis на основе инкассо
draft тратта
to pay by drafts оплачивать траттами
a sight draft тратта, срочная по предъявлении
30 days' sight draft тратта, срочная через 30 дней
после предъявления
account счет
to mix смешивать
mixed смешанный
mixture смесь
volume объем, количество
to stipulate указывать
expensive дорогой
44
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