Payment In Advance
- Payment in advance, or cash in advance, is the best method of payment from the exporter's perspective.
- Do not have to worry about collecting payment.
- Do not have to verify their creditworthiness.
- Most overseas customers will not accept payment in advance terms.
- They want to make sure they receive the goods.
- They may consider these terms to be insulting.
© 2004 John Michael Pierobon