The method of payment in international trade law with a look in dealers' methodology
DOI:
https://doi.org/10.12957/rdc.2019.38089Palavras-chave:
International trade, letters of credit, draft, exchange, mutual tradeResumo
In today's world, there is no country without international trade and the growing global trade reflects the importance and need of all countries for global exchanges. In this regard, the issue of international payments is emerging as one of the most important stages in a commercial transaction, and failure to know enough about the payment methods and the lack of knowledge about the risks of each of these methods can make an international businessman face big problems and sometimes become bankrupt for this reason. Therefore, we need to explain this method to Iranian businessmen by explaining various payment methods in international trade, so that they can choose the best possible method during this period of time. After reviewing the various methods and paying attention to the interests of each, given the fact that the opening the letters of credit in Iran is subject to sanctions, it is possible to consider the method of payment by stockholders as a more desirable option or do mutual trade, thereby preventing possible damages.
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