How many types of payment terms are in export business?

\ There are following Payment Terms of in Export Business, that are following: Open Account Documentary collection Letter of Credit Cash in Advance Consignment

Open account payment in International Trade, the buyer receives the goods shipped by the exporter and then makes the payment at the end of an agreed credit period. The credit period can be a fixed duration – 30 days, 60 days, 90 days, etc

2 TYPES- FOB: FREE ON BOARD AND CIF: Cost, insurance, and freight

The supplier credit : this formula is for the supplier to grant payment delays to the buyer and to replenish its cash with its own bank.

The buyer credit: the main characteristic of the buyer credit  is the existence of two contracts: the commercial contract and the credit agreement

The accompanying financial credits

Financial credits non linked, or dry credits