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Introduction

ebanking: ebanking in modern time used to define those types of banking services that provides to manage your financial transactions is simple & very fast and practical, whether you’re on the move or at home.

Trade Services-

1) Trade Payment-

  1. Cash in Advance
  2. Open Account (Most Widely used)
  3. Documentary Collection
  4. Documentary Credit

2) Trade Finance

Open account is followed by documentary collection and then documentary credit.

Cash in advance most preferable to exporter.

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