Methods of making Payments in Foreign Exchange

This course is offered by LOGIVeda, the best Digital Institute for the Logistics Sector. This Course focuses on Trade, Foreign Exchange and the methods of payment related to both of them respectively. Trade can be of four types- Barter Trade, Trade Agreement (after money was invented), Counter Trade, & Triangle trade whereas the methods of payment for trade can be clean and advance payments. A BOE is a negotiable instrument which is signed on an unconditional basis by the drawer in the name of the bearer. Further, the various methods for the payment of a FOREX are also discussed

This course does not have any pre-requisite.

Upon successful completion, the student will be able to 

1. Understand types of Foreign Trade, Trade agreement, Counter Trade and Traiangle trade.
2. Understand various methods of payment of a FOREX.