Answer: Wire Transfer. An international wire transfer is the most secure and preferred method for exporters to receive payment in advance. ...
Credit Card. ...
Escrow Service. ...
Payment by Check. Payment Methods
Option 1: Credit card.
Option 2: Check.
Option 3: Wire transfer.
Option 4: Cash. To make an international payment, you must have:
the details of the person receiving the payment, including their name and address.
their International Bank Account Number (IBAN) or account number.
the name, address and Bank Identifier Code (BIC) of the bank receiving the funds.
a card reader.
Traditional payment systems include negotiable instruments such as drafts (e.g., cheques) and documentary credits such as letters of credit. ... This includes debit cards, credit cards, electronic funds transfers, direct credits, direct debits, internet banking and e-commerce payment systems.
