Global Trade Guide Secure International Payment Methods
This article provides an in-depth analysis of eight mainstream foreign trade collection methods, including Telegraphic Transfer (T/T), Letter of Credit (L/C), Documents against Payment (D/P), Documents against Acceptance (D/A), Open Account (O/A), Third-party Escrow, PayPal, and Western Union. It details the advantages, disadvantages, and applicable scenarios of each method, helping foreign trade merchants choose the most suitable collection strategy to achieve secure and efficient payment collection and steadily expand their global business.
