Incoterms payment security
Quelle: https://iccwbo.org/resources-for-business/incoterms-2020/
TL;DR
Incoterms payment security refers to contractual mechanisms that reduce the risk of non-payment in international trade. Typical tools include payment instruments such as letters of credit, documentary collections, bank guarantees, or other security arrangements agreed in the contract. Incoterms themselves specify delivery obligations, transfer of risk, and costs, but do not prescribe exact payment methods; payment security is therefore set …
Incoterms payment security refers to contractual mechanisms that reduce the risk of non-payment in international trade. Typical tools include payment instruments such as letters of credit, documentary collections, bank guarantees, or other security arrangements agreed in the contract. Incoterms themselves specify delivery obligations, transfer of risk, and costs, but do not prescribe exact payment methods; payment security is therefore set out in the sales contract or supplementary documents and is indirectly influenced by the chosen Incoterms option.
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⚖️ ICC Incoterms 2020
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