M5 P1_EN M5 P1_EN | Page 8

Part 1: Risk assessment in international trade Payment methods Payment in advance  It requires the importer to pay for the goods before they are shipped. Payment in advance flowchart Exporter 5. Dispatch goods + docs 4. Payment 1. Purchase order Exporter bank 3. Payment 2. Payment Importer Export platforms | Module 5: Getting paid Importer bank | 8