M5 P1_EN M5 P1_EN | Page 9

Part 1: Risk assessment in international trade Payment methods Payment in advance  Advantages and risks exporter’s viewpoint: from the Advantages Risks • The risk of non-payment is null. • Financial requirements are reduced. • Prepayment allows the exporter to cover costs associated with product modifications or shipment preparation. • The exporter ships at his convenience. • No payment risks. It is the most favorable payment method for the exporter Export platforms | Module 5: Getting paid | 9