PAYMENT DEVICES IN GLOBAL TRADE: EVALUATION OF EXPENDITURES OF TRADE, PROMISSORY NOTES, AND DOCUMENTARY COLLECTIONS

IntroductionIn Intercontinental trade, a variety of payment devices facilitate transactions among prospective buyers and sellers across borders. Knowing these instruments, such as bills of Trade, promissory notes, and documentary collections, is important for making sure protected and economical payment processes. Every single instrument serves a u