Warm-up Questions

1.The following are some commonly-used methods of payment. write down the name of each method in the box.

For reference: mobile payment/credit card/cash/cheque

2. What are the commonly-used methods of payment in international trade? Can you tell the advantages and disadvantages of each for both sellers and buyers?

Warm-up Questions

Look at the following pictures and discuss the questions with your partner.

• 1. Can you name some modes of payment in your daily shopping?

• 2. Do you know the modes of payment in international trade?

• 3. What makes modes of payment in international trade different?

10 Key Sentences

• 1. Could you tell me what terms of payment you usually accept?

• 2. L/C at sight is normal for our exports to Europe.

• 3. The terms of payment we usually adopt are confirmed and irrevocable L/C.

• 4. Could you accept payment by D/P at 30 days after sight?

• 5. Is it possible to find alternative payment terms for this order?

• 6. We trust you and hope you will live up to your credit.

• 7. We will agree to change the term of payment from L/C at sight to D/P at sight.

• 8. The L/C remains valid until the 21st day after shipment. 

• 9. For a new client, we don't accept any other terms of payment except L/C.

• 10. How about meeting each other half-way, 50% by L/C and the balance by D/P?