PAYMENT INSTRUMENTS IN INTERCONTINENTAL TRADE: EXAMINATION OF EXPENDITURES OF TRADE, PROMISSORY NOTES, AND DOCUMENTARY COLLECTIONS

IntroductionIn Intercontinental trade, a variety of payment devices aid transactions concerning buyers and sellers across borders. Knowledge these instruments, including charges of Trade, promissory notes, and documentary collections, is crucial for guaranteeing secure and successful payment processes. Every instrument serves a unique reason and fe