🌐 TRADE • EXPORT • IMPORT — Global Export, Import & Logistics Hub (48 Countries)
+90 232 700 29 70 GSM: +90 532 313 33 57 WA: +90 232 700 29 70 glob@globtradimex.com coidet.com
FOREIGN TRADE GUIDE #5 — SINCE 1983

Payment Methods in International Trade: Letter of Credit (L/C), CAD & Advance Payment

International banking payment mechanisms under ICC (UCP 600) rules designed to protect both exporters and importers in global and international trade.

Request Export & Import Quote Catalog: coidet.com Container Calculator & Dimensions

4 Primary Payment Methods in International Trade

  • 1. Advance Payment (T/T - Telegraphic Transfer): Full payment or 30%–50% deposit prior to production, balance before shipment or against B/L copy.
  • 2. Irrevocable Confirmed Letter of Credit (L/C - UCP 600): Bank-guaranteed payment upon presentation of compliant shipping documents. Essential for large-scale Global contracts.
  • 3. Cash Against Documents (CAD / D/P): Original shipping documents (3/3 B/L) are released to the buyer by the collecting bank only upon full payment.
  • 4. Bank-Avalized Draft / Open Account: Deferred payment backed by a bank guarantee (Aval) or reserved for long-standing GLOBTRADIMEX branch & distributor networks.

Partner with GLOBTRADIMEX Global Trade Center (Since 1983)

With 3 branches in Turkey, regional trade hubs across Europe, the Middle East, Americas & Asia, 4 offices in Europe, and 89 distributorships across 25 countries, we provide direct export, raw material import, investment consulting, and supporting container logistics.

Foreign Trade Guides & Tools

Direct Foreign Trade Desk

Tel: +90 232 700 29 70
GSM / WA 1: +90 232 700 29 70
WA 2 (Landline): +90 532 313 33 57
E-Mail: glob@globtradimex.com

WhatsApp: +90 232 700 29 70
Knowledge & Insights

Frequently Asked Questions

Frequently asked questions and expert answers regarding Global trade, ocean freight, A.TR, EUR.1 & SABER certification, and port clearance procedures.

GLOBTRADIMEX provides turnkey foreign trade consulting, FCL/LCL ocean container shipping, FTL/LTL road transport, and express air cargo across 48 global markets spanning Europe & the UK, the Balkans & Adriatic, the Middle East & Gulf, Caucasus & Central Asia, North & South America, and Asia-Pacific.

A.TR and EUR.1 certificates grant preferential duty-free customs access in the EU and FTA partner states; SABER (PCoC/SCoC) is mandatory for Saudi Arabia; and ISF (10+2) & FDA filings are strictly required prior to vessel departure for the United States. GLOBTRADIMEX handles all regulatory filings seamlessly.

From Izmir, Istanbul, and Mersin ports, transit takes 2–6 days to the Balkans & Southern Europe, 4–12 days to Western & Northern Europe, 5–15 days to Middle East & Gulf hubs, and 14–22 days to North American East Coast ports.

We utilize Confirmed Irrevocable Letters of Credit (Confirmed L/C), Cash Against Documents (CAD), and export credit insurance, conducting thorough buyer due diligence before contract execution.

Yes. For smaller volumes, we operate weekly LCL ocean consolidation and European/Balkan road groupage billed per CBM/LDM. For urgent samples and critical components, our IATA Express Air Cargo delivers within 1 to 2 business days.

Global Export, Import & Investment Leader Since 1983

Take a Secure and Fast Step into Global Markets

Contact our foreign trade desk directly for export product pricing (coidet.com), Global raw material imports, container freight rates, and mandatory A.TR / EUR.1 / SABER waivers.

WA 1: +90 232 700 29 70 WA 2: +90 532 313 33 57 Get Product & Freight Quote Catalog: www.coidet.com Tel: +90 232 700 29 70
✉️ glob@globtradimex.com | 📠 Fax: +90 232 700 29 75 | 🌐 www.coidet.com
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