Quoting from [Catalyst]:
Answers, and detailed ones at that, to many of the recent questions asked in this forum on foreign spate of exchange can easily be found in any good text book on foreign exchange and international banking.
Please Allow me Mr Catalyst,
To see the fact that :
1. The Result of Survey asking by Mr Ranger, that still not so many audiences knowing well
"International Payment terminology" and the Payment it self.
2. The International Banking dully payment-practices ( UCP nnn - ICC )
are also not an Open source Publicity material.
3. The open resources channel of this Payment & Finance forum are (expectfully) for the aim
of educating to community.
Considering that :
1. The International Trades Payment Methods already enough vary and need 'time/effort'
to know it (understanding it) . Not all had been practiced by means of time and chances.
2. The Payment (International trades) will not go without the FOREX it self, which are the core
chorus of the trade it self. It was indeed very basic ? but yet how many that can answer it
by the 0 = zero reply (low ratea) it could be 2 = they knew it or they did not and can not ?
3. I had posted a stimulation question about the :
- L/C payment is not only selling/buying contract and payment terms,
in there also a transaction of forex are happened there ( by banks of corse).
- How and what the exchange of buy/sell of currency had been implemented ?
in oder to anticipate the loss/gain upon the fluctuation of currency conversion exchanges.
- Where to buy the foreign currency ? for the better rate ?
4. Some of the subject can not be explanatory in short sentence/page.
Had come to a decision :
1. Asking the terminology 1 by 1 into the forum
2. International Payment > terminology > forex > bank's financing > each payment instrument
All anything that could be as a payment tool in doing International trades >
as you said even not must in Money=currency ( Giral or Chartal) but also Barter/exchange
trades.
As there fore the decision been made under a reason not for none,
Any improper of this is subject to S E & O for disclaimer.
All of critics and comments will be welcome positively.
Best regards,
TJ of One UNI