cash in advance payment method
When an importer must pay the exporter in cash before a shipment is made. The logic behind the structure of such a transaction is that if an exporter ships a product to an importer and the importer does not pay for the item, the exporter has very little recourse.
Definition of cash in advance (CIA): Payment method in which an order is not processed until full payment is received in advance. Also called cash with order.
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Any type of payment that is made ahead of its normal schedule, such as paying for a good or service before you actually receive the good or service. Advance payments are sometimes required by sellers as protection against non-payment.
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Methods of Payment in International Trade . T. attractive sales terms supported by appropriate payment