Funds Remittance/Credit Cards

Unit 4.4- Funds Remittance

Introduction | Checks | Banker's Drafts | Electronic Funds Transfers | Money Orders | Cash or Bank Notes | Credit Cards | SWIFT | Summary | Resources | Activities | Assessment Go to Unit 4.1 | Unit 4.2 | Unit 4.3 | Unit 4.4 | Unit 4.5 | Unit 4.6 | Unit 4.7 | Unit 4.8 | Unit 4.9 Return to International Finance Module 4: Payment Methods

Credit Cards

With the increase in online business, international payments made through consumer/business credit cards are becoming more common. These transactions are limited to the credit available on the credit card and often incur high fees for a seller as well as a buyer for currency exchanges.

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