This chapter summarizes the different procedures available for payment and notes several practical points Rwandan exporters should keep in mind.
We pay particular attention to letters of credit as the optimal means of payment to protect the interest of both exporters and buyers.
A list of all commercial banks as well as their areas of financing can be found on this chapter
Types of Payment
Open Account
Cash or Payment in Advance
Letters of Credit
Special Letters of Credit
Letter of Credit Application
Exporter resources
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