International Journal of Arts and Commerce, vol.3, no.7, pp.50-58, 2014 (Journal Indexed in ESCI)
The head of the topics we qualified as ABC of international trade issue is the “risk” fact. Especially in order
to avoid the risk of the companies which are traded firstly and the countries of these companies, and to
guarantee the cost of goods more secure finance techniques are used. One of the main purposes of the
companies involved in global trade is to increase market penetration, the other one is to take the cost of the
sold good and service on time and safely. At this point, the economic power, geopolitical location and
political stability of the countries which are imported and exported play important role in determining the
mode of payment which is used in trade. In our essay, after a brief look on the payment methods used in
international trade, we try to give information about BPO (Bank Payment Obligation), which is a new form
of payment, in detail and comparatively.