0_public:finance_and_economic_models:payment_methods:open_account
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| 0_public:finance_and_economic_models:payment_methods:open_account [2025/01/27 20:06] – ↷ Page moved from payment_methods:open_account to 0_public:finance_and_economic_models:payment_methods:open_account pointnm | 0_public:finance_and_economic_models:payment_methods:open_account [2025/03/23 18:52] (current) – removed pointnm | ||
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| - | ====== Open Account ====== | ||
| - | ---- | ||
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| - | a.k.a. Open Credit \\ | ||
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| - | The most frequent alternative to a LC is a line of open credit — a pre-approved financial arrangement that allows the buyer to make purchases up to a specific sum without producing guarantees. The reputational blow to companies that fail to honour an open-credit transaction usually ensures payment under normal trade circumstances. Accepting payment on open credit could prove riskier for sellers at present — any sanctions that explicitly target the Russian energy sector would prevent buyers from making payment. | ||
0_public/finance_and_economic_models/payment_methods/open_account.1738008361.txt.gz · Last modified: 2025/01/27 20:06 by pointnm