For Amazon sellers, advertising is the most common marketing method. After each advertisement, sellers need to analyze the effectiveness of the advertisement so as to better determine the type of advertisement for the next time. So, how should sellers analyze advertising reports? What should be paid attention to during the analysis? This article will answer…
With the advent of the e-commerce era, AliExpress has attracted the attention of many sellers and buyers around the world. For AliExpress sellers, making attractive marketing images is a key link to increase product exposure and attract buyers. However, when making AliExpress marketing images, many sellers have a question: Does AliExpress marketing image have to…
1. Electronic money Electronic money is based on the electronic financial network. It uses commercial electronic machines and various transaction cards as the medium, electronic computer technology and communication technology as the means, and is stored in the bank’s computer system or user’s mobile phone in the form of electronic data (binary data). It can…
Although checks, bills of exchange and promissory notes all have the general characteristics of bills of exchange, they also have obvious differences, mainly in the following aspects: (1) Parties. Both bills of exchange and checks have three basic parties, namely the drawer, the payee and the payee; while the basic parties of a promissory note…
According to my country’s “Bills of Exchange Law”, checks can be divided into cash checks and transfer checks. Whether it is used to withdraw cash or transfer money, it should be indicated on the front of the check. Cash checks can only be used to withdraw cash; transfer checks can only be used for transfer…
According to Article 81 of my country’s “Bills of Exchange Law”, a check is a bill issued by the drawer, and the bank or other financial institution entrusted with the check deposit business shall unconditionally pay a certain amount to the payee or holder upon seeing the check. A check is a sight draft with…
1. Endorsement. In the international market, bills of exchange are also a negotiable instrument that can be circulated and transferred in the bill market. Endorsement is a legal procedure for transferring the rights of bills of exchange, which is the act of the holder of a bill of exchange recording relevant matters on the back…
The parties involved in the collection method are mainly: (1) Principal. The principal is the buyer who entrusts the bank to handle the collection business, usually the exporter. (2) Remitting Bank. The remitting bank is also called the entrusting bank. It is the bank entrusted by the principal to handle the collection business. It is…
In international trade, when remittance is used to settle payment, banks only provide services. Therefore, the use of remittance depends entirely on the trust between the buyer and the seller. Whether the buyer pays on time after the seller delivers the goods or hands over the documents depends on the buyer’s credit. Therefore, the nature…
Based on the responsibility of the issuing bank, letters of credit can be divided into irrevocable letters of credit and revocable letters of credit. (1) Irrevocable Letter of Credit (Irrevocable L/C). An irrevocable letter of credit means that once issued, during its validity period, the issuing bank cannot unilaterally modify or revoke it without the…