Funds Remittance/Credit Cards

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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

Credit Cards[edit | edit source]

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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