英语翻译

英语翻译
International payments are financial activities conducted among different countries .
Paying for goods supplied in domestic trade is fairly simple matter because payment can be made either in advance or within a reasonable short period after delivery.Payment is much more complicated in international trade.The sellers must sometimes wait several months for their money or the buyers may need to pay several months before they even see their goods.Clearly,both the sellers and buyers run certain risks of non-payment or non-delivery .So the appointment of agents for trust purpose becomes necessary.This function is usually entrusted to banks,which have branches or correspondent banks in most towns and cities overseas.