III. Sentence building:

1. Buying/ invoices/ way/ debts.

Buying unpaid invoices is a way of raising money from debts

2. With/ open account/ price/ agree/ goods/ ship.

With the open account method, the price is agreed before the goods are shipped

3. L/ C/ represent/ safest/ fastest/ way/ securing settlement/ export/ as/ exporter/ retain/ control/ document of title/ goods.

L/C represents a safest and fastest way of securing settlement for export as the exporter retains to control the document of title of the goods

4. Documentary collections/ mean/ there/ documents/ include/ collection order/ which/ send/ exporter's bank/ collection/ importer.

Documentary collections means that there are documents including collection order which is sent to the exporter's bank to collection from the importer.

5. With L/ C/ there/ risk/ issuing bank/ because/ credit/banks/ deal in/ documents/ not/ goods.

With L/C, there is a risk to the issuing bank because the credit only deals in the documents not in goods

6. Bill of exchange/ credit instrument/ which/ issuing bank/ pay/ sum of money/ certain time/ after sight.

Bill of exchange is a credit instrument which orders the issuing bank have to pay a sum of money at a certain time after sight.

7. Banks/ need/ take assets/ know as/ collateral security/ when/ grant loans.

Banks need to take assets know as collateral security when granting loans

8. To attract/ customers/ provide/ various needs/ banks/ develop/ methods of payment.

To attract more customers and to provide for their various needs, the banks have to develop different methods of payment.

9. Free market/ businesses/ competition/ more sales.

In the free market, many businesses have to fight in tough competition to get more sales

10. Banks/ provide/ short-term/ finance/ mean/ overdrafts/ loans/ exporters.

Banks are providing short-term finance by means of overdrafts or loans to the exporters.