Course period: 2.
Year of study: 2.
Compulsory module

The aim of the course is to acquire comprehensive knowledge about the content and mechanism of use of modern and standard payment instruments and the ability to use them adequately in practice.

Brief module description

The course is aimed at providing an educational framework within:

  • Payment system characteristics,
  • the nature of national and international payment systems,
  • payment terms,
  • documentary payments,
  • smooth payments,
  • bank guarantee,
  • payment insurance,
  • use of bills of exchange and checks in business and payment systems,
  • financing of business transactions, characteristics of business and payment relationships at the retail level.