Unit 7 Payment and Settlement of accounts 1. Terms of payment (1) Remittance T/T(Telegraphic Transfer) ---M/T(Mail Transfer) D/D Demand Draft)Unit 7 Payment and Settlement of accounts 1. Terms of payment (1) Remittance ◼ ---T/T (Telegraphic Transfer) ◼ ---M/T (Mail Transfer) ◼ ---D/D (Demand Draft)