In this case, the buyer pays money in the form of notes and coins to Wholesale BD. Wholesale BD on receipt of cash, issues cash memo or cash receipt.
Payment can also be remitted through money orders and postal orders. Businessmen may prefer more of postal orders because a large number of postal orders can be collected and encashed at a time. Postal order is safer than a money order. Postal orders can be crossed for safety purpose.
Buyers from local areas or overseas can transfer payment to Wholesale BD’s bank account, its safer to pay through bank tranfers as they are the most common form of cashless consumer payments. Please be noted, if the payment needs time to transfer then Wholesale BD won’t recongnise the payment as paid until the payment is paid from buyers account.
Buyers can pay for the orders through by bkash. Wholesale BD has this payment method for those who only prefer to pay through bkash, but in this method because buyer do not carry any receipt of payment. So for buyer’s protection, Wholesale BD do not prefer this method.
Buyers from overseas can send money transfer online to Wholesale BD and send the cash receipt to mail. They will transfer money to a bank account or for cash pickup.