PayPal, is not the same in all countries. We have had several discussions on it and there are pro's and Con's to it. It was never designed to be a vehicle for large trade deals. It was merely offered up for buyers and sellers who do their deals on Ebay.
This my own opinnion and IM looking for others to comment as well. The best payment is an L/C it protects both the buyer and the seller provided you understand the terms of the L/C. If you have good trust with the manufacturer the 30% down with remainder paid FOB or CFR is good. This insures that your products have been loaded and have been cleared for export. First time buyers may want to add a product inspection service report be completed also.
If you are buying from a supplier or trading company there is no reason to pay 30% down as you need no good faith payment as the supplier should have the stock on hand and will be paid when the terms have been complied with.
If you are going to insure your load it is best to purchase that in your own country. You may well be able to get it cheaper in the country of origin but, if you need to collect damages you may have some difficulties in collecting them. If you are an infrequent buyer you might buy the insurance per shipment. If your are importing on a more regular basis you may want to take out a larger policy that you pay per year. Most insurance policys such as Lloyds will insure the loads for around 2% of the retail value of the goods. Other may offer it as low as 1.5% of cost + shipping. Just make sure you read the fine print as well.
Custom's Import - this is different for every country and I can not speak to any accept the U.S. When you order products from suppliers you must make sure that you are compliant to the laws. The documents needed for entry are:
A bill of lading, airway bill, or carrier's certificate,
A commercial invoice obtained from the seller,
Entry manifest or Entry/Immediate Delivery,
Having a clean B/L and Certificate of Origin will help speed the process along. For first time importers and infrequent importers, I suggest that you hire a customs broker that can answer all your questions and estimate your duties, tax and or including the ADCVD that may be added. If your not picking your goods up at the port of destination and have not secured your own freight forwarding your broker can also help with this.
This is not all inclusive as there are several ways including inland ports of entry and what is called transportation of merchandise in bond.
IM looking for some good responses from other members on all the points I have covered. Lets just all be business professionals in our responses. As well Im looking for responses from importers in other countries. Exporter's, Manufactuers, Suppliers please jump in as well.