MFPA or Pay Order to protect your commission!
Post 12 of 96
Replying to [iulianap]:Pay order is a system in which we can get payment immediately but still it has problems that if the seller after releasing the material complaints of loss of pay order immediately than the transaction can be stopped. I have experienced this problem the buyer after buying the maerial against pay order simultaneously complained of misplacement of Pay order & requested for stop payment.In course of time My pay order could not be encashed.
SO let it be MFPA or PAy order if mind is clear you get money.
SO let it be MFPA or PAy order if mind is clear you get money.
17 Dec 2006 04:46
Post 13 of 96
Replying to [swamypr]: Do you have a sample copy of an MFPA?
14 Jan 2007 12:14
Post 14 of 96
Replying to [iulianap]:
An irrevocable pay order is more protective for your commission. Because here the bank certifies and assures your payment. That is why it is more secure than any other method.
An irrevocable pay order is more protective for your commission. Because here the bank certifies and assures your payment. That is why it is more secure than any other method.
24 Mar 2007 09:43
Post 15 of 96
Replying to [Bhaiji]: Hello you should insist for An irrevocable Pay Order.
24 Mar 2007 09:47
Post 16 of 96
Replying to [Gwen]: Yes I have it. If you want then please contact my email id: *Contact via Trade Manager* I will be pleased to send you a copy of MFPA for your use.
24 Mar 2007 09:50
Post 17 of 96
Replying to [swamypr]: I am a bit confused. Is MFPA or Pay Order only feasible when the transact is in term of L/C ? What about deal with other terms of payment? e.g. T/T ?
08 Apr 2007 19:23
Post 18 of 96
Replying to [swamypr]:
Your interpretation about MFPA was quite helpful and would you mind send us the draft or form of MFPA by return?
Best regards/.
Your interpretation about MFPA was quite helpful and would you mind send us the draft or form of MFPA by return?
Best regards/.
13 Apr 2007 22:51
Post 19 of 96
Replying to [swamypr]:Dear
can you please let me know what to do next to secure my commission?
I have a signed and sealed IMFPA agreement from the seller together with an NDNC, the LC is not opened yet, and i am not sure how to get the seller to endorse the IMFPA from his bank to convert it to a pay order?
as you are aware the seller may or may not instruct his bank to endorse, how can i oblige him to do so?
With thanks in advance
Jonathan
can you please let me know what to do next to secure my commission?
I have a signed and sealed IMFPA agreement from the seller together with an NDNC, the LC is not opened yet, and i am not sure how to get the seller to endorse the IMFPA from his bank to convert it to a pay order?
as you are aware the seller may or may not instruct his bank to endorse, how can i oblige him to do so?
With thanks in advance
Jonathan
06 May 2007 19:14
Post 20 of 96
Replying to [iulianap]: Can you be kind and send me a draft of MFPA form
Thank you
Ben
Thank you
Ben
09 May 2007 08:24
Post 21 of 96
Replying to [swamypr]: Do you have a draft of a MFPA available?
10 May 2007 13:59