Please provide some suggestion, thanks!
Quoting from [Grace Tung]:
which is the most popular payment terms in the international trade? L/C? T/T? or any other payment terms?
Please provide some suggestion, thanks!
Grace, I would say there is no 1 more popular than the other until after you have established a trust between buyer and seller. I can only speak for the buyer's that I represent. But once a supplier has produced, excellent quality, timely delivery and at a fair price most deals are done via 30% TT in advance and 70%TT upon receipt of clean B/L. Our buyers determine at what intervals inspections are done after the initial confidence exists between supplier and buyer. New suppliers for our buyers is via L/C.
Best regards,
Ranger
Me Tech Supply
ME Tech Supply a D. B. A provides sourcing solutions for both small and medium sized businesses. We are members of the GSAA whose Agents have verified more than 2. 5 million companies World WideWe offer low cos...
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