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Payment Options for Small Export Companies Just starting
Post 1 of 5
Hello all good members of the Ali Forum.

Please could someone help on the best method of organising payment with interested buyers of my product, particularly when my pricing is FOB . What is the best way to organise payment so I am not being cheated by the buyer and also when my payment options are limited to T/T and Western Union. Should anyone be exporting on FOB pricing arrangements, I would love to hear from you.
I am naive and new to the business and particularly with online trading ( though already I am getting excited by the market venue through Alibaba...thanks Ali!!!)

Thanks,

Wester
Award 10 MVPs ( What's this? )for the best answer.
22 Jan 2008 03:43
Post 2 of 5
Replying to [Wester]:

T/T is ok for many suppliers and buyers, but if the buyer has a problem or don't want to pay the balance of the goods, you are in a bad situation. So L/C must be your best option, it's good for both parties [em1]
22 Jan 2008 03:59
Post 3 of 5
Quoting from [Wester]:


Hello all good members of the Ali Forum.


Please could someone help on the best method of organising payment with interested buyers of my product, particularly when my pricing is FOB . What is the best way to organise payment so I am not being cheated by the buyer and also when my payment options are limited to T/T and Western Union. Should anyone be exporting on FOB pricing arrangements, I would love to hear from you.

I am naive and new to the business and particularly with online trading ( though already I am getting excited by the market venue through Alibaba...thanks Ali!!!)


Thanks,


Wester



Wester,

If you are growing Organic crops as your signature suggests, there is a good market in Australia and probably new Zealand for you.

You will need to be certified by your govenment about this.

http://www.pngonline.gov.pg/government/entry.nsf

that is the entry to the govenment website. You will need to talk with (probably) both the Dept of Agriculture and also there should be a department to hlp exporters as well. Not sure what major department that is.... Also if you are on Bougainville there is a specific department for them I think.

Ask them for as much help as possible. there are some very good people trying to help small business people in PNG so make the most use of them you can!

They may also be able to help with contacts for buyers in both Aus and NZ too so ask as many govenment agencies as you can for help

Hope that gives you a starting point.... best of luck!

22 Jan 2008 17:45
Post 4 of 5
Replying to [Wester]:[em17]

please try www.paypal.com

this is a website for online payment ,

many buyer preffer paypal for payment .
27 Jan 2008 06:55
Post 5 of 5
Replying to [Wester]:L/C at site for the begining exporters.
06 Feb 2008 07:34
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