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can u tell me about BCL & LOI & NCND WHAT IS THE MEANING ?
Post 1 of 8
sandyh2o
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I M NEW IN IMPORT & EXPORT BUSINESS , CAN U HELP ME OUT ? I M WAITING FOR SOMEONE WHO CAN TELL ME REAL MEANING OF THESE THINGS
Award 10 MVPs ( What's this? )for the best answer.
15 Mar 2008 23:19
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Post 2 of 8
Ranger
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Overall Ranking MVP:25,095 Rank:12
Replying to [sandyh2o]:

Google these things:

BCL = Bank Comfort Letter
LOI = Letter of Intent
NCND = Non-circumvention Non-disclosure

These are widely discussed in the Payment and Finance forums on Alibaba as well as thousands of other places on the internet.

Ranger
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16 Mar 2008 23:22
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Post 3 of 8
Vijay Corporation
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Replying to [sandyh2o]:You see previous topics which are related to your question
17 Mar 2008 02:18
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Post 4 of 8
oldie
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Replying to [sandyh2o]:For import/export business, please visit this useful site: http://www.export911.com
19 Mar 2008 04:11
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Post 5 of 8
dessi
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These are worthless titles invented by internet cowboy traders and are worthless. They have no place in the REAL world of International Trading. Keep well away from any entity who asks for these.
19 Mar 2008 07:15
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Post 6 of 8
angelvalentine104
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Quoting from [sandyh2o]:


I M NEW IN IMPORT & EXPORT BUSINESS , CAN U HELP ME OUT ? I M WAITING FOR SOMEONE WHO CAN TELL ME REAL MEANING OF THESE THINGS



Dear sir,

This is dora from TD Fortune,a chinese consulting company bases in shanghai.

In the terms of your words, you may come accross some problem about your business, especially about your partners' credibility and reputation.

our company may coordinate with you in partner search and evaluation.

From the research paper we provide, you may obtain so many details about your partner before the cooperation

If there is anything that we can do for you, please just list your requires.and hope we may give you one hand.

Here follows my contact info:

Email:dora@tdfortune.net

website:www.tdfortune.net

phone:86 21 64395916

14 May 2008 00:03
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Post 7 of 8
fchakrouni
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Quoting from [sandyh2o]:


I M NEW IN IMPORT & EXPORT BUSINESS , CAN U HELP ME OUT ? I M WAITING FOR SOMEONE WHO CAN TELL ME REAL MEANING OF THESE THINGS

31 Oct 2008 15:40
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Post 8 of 8
EnglishRyan
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Quoting from [sandyh2o]:


I M NEW IN IMPORT & EXPORT BUSINESS , CAN U HELP ME OUT ? I M WAITING FOR SOMEONE WHO CAN TELL ME REAL MEANING OF THESE THINGS


Hi Dessi,


Can you please elaborate?  Why is an LOI worthless?  I have a supplier also asking for this.


Have you had bad experiences with LOI employing companies before?


Thanks


Ryan
04 Nov 2008 00:24
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