Well-done!
As someone who is totally new to the international business scheme, this article is of invaluable help and educational to say the least! I learn more everyday thanks to Alibaba.com and the great folks who are its members. Thanks alot.
Louis Greer...T&L Thai Products
Thumbs up with this article, especially with a beginner like me. i learned a lot! now i know what to do..thanks...
Quoting from [Safe Trading Admin]:Exporters expecting to be paid under a letter of credit (referred to in this article as "LC" or "Credit") may be sadly disappointed. Although an LC is considered one of the most secure means of obtaining prompt payment for sale of goods, clients who are exporting should be made to understand that they can never totally control the ...
Valuable informations even for those are experts on the subject.
Is very easy to forget small details and regret after ...
Very good article!
Regards to all,
Pedro G. Jaber Montini
Pethra Trade & Mining Corp.
Panama | Brazil
Great Article.
But I would like to inquire how to rely on LC's in the present times, where the liquidity crunch is a major concern, banks are getting bankrupt and credit agencies rating are found to be of no meaning.
How can we trust to work with the LC since most of the major banks around the globe are going bankrupt or on verge of filing the bankruptcy.
Theres no material safety in working with LC. Even getting confirmation added to the LC's may not serve any purpose, since the LC Confirming banks may not be safe as well.
Please advice.
A internet investigate company
In on-line trade, you are only requested pays first then to obtain the cargo, but too many swindlers on-line, they will use every good condition to tempt you, the price is such appealing.
Therefore you had agreed purchases several products to try, and paid money. But afer 10 days your t received notthing . You were swindled. .
but B2BFBI, he may avoid your loss! www.b2bfbi.com In on-line trade too many scammer supplier , www.b2bfbi.com , he can help u
A internet investigate company
In on-line trade, you are only requested pays first then to obtain the cargo, but too many swindlers on-line, they will use every good condition to tempt you, the price is such appealing.
Therefore you had agreed purchases several products to try, and paid money. But afer 10 days your t received notthing . You were swindled. .
but B2BFBI, he may avoid your loss! www.b2bfbi.com In on-line trade too many scammer supplier , www.b2bfbi.com , he can help u
Quoting from [Safe Trading Admin]:CONCLUSION
Clients should understand that in working with LC's, it is most important to get good advice from the outset, to learn the rules of the game, and to proceed with great care. Once mistakes have been made, too often they are irreparable and costly.
It's very nice to reading this article. It's make me remember my Mojor.Nowaday even a Farmer can do the export .Just because of the Fuc*ing T|T.
Very good article for exporters. Hope to see more such articles coming.