I think most of the respondents are missing my point.

Some have said the buyer is correct.

Most have written that the bank cut their charges.

But, what i wanted to know was if my payment terms are:All telegraphic transfer charges at buyer's account,does not it mean that that the buyer has to pay all transfer charges including that of intermediary.

For the record,my home bank does not cut charges for inward remittances.

Some have written that I should include it my price.

Wouldn't that be arbitrary .?

Both the banks will take there commission. May be 25 us$ has been deducted as there commission by the china bank

 

 

 

Quoting from [KZAR]:

Sir,

I sent material to Australia under terms:Payment 100% in advance by telegraphic transfer.And All telegraphic transfer charges on buyers account.

I received $ 25 short payment.My client says he paid transfer charges to his bank .And the intermediary bank cut $ 25.

So,as per my terms is he not liable to pay the $ 25 deducted by the intermediary bank.

And if not who is liable to pay the amount.


Thanks and Regards

Quoting from [KZAR]:

Sir,

I sent material to Australia under terms:Payment 100% in advance by telegraphic transfer.And All telegraphic transfer charges on buyers account.

I received $ 25 short payment.My client says he paid transfer charges to his bank .And the intermediary bank cut $ 25.

So,as per my terms is he not liable to pay the $ 25 deducted by the intermediary bank.

And if not who is liable to pay the amount.


Thanks and Regards

Quoting from [KZAR]:

Sir,

I sent material to Australia under terms:Payment 100% in advance by telegraphic transfer.And All telegraphic transfer charges on buyers account.

I received $ 25 short payment.My client says he paid transfer charges to his bank .And the intermediary bank cut $ 25.

So,as per my terms is he not liable to pay the $ 25 deducted by the intermediary bank.

And if not who is liable to pay the amount.


Thanks and Regards

I Usually  tell my  client to add about $30.00  for  T/T  otherwise my order is short delivered .I cant expect him to pay I  can work that in to my selling price  

You are very lucky that the intermediary bank ( that is 99% always an American bank) stoled from the transfer only 25$.
Unforcenently you can't do anything . Even if on the next order you charge 25$ more you''ll be not sure that you 'll receive the total amount.
The intermadiary American bank can even take 50 or more $ from thre transfer even if the customer pays the charges in his bank.

Quoting from [KZAR]:

Sir,

I sent material to Australia under terms:Payment 100% in advance by telegraphic transfer.And All telegraphic transfer charges on buyers account.

I received $ 25 short payment.My client says he paid transfer charges to his bank .And the intermediary bank cut $ 25.

So,as per my terms is he not liable to pay the $ 25 deducted by the intermediary bank.

And if not who is liable to pay the amount.


Thanks and Regards

Quoting from [neuronic]:


You are very lucky that the intermediary bank ( that is 99% always an American bank) stoled from the transfer only 25$.

Unforcenently you can't do anything . Even if on the next order you charge 25$ more you''ll be not sure that you 'll receive the total amount.

The intermadiary American bank can even take 50 or more $ from thre transfer even if the customer pays the charges in his bank.

Quoting from [KZAR]:

Sir,

I sent material to Australia under terms:Payment 100% in advance by telegraphic transfer.And All telegraphic transfer charges on buyers account.

I received $ 25 short payment.My client says he paid transfer charges to his bank .And the intermediary bank cut $ 25.

So,as per my terms is he not liable to pay the $ 25 deducted by the intermediary bank.


And if not who is liable to pay the amount.



Thanks and Regards

Whenever you walk into a shop and pay by Visa credit card, then the shop only get 96% of the price you pay.

To allow you extra international purchase orders, you have to accept your part of the charges, to allow the customer the most convienent way to buy off you, or reject the extra orders, if its unviable.

Its a cruel world!

Friends, this seems to be most common situation in export transactions these days. Upon looking into such much depth, we could discover that, such shortfalls occur due to insufficient instructions by the Buyer to its Banker. If you request your buyer to provide you with a copy of Wire (T.T./Swift) Transfer message, you will discover that, at # 71A : it is instructed as "BEN" . This suggests that, the Buyer has knowing/un-knowingly advised its banker to charge all costs to the Beneficiary i.e., the Seller. A correct message for this would be "#71A : SHA".

We normally, inform our customers for such shortfalls, and request them to adjust the same in future transactions. Professional Customers, accept our requests promptly, however sometimes we have to bear these costs for some of the more smarter or novice customers!

Good Luck !

the extra paiment from your banck and His bank It normal As charg SERVICE

thank you.

it verry simpl, my Dear In Your Pi ( Proforma Invioce You Send It To Your coustumurs) you sould Mention Celul as Below

price Global/ Other Charger Banck : !!??

Hhen you do PI you do also doawn your charg If your coustumur He accpet It ok for All amount He will send To You plus charg banck from your bank .

And You recive this +25$ in your acount as transfert.

Not: You shold Ask Your banck How Muhc For This Global Amount He tak as Charg and You Add it in this Celul.

Remarque: The Bank Do Service For transfert And as you Tak Margin In Your Goods the Banck Should Do charg also for Her service.

best regards.

i send You responce Correct. my dear.

you should menstion one Mor celul In Your PI as Charge banck, and you add this charg from back after you ask Your banck how Much It should TAX you. charge you.

thank u .

saber_boukari@hotmail.com

www.servomatique.ae

tx