A payment term that will protect the BUYER.
Quoting from [rkl]:
What is the safest payment term in business??
A payment term that will protect the BUYER.
The safest payment would be with escrow.com. Westernunion, Moneygram, ETC is a joke. It is almost impossible to find anyone taking visa/matercard, why because the purchase can be reversed if you do not receive your products. Paypal does not protect USA buyers from overseas transactions. Learned that one the hard way. Telegraphic Transfers (which all sellers want you to use) is another way of having no trace to who or where your money went. I suggest doing a major search on whoever you are buying from. Search their company name on this site in the forums, Goggle them also. Make sure the contact person you are talking to is actualy related to the company you wish to deal with. Do not make a huge dollar amount first purchase, send only what will not kill you if you lose it. The sellers themselves are affraid of being ripped off also with escrow payments, many of them just dont understand how it works. If you are looking to buy electronics, 99.9 are all replicas. Their cell phones will not work in usa. If it seems too good to be true of a deal, stay away. There are some honest sellers out there but there are more looking to scam you. You will in no way be able to recover your money, They have every detail to scamming you figured out. They are able to accept western union payment using a false receivers name. It is insane what they can do in China & Hong Kong without being caught. Hope this helps out and good luck.
Quoting from [rkl]:
What is the safest payment term in business??
A payment term that will protect the BUYER.
L/C is good .
Quoting from [rkl]:
What is the safest payment term in business??
A payment term that will protect the BUYER.
Quoting from [rkl]:
What is the safest payment term in business??
A payment term that will protect the BUYER.
Dear sir,as I know,D/P at sight maybe the safetest payment term.
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Quoting from [rkl]:
What is the safest payment term in business??
A payment term that will protect the BUYER.
please contact me : sunnyco_23@163.com
Quoting from [rkl]:
What is the safest payment term in business??
A payment term that will protect the BUYER.
contact me: fifa_1984@tom.com
Quoting from [rkl]:
What is the safest payment term in business??
A payment term that will protect the BUYER.
It would really depend on the product that you are purchasing and the quantity. For smaller purchases I would suggest a reputable escrow service. If this is a large quantity them perhaps an L/C would be a better option. You should still do your due diligence and have the supplier checked out by an inspection company. With out doing your D/D you can still get burned using any payment method. Good Luck.
Quoting from [rkl]:
What is the safest payment term in business??
A payment term that will protect the BUYER.
Thats easy. CASH AFTER DELIVERY. That will protect buyer in 100%. After courpier arrives with package you can check what is inside and if everything is OK you pay cash to courier and he deliveres cash to seller.
Quoting from [rkl]:
What is the safest payment term in business??
A payment term that will protect the BUYER.
E BEST ANSWER
Quoting from [rkl]:
What is the safest payment term in business??
A payment term that will protect the BUYER.
I think the most saftest way for buyer is DA but not *. without doubt, * at sight is quite safe for buyer,but for seller? i am sure it unacceptable for most sellers in their first time cooperation.
LC or TT are the most normal way for foreign trade.
for LC,we need to fouce on the risk / discrepance shown in the terms.
for TT,make deposits for sellers after you they show you BL or other documents.