2 25
Safest Payment Term
Post 1 of 56
rkl
offline
No Company Website yet
Overall Ranking MVP:245 Rank:948
What is the safest payment term in business??

A payment term that will protect the BUYER.

Award 10 MVPs ( What's this? )for the best answer.
07 May 2008 06:37
Post 2 of 56
Quoting from [rkl]:


What is the safest payment term in business??

A payment term that will protect the BUYER.



I think, L/C is the safest payment term.
08 May 2008 19:13
Post 3 of 56
Quoting from [rkl]:


What is the safest payment term in business??

A payment term that will protect the BUYER.



 A Letter of Credit.  To wit:  A bank instrument wherein you put-up the money equivalent to the value of the deal and set the terms in the L/C.  When those conditions are met the bank will release the funds.  It costs, but is the safest way to go.
09 May 2008 18:13
Post 4 of 56
napoleon huang
offline
No Company Website yet
Overall Ranking MVP:63 Rank:74,284

Oh,I know nothing about how to pay .the buyer just pay by western union

Quoting from [rkl]:


What is the safest payment term in business??

A payment term that will protect the BUYER.


10 May 2008 05:03
Post 5 of 56
johnnyparmo
offline
No Company Website yet
Overall Ranking MVP:54 Rank:106,900
Quoting from [rkl]:


What is the safest payment term in business??

A payment term that will protect the BUYER.



hi every one im from peru and i have a cuestion i hope some one can to help me . i making business with "cnkingpower" company so they sent me a invoice proforma to make a transfer money by wester union, is that a safest payment? and do u know if that company is safe?. thanks
10 May 2008 12:38
Post 6 of 56
Quoting from [rkl]:


What is the safest payment term in business??

A payment term that will protect the BUYER.



The best way to protect the buyer : T/T against receipt the copy of B/L by fax 
11 May 2008 00:05
Post 7 of 56
Answer to :   johnnyparmo [PE]



First , WESTERN UNION is the unsafest payment if the receiver is not a friend or a family member !


Second if you mean this : http://cnkingpower.en.alibaba.com


forget your deal, it is well known CHINESE PUTIAN SCAMMER !


Wilhelm
11 May 2008 01:48
Post 8 of 56
Quoting from [rkl]:


What is the safest payment term in business??

A payment term that will protect the BUYER.



western union is the safest way to trade
11 May 2008 02:31
Post 9 of 56
cool_uae
offline
No Company Website yet
Overall Ranking MVP:54 Rank:106,904
Quoting from [rkl]:


What is the safest payment term in business??

A payment term that will protect the BUYER.



In my opinion .. there is no safe way because if i will buy a new stuff and i dont know the buyer i will not be sure that this person will send me the stuff .. so i suggest that if alibaba creat an apayment  trust point .. in this way i will be trust that i can buy or sell for the person in other side of the world
11 May 2008 03:51
Post 10 of 56
jintai_008
offline
No Company Website yet
Overall Ranking MVP:52 Rank:128,842

my dear ,if you are seller, you want to choose this payment way??

11 May 2008 18:30
Post 11 of 56
Quoting from [rkl]:



What is the safest payment term in business??

A payment term that will protect the BUYER.




How do I trade.I have never done this before.Please tell me more about how to do this.
11 May 2008 20:34
Email this page Bookmark this page