Hello, everyone

Good day. I want you to give me some advice about the payment term. We are a middle-scale  handbag manufactory,about 600workers. But I come here for only serval weeks. What make me confused is that my new company only accept TT(30% deposit, balance before delivery) when do business with customer.

Is it a big obstacle when potential buyer to do business with me?

Quoting from [paullorella2008]:

Hello, everyone

Good day. I want you to give me some advice about the payment term. We are a middle-scale  handbag manufactory,about 600workers. But I come here for only serval weeks. What make me confused is that my new company only accept TT(30% deposit, balance before delivery) when do business with customer.

Is it a big obstacle when potential buyer to do business with me?

Small amounts payment: T/T ; PayPal

Big amounts:L/C

Quoting from [paullorella2008]:

Hello, everyone

Good day. I want you to give me some advice about the payment term. We are a middle-scale  handbag manufactory,about 600workers. But I come here for only serval weeks. What make me confused is that my new company only accept TT(30% deposit, balance before delivery) when do business with customer.

Is it a big obstacle when potential buyer to do business with me?

TT / LC.. as for the potion, it depends on your negotiation, different co's had different payment terms.

Quoting from [gino0022]:

Quoting from [paullorella2008]:

Hello, everyone

Good day. I want you to give me some advice about the payment term. We are a middle-scale  handbag manufactory,about 600workers. But I come here for only serval weeks. What make me confused is that my new company only accept TT(30% deposit, balance before delivery) when do business with customer.

Is it a big obstacle when potential buyer to do business with me?

TT / LC.. as for the potion, it depends on your negotiation, different co's had different payment terms.

Dear,

There are different type payment which depends upon the material, and vaule.

Normally to satif the custome and safe side Pyament can be effected as follows;:

1. T/T or Bank Draft, Upon receipt of the goods or shippping invoice for small amount

2. L/C at sight for bigger amount

3. Oneof the most safe side for customet CAD (Cash against Documents) where both part can be safe side.

For any kind of payment condition: I may able to reply just contact Email: mfriasat@yahoo.com

Quoting from [mohdriasat]:

Quoting from [gino0022]:

Quoting from [paullorella2008]:

Hello, everyone

Good day. I want you to give me some advice about the payment term. We are a middle-scale  handbag manufactory,about 600workers. But I come here for only serval weeks. What make me confused is that my new company only accept TT(30% deposit, balance before delivery) when do business with customer.

Is it a big obstacle when potential buyer to do business with me?

TT / LC.. as for the potion, it depends on your negotiation, different co's had different payment terms.

Dear,

There are different type payment which depends upon the material, and vaule.

Normally to satif the custome and safe side Pyament can be effected as follows;:

1. T/T or Bank Draft, Upon receipt of the goods or shippping invoice for small amount

2. L/C at sight for bigger amount

3. Oneof the most safe side for customet CAD (Cash against Documents) where both part can be safe side.

For any kind of payment condition: I may able to reply just contact Email: mfriasat@yahoo.com

There has to be a safe way to do trade with Chine that is safe for small purchase as well as larg purchases. Asit stands now, China dealers have onlt Western Unionfor payment, this protects them but leaves the rest of the trading world with no protection from fraud, and there is a lot from China. What is the answer?

Quoting from [paullorella2008]:

Hello, everyone

Good day. I want you to give me some advice about the payment term. We are a middle-scale  handbag manufactory,about 600workers. But I come here for only serval weeks. What make me confused is that my new company only accept TT(30% deposit, balance before delivery) when do business with customer.

Is it a big obstacle when potential buyer to do business with me?

Most of sellers like to use T/T, because that is good for them, they do not need to stand any risks. Like my factory, we usually also just accept T/T. If using L/C, it is not easy, and it costs too much, the procedure is not easy, if you make some mistakes when you make L/C, you maybe can not get the money from the bank, so if the company does not have skilled and experienced trade worker, the company usually does not want to accept L/C terms. But, if you can accpet L/C, i am sure you can get much more business chances. Because most of buyers, especially big customers, they usually like to use L/C.