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payment term
Post 1 of 3

I see often that sellers or contacts to sellers ask for a : fully funded L/C

This is un unknown payment term.

It does not exist in international trade.

Once you see anything like this mentioned then be aware, and ask what exactly is meant, often you will not hear from them again.

 

 

 

01 Jul 2008 07:21
Post 2 of 3
Adamsmith
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Quoting from [bavaria]:

I see often that sellers or contacts to sellers ask for a : fully funded L/C

This is un unknown payment term.

It does not exist in international trade.

Once you see anything like this mentioned then be aware, and ask what exactly is meant, often you will not hear from them again.

 

 

 



   ok , thank you for your attention .

  

 

14 Jul 2008 23:16
Post 3 of 3
Quoting from [bavaria]:

I see often that sellers or contacts to sellers ask for a : fully funded L/C

This is un unknown payment term.

It does not exist in international trade.

Once you see anything like this mentioned then be aware, and ask what exactly is meant, often you will not hear from them again.

 

 

 



Yes, you are right, I have never heard of this term too.
21 Jul 2008 07:55
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