Respected all,
I am here to ask a help in my business ...
I have a chinese buyer who gonna buy PET waste from me ..
payment terms are 30% advance T/T and 70% upon faxing the docs.
problem is .... Buyer and consignee names are not same, means one company will pay me but the goods will go to another company.
buyer is from yiwu but he wanna these goods in Fujian....
is there any risk in this?
please post your valuable comments on it ...
Serve you Honestly.
Usman
SAEED AND SONS INTERNATIONAL
Saeed & Sons Internatioanl is multinational Group mainly manufacturing building materials, offering Cement Clinker, Acoustics / Heat Insulation materials Expandable Polystrene (EPS) , minerals, etc, focusing on q...
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Quoting from [snsint]:Respected all,
I am here to ask a help in my business ...
I have a chinese buyer who gonna buy PET waste from me ..
payment terms are 30% advance T/T and 70% upon faxing the docs.
problem is .... Buyer and consignee names are not same, means one company will pay me but the goods will go to another company.
buyer is from yiwu but he wanna these goods in Fujian....
is there any risk in this?
please post your valuable comments on it ...
Serve you Honestly.
Usman
Quoting from [snsint]:Respected all,
I am here to ask a help in my business ...
I have a chinese buyer who gonna buy PET waste from me ..
payment terms are 30% advance T/T and 70% upon faxing the docs.
problem is .... Buyer and consignee names are not same, means one company will pay me but the goods will go to another company.
buyer is from yiwu but he wanna these goods in Fujian....
is there any risk in this?
please post your valuable comments on it ...
Serve you Honestly.
Usman
US MAN,
I THINK IT IS RESEASONABLE, IF I AM BUYER, AND I AM ONLY TRADER, NOT THE USER, THE CONSIGNEE WILL BE TRUE USER, INORDER TO SAVE OTHER CHARGE, YOU SHOUDE MAKE DOCUMENTS IN THIRD PARTY. NOW BUSINESS IS DIFFICULT, WE HAVE TO SAVE EXTRA CHARGE.
HOPE YOU WILL UNDERSTAND.
DAVID
.problem is .... Buyer and consignee names are not same, means one company will pay me but the goods will go to another company.
From what i can see there shouldnt be much problem. You got all your money and it's no risk at all. They have different names might due to he wants you to ship the goods directly to his customer instead.
Please do not assume what he is thinking.If you are confuse it might be good if you ask him why the consignee names are not the same for a peace of mind.
regards
Tom Law
Quoting from [snsint]:Respected all,
I am here to ask a help in my business ...
I have a chinese buyer who gonna buy PET waste from me ..
payment terms are 30% advance T/T and 70% upon faxing the docs.
problem is .... Buyer and consignee names are not same, means one company will pay me but the goods will go to another company.
buyer is from yiwu but he wanna these goods in Fujian....
is there any risk in this?
please post your valuable comments on it ...
Serve you Honestly.
Usman
It is ok. There are many companies dont have import licence. They must ask an agent to do it. Or the other company must be his client. That is to say it is the end cusumer of products.
It will be no problem to trust a company since payment will be made by T.T.
Quoting from [AllahJohn]:Quoting from [snsint]:Respected all,
I am here to ask a help in my business ...
I have a chinese buyer who gonna buy PET waste from me ..
payment terms are 30% advance T/T and 70% upon faxing the docs.
problem is .... Buyer and consignee names are not same, means one company will pay me but the goods will go to another company.
buyer is from yiwu but he wanna these goods in Fujian....
is there any risk in this?
please post your valuable comments on it ...
Serve you Honestly.
Usman
It is ok. There are many companies dont have import licence. They must ask an agent to do it. Or the other company must be his client. That is to say it is the end cusumer of products.It will be no problem to trust a company since payment will be made by T.T.
Quoting from [snsint]:Respected all,
I am here to ask a help in my business ...
I have a chinese buyer who gonna buy PET waste from me ..
payment terms are 30% advance T/T and 70% upon faxing the docs.
problem is .... Buyer and consignee names are not same, means one company will pay me but the goods will go to another company.
buyer is from yiwu but he wanna these goods in Fujian....
is there any risk in this?
please post your valuable comments on it ...
Serve you Honestly.
Usman