If I'm agent, I can got deal with my buyer and order product from me.  Then i tell to my supplier send products to my buyer and send document to bank for L/C.  So how i can know when my supplier receive money? and how i can get the commission from supplier.?

 

P.S I and my supplier have already got contact for commision. 

Thank you for answer me 

Quoting from [ake_l26]:

 If I'm agent, I can got deal with my buyer and order product from me.  Then i tell to my supplier send products to my buyer and send document to bank for L/C.  So how i can know when my supplier receive money? and how i can get the commission from supplier.?

 

P.S I and my supplier have already got contact for commision. 

Thank you for answer me 

By the numbers:

1. Negotiate with supplier for best price and shipping terms needed.
2. Figure your commission and ad that amount to the supplier's quote.
3. Have your buyer open a Transferable DLC with you named as first beneficiary.
4. Transfer that portion of the credit to your buyer
5. Buyer ships goods and presents documents and a draft for negotiated price
6. Buyers bank recieves documents and drafts.
7. Upon negotiation issuing bank sends payment to your bank for your commission and the remaining portion to your suppliers bank.

This is a simplicated example of the process.  You should do some research on Triangle Trade.  This is the safest way to insure that you recieve your commission.

Ranger

Quoting from [ake_l26]:

 If I'm agent, I can got deal with my buyer and order product from me.  Then i tell to my supplier send products to my buyer and send document to bank for L/C.  So how i can know when my supplier receive money? and how i can get the commission from supplier.?

 

P.S I and my supplier have already got contact for commision. 

Thank you for answer me 

The only way is in the initial stage of giving order to the supplier, you should make an agreement with Buyer itself that the Buyer should intimate the Agent, ie., you about the details of payment as you are the one who are going to act for the wellness of  both Buyer and  the supplier and your part is very vital here.  By believing you, Buyer is going to place his order with supplier, in the meantime, the supplier is also taking risk of his goods, believing you, going to supply the goods to the Buyer. Hence it is the part of both Buyer and Supplier to inform you about the payment part paid and received. Regards/G.KRISHNAN

Quoting from [ake_l26]:

 If I'm agent, I can got deal with my buyer and order product from me.  Then i tell to my supplier send products to my buyer and send document to bank for L/C.  So how i can know when my supplier receive money? and how i can get the commission from supplier.?

Dear Ranger,

I have some reservations on points 5 to 7.

Why not register a company by yourself !Then you can do business by your own company ,there is less trouble from supplier .

Quoting from [ake_l26]:

 If I'm agent, I can got deal with my buyer and order product from me.  Then i tell to my supplier send products to my buyer and send document to bank for L/C.  So how i can know when my supplier receive money? and how i can get the commission from supplier.?

 

P.S I and my supplier have already got contact for commision. 

Thank you for answer me 

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You made best answered by Ranger.

Ask for a copy of the payment proof (SWIFT copy, bank recipe etc.) from your buyer, when he pays.


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Quoting from [ake_l26]:

 If I'm agent, I can got deal with my buyer and order product from me.  Then i tell to my supplier send products to my buyer and send document to bank for L/C.  So how i can know when my supplier receive money? and how i can get the commission from supplier.?

 

P.S I and my supplier have already got contact for commision. 

Thank you for answer me 

I assume that you are the seller, deal directly with the buyer, where the manufacturer is the direct beneficiary in the LC, right?

In this case, you are the one communicating with the buyer and you can ask for LC copy from him. Accordingly you can ask your manufacturer for BL copy. At least, you must know when the * in the LC and check accordingly with your manufacturer/supplier.

It's not hard, if you well communicate with your supplier and if you are useful for him, he will pay for sure.

You can sign the commission agreement with your supplier though.