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What payment term does Chinese suppliers mostly like for the first order
Post 1 of 62
bolexcutlery
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23 Dec 2008 17:18
Post 2 of 62

Quoting from [bolexcutlery]:

It depends. Business goes based on trust each other, especially for electronic trade all over the world.Say about sample order, it is the first step of business, as well as for the trust- built. And it will be asked for 100% T/T in advanced. As a trial order, usually, suppliers will ask 30% or 50% as for their policy , but you also can make discuss on a 40%, 35%, 25% 15% ...etc, but not too low in a deposit, you know, suppliers/factory do have to make budget in material or stock, etc. So they need some money for pre-production. The most important is that they would like to know you are a real buyer or not. If trust is made, they even can arrange goods for you only according to your oral words.

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04 Jan 2009 19:45
Post 3 of 62
Quoting from [bolexcutlery]:


What payment term does Chinese suppliers mostly like for the first order. I know they like T/T term.Which amount should I pay for deposit if T/T payment there

Hot Topic Recommend

I have a Buyer, I found a seller, How can I make some money• Dealing with Chinese Suppliers • I want to remit to china!
• Finally found a legitimate company!• I don't know how to promote here!
• How to get the loan from bank?• business opportunites in India
• Why the customer only enquire?• Who protects the supplier interest?
• Shipping charges and options• Invoice price lower? what can i do?



usually 30% deposit and 70 % after B/L .

however you can trust some shipping company to handle the payment and shippment for you.

there are come  factories  fail to ship out after receiving the money  .

you need to be careful.

if you ahve an agent ,ask them for gurantee or check the merchandise and shippment is more safe.

 

04 Jan 2009 22:23
Post 4 of 62
Quoting from [bolexcutlery]:


What payment term does Chinese suppliers mostly like for the first order. I know they like T/T term.Which amount should I pay for deposit if T/T payment there

Hot Topic Recommend

I have a Buyer, I found a seller, How can I make some money• Dealing with Chinese Suppliers • I want to remit to china!
• Finally found a legitimate company!• I don't know how to promote here!
• How to get the loan from bank?• business opportunites in India
• Why the customer only enquire?• Who protects the supplier interest?
• Shipping charges and options• Invoice price lower? what can i do?


As to the payment,  i think 30% deposit and the balance T/T in advance is a good choice for the first order, while if the business goes on, then other kinds of payment can be negotiated
04 Jan 2009 23:13
Post 5 of 62

Normally 30% of your order amount if you deal on TT

05 Jan 2009 21:49
Post 6 of 62
xckanglide
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Quoting from [meritautomotive]:

Quoting from [bolexcutlery]:



What payment term does Chinese suppliers mostly like for the first order. I know they like T/T term.Which amount should I pay for deposit if T/T payment there

Hot Topic Recomme




It depends on yours and suppler's contract.
T/T
06 Jan 2009 03:13
Post 7 of 62
mitchl
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Quoting from [YangGuo]:


 As a BUYER I prefer CASH ON DELIVERY, i fly over if the order is LARGE and check myself. If small order ask my chinese friend to buy the sample and send over. Nobody can be trusted in this UGLY world of business.



There is always RISK of:



1. Company disappear after receiving T/T


2. Some stories about not receiving your T/T when you already sent them payment.


3. Money NOT enough after receiving T/T payment.


4. False Tracking numbers


5. Item NOT in stock.


6. Send your complete different item or damaged item




I paide for 30 Wii's Bank Transfer and the stole my money now web site is gone[!!!!
06 Jan 2009 09:35
Post 8 of 62
Anrol
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The way I see it you best not do business with these chinse people on here because they are THIEVES!!!!!!!!!!!!!!!!!!!!!!

 

YOU WERE WARNED[em9]

06 Jan 2009 12:45
Post 9 of 62
beegrant usa
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BE CARFULY WITH ALL CHINESE.

 

SEARCH AT COMUNITY AND SEE HOW MANY GOLD MEMBERS ARE REPORTED THERE, THEY ARE CHEATERS. DON'T BELIEVE THEM WHEN TELL YOU " THEIR ACCOUNT WAS STOLE OR SOMETHING LIKE THAT "

 

WHY THEY USE WESTERN UNION INSTEAD WWW.PAYPAL.COM OR CASH ON DELIVERY?

WHY THEY DON'T USE WWW.ESCRO.COM 

DEAR SIR, THESE ALL CHINESE WISH JUST SCAMM, CHEAT PEOPLE NOT MAKE SERIOUSE BUSINESS.

FOR THE ALL CUSTOMERS, BUYERS " DON'T BELIEVE THEM. "

WHEN AN CHINESE ASK YOU BUY FROM IT, PUT HIM USE ONE FROM THESE TWO SERVICE WWW.PAYPAL.COM   OR   WWW.ESCROW.COM 

I WAS CHEAT BY A GOLD MEMBER. I CONTACT ALIBABA DEPARTMENT AND THEY TOLD " WHY I BELIEVE THEM? " THIS WAS THEIR ANSWER AT MY QUESTIONS.

ALIBABA TOLD US " CHINESE ARE ALL, BEST AND SERIOUSE AND LEGITIMATE BUSINESS MAN FROM HERE " BUT WHY THEY NOT TELL US " CHINESE ARE ALL MOST SCAMMERS "

I THINK THIS ACCOUNT OF MINE WILL BE CLOSE, AFTER I SAD THESE ALL TINGS OR MAY BE THIS MESSAGE WILL BE DELETE.

 

I HOPE SOME ONE FROM THE REST OF WORLD SEE MYWORDS.

DON'T HAVE TRUST IN CHINESE. THEY SEND YOU A REAL SAMPLE GOOD, AFTER THAT SEND YOU JUST COPIES

 

BE CARFULY

06 Jan 2009 14:07
Post 10 of 62
beegrant usa
offline
No Company Website yet
Overall Ranking MVP:350 Rank:595

BE CARFULY WITH ALL CHINESE.

 

SEARCH AT COMUNITY AND SEE HOW MANY GOLD MEMBERS ARE REPORTED THERE, THEY ARE CHEATERS. DON'T BELIEVE THEM WHEN TELL YOU " THEIR ACCOUNT WAS STOLE OR SOMETHING LIKE THAT "

 

WHY THEY USE WESTERN UNION INSTEAD WWW.PAYPAL.COM OR CASH ON DELIVERY?

WHY THEY DON'T USE WWW.ESCRO.COM 

DEAR SIR, THESE ALL CHINESE WISH JUST SCAMM, CHEAT PEOPLE NOT MAKE SERIOUSE BUSINESS.

FOR THE ALL CUSTOMERS, BUYERS " DON'T BELIEVE THEM. "

WHEN AN CHINESE ASK YOU BUY FROM IT, PUT HIM USE ONE FROM THESE TWO SERVICE WWW.PAYPAL.COM   OR   WWW.ESCROW.COM 

I WAS CHEAT BY A GOLD MEMBER. I CONTACT ALIBABA DEPARTMENT AND THEY TOLD " WHY I BELIEVE THEM? " THIS WAS THEIR ANSWER AT MY QUESTIONS.

ALIBABA TOLD US " CHINESE ARE ALL, BEST AND SERIOUSE AND LEGITIMATE BUSINESS MAN FROM HERE " BUT WHY THEY NOT TELL US " CHINESE ARE ALL MOST SCAMMERS "

I THINK THIS ACCOUNT OF MINE WILL BE CLOSE, AFTER I SAD THESE ALL TINGS OR MAY BE THIS MESSAGE WILL BE DELETE.

 

I HOPE SOME ONE FROM THE REST OF WORLD SEE MYWORDS.

DON'T HAVE TRUST IN CHINESE. THEY SEND YOU A REAL SAMPLE GOOD, AFTER THAT SEND YOU JUST COPIES

 

BE CARFULY

06 Jan 2009 14:11
Post 11 of 62
beegrant usa
offline
No Company Website yet
Overall Ranking MVP:350 Rank:595

BE CARFULY WITH ALL CHINESE.

 

SEARCH AT COMUNITY AND SEE HOW MANY GOLD MEMBERS ARE REPORTED THERE, THEY ARE CHEATERS. DON'T BELIEVE THEM WHEN TELL YOU " THEIR ACCOUNT WAS STOLE OR SOMETHING LIKE THAT "

 

WHY THEY USE WESTERN UNION INSTEAD WWW.PAYPAL.COM OR CASH ON DELIVERY?

WHY THEY DON'T USE WWW.ESCRO.COM 

DEAR SIR, THESE ALL CHINESE WISH JUST SCAMM, CHEAT PEOPLE NOT MAKE SERIOUSE BUSINESS.

FOR THE ALL CUSTOMERS, BUYERS " DON'T BELIEVE THEM. "

WHEN AN CHINESE ASK YOU BUY FROM IT, PUT HIM USE ONE FROM THESE TWO SERVICE WWW.PAYPAL.COM   OR   WWW.ESCROW.COM 

I WAS CHEAT BY A GOLD MEMBER. I CONTACT ALIBABA DEPARTMENT AND THEY TOLD " WHY I BELIEVE THEM? " THIS WAS THEIR ANSWER AT MY QUESTIONS.

ALIBABA TOLD US " CHINESE ARE ALL, BEST AND SERIOUSE AND LEGITIMATE BUSINESS MAN FROM HERE " BUT WHY THEY NOT TELL US " CHINESE ARE ALL MOST SCAMMERS "

I THINK THIS ACCOUNT OF MINE WILL BE CLOSE, AFTER I SAD THESE ALL TINGS OR MAY BE THIS MESSAGE WILL BE DELETE.

 

I HOPE SOME ONE FROM THE REST OF WORLD SEE MYWORDS.

DON'T HAVE TRUST IN CHINESE. THEY SEND YOU A REAL SAMPLE GOOD, AFTER THAT SEND YOU JUST COPIES

 

BE CARFULY

06 Jan 2009 14:12
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