Hot Topic Recommend
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 thereHot Topic Recommend
It depends on yours and suppler's contract.
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 thereHot Topic Recommend
i think it depend on the your trust on supplier , if you think that is a trustworthy company , you can pay 30% or 50 % is ok , business is the trust on both part , if you can pay some deposit , the supplier will trust you are are real buyer , they will also supply some convenient for you .
The first order is usually very small. So we as a manufacturer prefer TT payment .When the quantity becomes bigger, we will think over other payment term.
Actually the payment mostly depend on the products . If the amount and volume is big ,the shipment is by sea, it will use LC better
But for some other products, especially by air. The payment will be TT. Take our factory product as an example, our main product is advertising display products. The weight is not so much,and most customers like the shipment by air. So we must choose TT, it will help us avoid rask.
As an importer, you may also worry about something. So firstly, you should check the factory ,you can check the supplier wheather they have right to do export .Or you can check them wheather have third party certifications and so on. Some importers also like TT better,because it is convinent and save cost.
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
30% deposit . balance T.T before shipment . if sample order, 100% t.t in advance.
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
30% deposit . balance T.T before shipment . if sample order, 100% t.t in advance.
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 thereHot Topic Recommend
As the international practise ,the supplier like 30% deposite by T/T ,balance againet the copy of bill of ladding ,or balance paid when the supplier supply you the packing list .
Quoting from [tlongsales4]: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
30% deposit . balance T.T before shipment . if sample order, 100% t.t in advance.
Yes,I agree this point,we are manufacturer,and we would rather choose TT,usually we like 30% deposit,and balance T.T before shipment.
Quoting from [jerryww02]:Quoting from [tlongsales4]: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
30% deposit . balance T.T before shipment . if sample order, 100% t.t in advance.
Yes,I agree this point,we are manufacturer,and we would rather choose TT,usually we like 30% deposit,and balance T.T before shipment.
What I am adobting is all the buyers will agree full amount before shipping?Or just 30% deposit,balance after receiving copied B/L is the most used perment.
Yes, it really depends on what kind of order do you have?
L/C payment is more safe but it usually accept when amount is large. When amount is not very large we usually perfer T/T, 30% deposit when order and 70% balance before shipment, because T/T is more simple, it doesn't so much documents. However, when amount is below $2000, if make payment accoding deposit and balance also not a good deal because of the high poundage. That is why trust is so important between people.