Quoting from Being:

What methos will most ensure that the goods I receive will be as ordered ? In case I buy goods and check them on the port, and see that they are not as agreed or in low quality. What can I do than ?

Thanks

Being,

Pre-shipment inspection might be your best option. You can also use open account as a payment method where you will pay for the goods after you inspect them.

If the buyer did not accept the L/C documents what should seller have to do?

or if the buyer neglect his contract after the production then what should seller have to do.

Quoting from subhlaxexports:

We are exporter from India. Doing business on L/c. As the bank charges are too high, our potential clients are interested in payement terms of t/t which we are not yet confirmed about. We are trying to measure the risk factor involved in it. We have new export base and are playing safely. What process actually follow to get safe our payments against the deals in the terms of t/t payments.

What could be the safest steps and process to follow and complete the deal? How risk could be eliminated in it? It it safe mode of payment? What should be the way of transfering and forwarding of documents and at what stages. What could be the better conditions to receive the payment?

Keep us informed about best option therein to help business better.

I can tell you. Your client pay you by T/T is 100% good to you. You receive the money and then send the goods. What can be better than this?

Quoting from linksman:

hi Alibaba,

thank you soooooo much for the very educative and informative insight to this topic. i am much better informed now. keep up the good work.

linksman wireless services (Nigeria)

This wonderful piece from Alibaba, is more than being very educative and informative. It is the spirit that tends to guide every business outfit with a vision and mission for across -the- boarder transactions. International transactions seems so much challenging and interesting, but after all deals has been agreed upon and remains payment discussed, then you find the trust of both parties been frowned at.

This is normal considering the physical distances between buyer and seller, The buyer wants to make sure they receive their order in acceptable condition and on time, and the seller needs to know they will get paid for it, thus minimizing their exposure to risk which is on the minds of both parties.

Bravo to Alibaba................for providing the solution

western union money trasfer or money gram

Quoting from umoorjani:

I don't think alibaba has an escrow services, though it would double the credibilty of their services and the honesty regarding shipping contents of the supplier especially with China.

I heard of an Escrow Services used by ebay users, called Escrow.com. try it out, I haven't tried it, if you succeed, please share your experience with us.

i have used it.  any other payment method is a waste of time and a risk to the buyer.

insist on escrow.com or walk away from the deal.

seller are afraid of escrow if they are trying to steal from you.  Little trick seller use is.."ok we use escrow but send us the shipping by wire in good faith because we cant afford to ship"..  NEVER T/T and NEVER use western union or any other money gram service.

escrow makes it impossible for scammers to operate.

Alibaba.com should set up their own escrow and require it as a option that seller must accept.

this would be the greatest trading site on the planet.

Actually, most Japan trading site L/C is required and insisted on.  If you dont use it then you are a scammer.

 

 

 

Quoting from Angelawsj:

Quoting from subhlaxexports:

We are exporter from India. Doing business on L/c. As the bank charges are too high, our potential clients are interested in payement terms of t/t which we are not yet confirmed about. We are trying to measure the risk factor involved in it. We have new export base and are playing safely. What process actually follow to get safe our payments against the deals in the terms of t/t payments.

What could be the safest steps and process to follow and complete the deal? How risk could be eliminated in it? It it safe mode of payment? What should be the way of transfering and forwarding of documents and at what stages. What could be the better conditions to receive the payment?

Keep us informed about best option therein to help business better.

I can tell you. Your client pay you by T/T is 100% good to you. You receive the money and then send the goods. What can be better than this?

what is better is a fair trade.

set up escrow or letter of credit..do not accept wire or T/T.

this method will harm you in the short and long run...most buyers are getting smarter and will not use wire transfers but rather insist on escrow.  Best bet is to get familiar with and use only escrow and L/C.

 

The are good questions which are asked by members.My concern is I do not see any answers for questions raised which most of the questions are good .these questions if answered publicly they can serve as part of tutorials.
I shall be glad if my concern can be taken into account.

Thank you

What is this?

I wish to acquire a small consignement of Ipods, which I hope will lead to bulk orders depending upon the reliability of the supplier.  Having read a number of comments regarding scams, I would welcome advice and comments based upon the supplier's proposed payment terms, which are as follows:

- They  request payment by Western Union from Square Trade.

- They act like a guarantee service.

- I confirm the payment to square trade

- after that they make the shipment

- I receive the package and give OK to Square Trade

- Square Trade release payment to supplier.

I have never traded in this way and would therefore appreciate help and advice.