Though a little bit complicated, it's useful. ^_^

Very cool, I believe this will be very helpful

pls to inform you that we are interested on documents against payment D/P payment.with some of the members of yr website, and as such pls inf0rm us through e-mail details of such firms that can accept the payment as we are prepared to accept the terms and conditions of such companies for the requireed mentioned payment.

thanking you always for yr cpo-operation

we expect e-mail contacxt from the companies in china and other countries that willaccept our required d/p at sight payment, which we shall not disappoint them on payment.

when should we expect response to our request on the payment.

It is really a nice document. but it misses on one point i.e what if buyer collects the document and later finds out that the goods are broken or perished. What's the action line in that scenario?

Quoting from Rahul Gupta:


It is really a nice document. but it misses on one point i.e what if buyer collects the document and later finds out that the goods are broken or perished. What's the action line in that scenario?

That scenario may happen but one of the documents you have to ask for if you are a buyer is an SGS pre-shipment inspection , so in tha case you are sure the shipper sent you the right things and in case they get broken along the way , there is insurance my dear Rahul.

So dont miss out on business, its about taking a few risks and if the wind blows your way, you will be all right. Rgds

Prosper

I would like to see a list of carriers that acccually  handle this D/P trans action.

I know the big guys dont do it..DHL, FEDEX and UPS dont have anything like this..do you really trust your shipments or money for that matter in some micro shipping company?

What kind of a solution is 'OH YEAH, thats what insurance is for"???

That is not the way you conduct a trade, if something is not shipped and recieved in excellent condition..it is not for the insurance company..it is for the shipper to pay and replace.

 

Who is posting this lame Advise on trade practices?

 

Can some one tell me please, when exporter?s bank send the shipping documents to importer?s bank, are there any terms mentioned there in the documents that make the importer bound to pay the exporter? And if importer doesn?t accept the documents approached by his bank and refuse to pay, who will be held responsible for the payment then?

Replying to [Peanut]:
very good but i have a questions to ask, if importer's bank give the importer documents but refuse to pay exporter's bank , what should i can do ? pls explain , is this dangerours to Use D/P ?

Replying to [bmpc]:Thanks for the flow chart.
I get the information and understand it.
I just need do D/P.
Thanks.