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Any risk with L/C ?
Post 12 of 52
we sell big machine to the world wide.If L/C,the customer refuses to pay when the machine arriving,we will have big problem...
24 Mar 2009 01:12
Post 13 of 52
benyahia_med
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Overall Ranking MVP:52 Rank:138,654

Good evening,

How to know if the Salesman is good Time?

The Inscription "Gold Supplier" is a good Criterion?

Thank you

[em24]

24 Mar 2009 13:00
Post 14 of 52
We have not done L/C payment yet,so we also want to know how is the l/c payment working?
24 Mar 2009 18:24
Post 15 of 52
for your info Linfo3,
go to your bank they will instruct you how to raise an L/C.
Do not buy anything from China with TT arrangements.
If they (Chinese) or Turkish businessmen for that matter,and they want to make sales they have to accept the International trading terms of L/C.
Say no T/T payments
24 Mar 2009 21:37
Post 16 of 52
Beware Do not make T/T transfers
24 Mar 2009 21:40
Post 17 of 52
i don't agree with you, our government are put forward so many policies to boost the economic development ,but there are so many foreign fakers or cheaters recently ,they just take into the naive Chinese businessmen,and cheat for moeny.[em5]
25 Mar 2009 00:52
Post 18 of 52
Do business ,we need believe each other at first .

cheat is not the universal phenomena.

just like our company ,we also do T/T,T/T 30% in advance ,balance before shipment.

but we still have so many customers.For we pay attention to the quality of product even more tense up than the buyer.
25 Mar 2009 18:21
Post 19 of 52
cb_jy
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Overall Ranking MVP:68 Rank:67,104
hi suppliers and buyers,we are a fabric manufactory mainly produce fabric .now we need to import yarn for weaving fabric, ten export fabric .we hope cooping with good suppliers and good buyers for bothe benefits . customer and supplier all gods !!! msn :lmahxh@126.com email:lmahxh@126.com mobile:8615156902441 phone: 865645338899 865643321002 fax: 865643326277 865643321002
25 Mar 2009 18:54
Post 20 of 52
cb_jy
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Overall Ranking MVP:68 Rank:67,104
do business must be honest ! who do bangladesh business ?
25 Mar 2009 18:57
Post 21 of 52
L/C is based on the credit of a bank, so we should check the credit of the issuing bank before agree on the L/C. If no problem on L/C, then we should make sure that the document(Inovice, Packing list, C/O if any) is coherent to the clause of the L/C.
Certainly, L/C at sight is the best.
25 Mar 2009 19:12
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