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Does American have a credit against shipment?Bank remit the ...
Post 1 of 5
Does American have a credit against shipment?Bank remit the payment according to supplier container arrival Note?
Award 10 MVPs ( What's this? )for the best answer.
01 Sep 2009 00:46
Post 2 of 5
Best to use a LC at sigtht.
01 Sep 2009 01:18
Post 3 of 5
It is old customer for us,and this is the first time we know that they do the payment according to bank credit limit.This credit he said according to our shipping container arrive note.We would like to know is that USA have this kind credit payment?
01 Sep 2009 19:32
Post 4 of 5
It's possible, but what you are describing sounds kind of like a semi- L/C. Not particulary secure for you from what I am reading between the lines..... It is possible (note POSSIBLE) that they want to pay this way because they are in trouble with their bank (that is NOT a fact but a conjecture on my part).

Go with what Grigo said, LC @ sight
04 Sep 2009 11:07
Post 5 of 5

Thanks for Foow reply.

I think that our customer have trouble with thier bank.He told us this is the new bank cooperation with them.

And give us two bank wire tranfer receipt last week,show remit payment same time but twice.Now only arrive one payment to our account.The other is still not in our account.

Customer said remit the other by other method.Hope our customer can get through from this economic crisis ,and we can get this payment quickly!

05 Sep 2009 00:17
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