Transaction Payment with Iran.
Post 1 of 17
hello to every one.
i own a import-export-trading company and work mostly in Europe.
lately i got a contract for one costumer located in Iran who wants to buy goods from China for amount of 25-million$ and i am trying to find a way to make this trade payment because Iran in under embargo and restriction so it will be difficult.
As i work usually between European companies i have never had this international payment issue.
could you help me to find out what would be the right way to do this payment?
LC ?
T/T?
and anybody know which bank would confirm LCs from Iran?
i am sure other companies in Iran import goods from other companies in the word so what would be they payment method?
i will truly appreciate any advise or help. thank you in advance.
17 Sep 2009 08:12
![[em14]](http://img.alibaba.com/images/eng/style/icon/emoticons_embrace.gif){kind=icon}
Post 4 of 17
??????? didnt understand your point can you please explain yourself?
19 Sep 2009 16:41
Post 5 of 17
Generally speaking,If Lc,they may not refure to make payment,but slowly.You have to wait,
So I advise TT is better.
We usually 50 % in advance and another 50% before shipment.
So I advise TT is better.
We usually 50 % in advance and another 50% before shipment.
22 Sep 2009 18:01
Post 6 of 17
Hello,
We have several Iran customers. And we usually require 30 deposit T/T, and 70% balance to be settled before loading cargos.
We seldom accept L/C, it is much complicated for us and our customers. And our Iran customers also accept T/T in advance.
But as the first transaction, they would sometimes accept L/C. And what exactly do you mean? Will you tell me more about it, cause' I am not quite sure what you refer to.
Just contact me by Email: bennylin.export@gmail.com![[em3]](http://img.alibaba.com/images/eng/style/icon/emoticons_grin.gif)
We have several Iran customers. And we usually require 30 deposit T/T, and 70% balance to be settled before loading cargos.
We seldom accept L/C, it is much complicated for us and our customers. And our Iran customers also accept T/T in advance.
But as the first transaction, they would sometimes accept L/C. And what exactly do you mean? Will you tell me more about it, cause' I am not quite sure what you refer to.
Just contact me by Email: bennylin.export@gmail.com
26 Sep 2009 01:31
Post 7 of 17
I have done business with Iran in the past... The best practice is 50% Deposit and balance due prior to shipment. Let me know if you are looking for a reliable contact to facilitate the deal.
26 Sep 2009 12:22
Post 8 of 17
I also prefer 30% deposit by TT, and settle the balance before the shipment. Iran is on the sanction country list of both U.S. and UN which is high risk, so most of the western banks are prohibited to provide confirmation for Iranian L/C. Long time before, it might be possible to negotiate USD L/C through some European Banks which are related with Iran, but now it is impossible as nearly all the european banks conducted the similar financial control and management with U.S.
06 Oct 2009 08:45
Post 9 of 17
Yes Fully agree with guys mentioned 50% advance & 50% before shipment or against fax copy of B/L OR otherwise 30% advance & 70% before shipment or against fax copy of B/L.
10 Oct 2009 00:19
Post 10 of 17
Dear Sir ,
We are proud to present our company as a international consulting in managment and trade marketing company in Romanian and Iran.
In case you need our services for the mutual business collaboration please feel free to contact me.
Looking forwards to hear you
Best Regards,
Simona Pop
Project Manager
E-mail Picassotrading@gmaiol.com
Skype.picassoforum21
Direct Mobile Phone 0040754560605
10 Oct 2009 01:39
Post 11 of 17
![[em18]](http://img.alibaba.com/images/eng/style/icon/emoticons_deal.gif){kind=icon}
Dear Sir , Hope you can find the best way. We are trading company in Iran. Please advice me if I can help you in this regard. B.R kazemi@efsaco.com
10 Oct 2009 23:00