CIF, ASWP, SBLC, BG?

 

em1]Quoting from [Leo chengcheng]:

Hi ,good day,you are chinese,aren't you?i am chinese too,and i have been in foreign treading  only a short  time,so can i make friend with you ? thank you

                     best regards for you

                                                                 yours tiramina

Quoting from [Buffet]:


hi the meaning of cif is cost insurance and freight of goods is already included in the price which have coted to you

Quoting from [tiramina]:

em1]Quoting from [Leo chengcheng]:

hi ytou can send me your msn than we can chat online

Quoting from [al-kareem]:

Quoting from [Buffet]:



hi the meaning of cif is cost insurance and freight of goods is already included in the price which have coted to you

CIF: MEANS COST, INSURANCE, FREIGHT.

SBLC: MEANS STANDBY LETTER OF CREDIT

BG: MEANS BANK GUARANTY.

Quoting from [Buffet]:

I requested a qoute from a supplier and in his response he indicate a price together with the letters CIF ASWP-SBLC/BG. What does this mean? Thanks

Quoting from [Phantomy]:


Replying to [Aussie]:Hi,

I was interested to find out why you would not buy CIF (unless...).


I am new to this industry: I would have through that, as long as it is CIF with an L/C, the L/C would protect the buyer in case of any issues. Is this correct, or not always?

Does a D L/C offer less protection?


thanks for the info.

the L/C truely would protect the SELLER of payment risks and CIF (Insurance) Will protect the BUYER of deivery of goods risks.

what's the meaning of DLC (Documentary Letter of Credit?) it's the same with LC or DC or LOC or Credit.