IImport Guide: Documents & Payments

U.S. yuan critics urge Obama keep campaign promise

* Hint in China central bank report viewed with skepticism * Obama held Bush to tough standard on currency * U.S. coalition wants more duties on...

Export Working Capital Financing

Export working capital (EWC) financing allows exporters to purchase the goods and services they need to support their export sales.

Taiwan to accept China UnionPay cards

TAIPEI, Aug 6 - Taiwan is scheduled to accept cards issued by China UnionPay, the largest bank card organisation in China, in the latest signs of...

For sellers: obtaining export financing

Who to approach to secure trade financing.

The basics of extending credit to buyers

Term financing and buyer-credit programs.

Approaching the lender and understanding lender practices

Trade financing and understanding lender criteria.

Transferable versus non-transferable letter of credit

Transferable and non-transferable: what's the difference?

Currency fluctuation: protecting yourself

The pitfalls of currency fluctuation as a small bsuiness.

Counterfeiting in China: common practices and cures

Comprehensive information on how counterfeiters operate in China.

Chinese tire producers urge Obama to spurn tariffs

WASHINGTON, Aug 5 - President Barack Obama could cost 100,000 Chinese tire workers their jobs if he agrees to a U.S. union's request for steep import...

U.S. and Mauritius kick off investment talks

NAIROBI, Aug 5 - The United States and Mauritius kicked off formal talks on Wednesday for a treaty aimed at boosting investor protections and trade...

Supplier requests payment through Western Union or by bank transfer only!

Using Western Union or bank transfer depends alot on your relationship with your supplier.

Back-to-back letter of credit?

What is a back-to-back letter of credit and how to arrange one.

Request pre-shipment inspection when using letter of credit

How pre-shipment inspection can prevent you from receiving the wrong goods.

Is it a real payment collection or a scam?

While it is difficult to generalize that all companies that ask for help to collect funds are scammers

Contacted by numerous 'buyers'

There is no formula that I know that can help conclusively prove the legitimacy of a buyer or seller.

Do manufacturers have better price than trading companies?

Doing business with different companies in China, how is it possible to identify if the person is a manufacturer or a trading company?

Benefits of sending a pro-forma invoice

We would really like to know about quotation prices and specifications

Building solid relationships is the key!

Most often it is not the paymnet method that becomes an issue in a transaction.

Using a pro forma invoice will help to increase your profits

Often when potential importers request a quotation from exporters what do most exporters provide their prospective buyers?

BACK TO BACK LETTERS OF CREDIT

The original LC and the one issued against it are independent. See how it works.

TT (Telegraphic Transfer), * bill etc. vs. LC (Letter of Credit)

I have seen discussions and debates on differences between LC and TT, TT and DP/DA bills etc. This article is to put the subject in its proper...

Clearing customs

First, the customs service does not notify the importer of the arrival of the shipment. The carrier of the goods usually provides notification of...

Letter of Credit (L/C) transactional flow diagram

Letter of Credit Flow diagram:

Documents against Payment (D/P) flow diagram2

Documents against Payment/Bill of Exchange flow diagram

How to apply an L/C ?

Is beneficiary's notice essential?

Payment for goods

Job was posted swiss trad Tmpex Gmbtl

How to get the goods with bill of lading?

What does Packing list look like ?

What does commercial invoice look like?

What is proforma invoice in business?

What is Air waybill?

What is RoHS(Restriction of Hazardous Substances Directive)?