Payment Points For Foreign Trade

The most obvious reason is simple. I think all workers will not know.

However, in the simplest sense, we often make mistakes.

In order to conclude the paction, we blindly accept the harsh payment methods of foreign businessmen, and finally the goods are lost.

In bargaining with foreign businessmen, we are afraid of losing the hard won customer.

We are eager to get ahead and work in an eager way.

We are obsessed with the promise of future swindlers.

We indulged in the good cooperation experience with foreign businessmen in the past.

In fact, these can not guarantee our money recovery.

Any paction should be based on equality and mutual benefit.

We don't have to be afraid of losing customers. If your price, quality and service can attract foreign businessmen to negotiate with you, a real buyer will also be afraid of losing you.

You can insist on your safe payment method.

So we have to ask ourselves why I want to do this deal.

Can my payment be recovered at last?

1) 30%T/T deposit +70% at sight, confirmed and irrevocable letter of credit;

2) 100% pport terms of sight, confirmed and irrevocable letter of credit +CIF;

3) a sight, confirmed and irrevocable letter of credit +FOB; (preferably arrange the shipping company to the port of destination, and have good cooperation with the shipping company to control the goods).

4) 30%T/T deposit +70% see the bill of lading facsimile payment; (this payment method is applicable to smaller trade volume.

If the trade volume is large, do not apply this payment method.

Because we can not guarantee the final demand for foreign goods.

Maybe foreign businessmen will abandon trading because of market changes.

Other ways of payment (payment methods mentioned in international trade books) I recommend not to be taken lightly.

Because there is no sense of security.

In a more secure trading country, the safety factor is arranged as follows: (safety coefficient should be based on actual conditions) for reference only.

1) the United States: because the country has truly established a business reputation management system.

If they have dirty history, they do not have second times in the future.

2) European countries: mainly Britain, France, Germany, Spain, Belgium, Holland, etc.

3) Canada, Australia, Japan, Korea and Hongkong;

1) African countries, especially Nigeria, where businessmen cheat everywhere.

2) Middle East countries often face their faces due to changes in the war situation and market.

3) in Taiwan province of China, businessmen here often drop their debts on the mainland.