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Reminder Business Introduction

2009/2/19 16:55:00 42002

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The certification is that the exporter notifises or urges foreign importers to open the letter of credit quickly through the bank in accordance with the contents of the contract so that the exporter can deliver the goods in time.

Not every business needs to be verified. In general, it is necessary to urge:

1. The period stipulated in the contract is longer than the date of signing the contract, or the contract stipulates that the buyer should open the L / C at a certain time before the time of shipment.

2, the seller will get the goods ready ahead of time, advance shipment, and negotiate with the buyer for advance delivery.

3, foreign buyers did not issue letters of credit within the time limit stipulated in the contract.

4, the buyer's credibility is not good, deliberately delayed the opening of the permit, or because of funds and other issues unable to pay the deposit to the issuing bank.

A letter of credit, telegram, telex or other means is required to prompt the other party to handle the issuing procedures in a timely manner and deliver the letter of credit to the seller so that the seller can timely stock up or ship the goods for export.

In order to ensure the performance of the contract on time and raise the performance rate, it is necessary for the seller to raise and urge the buyer to open the L / C at the appropriate time.

The buyer opens the contract at the appointed time as the precondition for the seller to perform the payment contract in the form of a pretty good certificate. For a commodity paction which is specially custom-made for bulk pactions or according to buyer's requirements, it is especially important for the buyer to open the letter of credit in time. Otherwise, the seller can not arrange the production and organization of the goods on time, in order to prevent the buyer from breaking the contract, resulting in the light goods being unable to deliver in time, or the market situation changes causing the loss: the heavy sellers do not sell the goods, and seriously affect the continuous operation of the enterprises.

Under normal circumstances, the buyer's letter of credit should be at least 15 days before the date of shipment.

The new customers who are not very familiar with the credit situation insist on the 30 or 45 days or even longer period before the shipment date. They also have a flexible grasp of the date of issuance of the L / C in line with the production processing time and the requirements of the customers.

In the actual business, foreign customers often delay the issuing of the certificate when they encounter changes in the market or lack of funds. Therefore, the exporter should check the buyer's opening condition in time.

Need for reminder.

2, the seller will get the goods ready ahead of time, advance shipment, and negotiate with the buyer for advance delivery.

3, foreign buyers did not issue letters of credit within the time limit stipulated in the contract.

4, the buyer's credibility is not good, deliberately delayed the opening of the permit, or because of funds and other issues unable to pay the deposit to the issuing bank.

5, the date of signing a contract and the date of performance are far apart. The letter should be written before the date of the contract opening to indicate the importance attached to the paction.

And remind the other party to open the card in time.