Payment ways

How about the payment for ZZHZ?

FAQ Aug 12, 2015 No Comments

There are many payment ways in international trade. While ZZHZ only accepts several payment ways after carefully considering both benefits of sellers and buyers.

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1. 100% irrevocable L/C at sight.  L/C is of bank credit between buyer bank and seller bank. If all documents are prepared to totally meet demands in the L/C, it will be promised to get all payment.

2. 100% T/T in advance.  It is more suitable for familiar customers and well-estabilish companies.

3.  30% deposit by T/T, balance against copy of  B/L.  It is quite a  popular payment way now. after signing the contract, the buyer pays 30% deposit by T/T, then when the seller faxes or e-mails copy of B/L to buyer, he may pay the balance, then the formal B/C could be posted to the buyer for customs clearance and taking delivery of goods.

 

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