Case study: Letter of Credit Risk Management

Posted on March 04, 2012  by Xixi  in Case Study, Payment Term   8 Comments »
Case study: Letter of Credit Risk Management

? Case 1 Before the outbreak of the Second Gulf War, a Naijing Company sold 2000 tons ethotic plastics (worth 2.18 million USD) to a Singapore company. After the contract was sealed, the seller received the letter of credit from the buyer and then made the delivery according to the article of the contract. What […]

Popular payment methods that Chinese suppliers accepted

Posted on February 18, 2012  by Xixi  in Payment Term   1 Comment »
Popular payment methods that Chinese suppliers accepted

For chinese exporters, the safe, timely, and full payment is the top priority. As it has been mentioned before, foreign trade is a document transaction. As long as all the documents have been handed to the customer, the exporter would regard the goods as being handed to the customer as well. Then, how to get […]