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| Subject:
Importing Goods from China, India, or the Philippines
Category: Business and Money > eCommerce Asked by: brighterdays-ga List Price: $5.00 |
Posted:
06 Mar 2006 10:46 PST
Expires: 05 Apr 2006 11:46 PDT Question ID: 704271 |
How do small importers of products from China, India, or the Philippines guarantee that the delivery of goods will be made and the quality, before they make payment? |
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| Subject:
Re: Importing Goods from China, India, or the Philippines
From: myoarin-ga on 06 Mar 2006 17:51 PST |
The question could be posed from the other side: how do exporters know that a small foreign importer will pay for the goods? The answer for both is a "docmentary letter of credit." You can read about it on these sites - and others: http://www.export911.com/e911/export/lc.htm http://www.crfonline.org/orc/cro/cro-9-1.html I hope this helps. Regards, Myoarin |
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