MAKING AN INQUIRY

To make an inquiry, please send us the name of the product, specifications, quantity and destination port and we will send you the price and conditions. If you (the buyer) agree, from this step on, you will be connected with the end seller to deal directly, but we will stay ready to help, if necessary.

PAYMENT

1 – With Down Payment:

Nowadays, most exporters do not accept L/C. They require a down-payment of 30%, at least and the balance against fax of shipping documents. Of course, we perfectly understand that buyers do not feel comfortable to put front money to get the products. That’s why we must emphasize, again, the importance of knowing the reliable sources. By the way, this is a two way road : as there are frauds from the suppliers’ side, there are, also, many frauds from the buyer’s side and that’s the reason for sellers to require a down-payment. Many “buyers” use to confirm the order, and then they do not open the LC, which can cause much trouble to the sellers. We have never experienced the opposite. Our suppliers have never failed, because we work with traditional and reliable sellers to avoid headaches.

We can mention some good advantages, for both, buyers and sellers, when there is no Letter of Credit involved :

lower final cost, because there is no cost to open LCs; absence of discrepancies on documentation; no risk of warehousing and demurrage cost of discharging port (mainly when transit time is short), because shipping documents have not to go through negotiating banks. They will be sent straight from sellers do buyers. buyers have not to put all the money in advance. They pay some 30% when putting the order, and then, balance with proof of each shipment.

Finally, that’s the way the market operates now, mainly for containers shipments.

2 – With L/C:

Depending on the quantity and on the exporter we can deal with L/C. But it must be untransferable and confirmed by prime American, European, Japanese or Chinese bank.