TT and L/C

I am a freshman for internation trade,someone who tell  us about TT and L/C meaning?Thanks!

L/C letter of credit
:k&acB(A:j3_5K)B T/T Telegraphic Transfer
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two kinds payment

you can go to website for the answers +KV4p8ucKOt uW
and you will get details
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Come on and merry christmas

TT and L/C

Thanks a million,merry Xmas!:handshake

t t used for a small amount
-M$AsM HE{4g#E l c usd a large amount

perhaps you said T/T pay for a small ,and L/C pay for a large is the usually status.but some buyer of foreign country almost use T/T at all,and some almost use L/C .they never consider the amount are small or large.there are just them habits.

AMICO PIPE

:) :) SAFE WAY:
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"idX*P9gd-cF1Vv 1. T/T, 30% down payment, 70% before shipping.RNT%q9~C9L3Lo7h s

K+]7m`#ls)b 2. L/C at sight:  30% down payment, 70% paid according cope bill.
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2P-BB$]QLgx$o [[i] Last edited by mazy at 2008-2-24 15:25 [/i]]

for Seller: TT is better,for buyer L/c is better

Thanks a lot, I am a freshwoman for purchasing field, and I will be purchasing equipment from abroad, so TT & LC knowledge is very important for me.