Subject: L/C 90 days,customer from India,the frist order,Ok?
lifelover
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Post at 2007-6-26 10:39  Profile  Space  P.M.  Buddy 
L/C 90 days,customer from India,the frist order,Ok?

Hello,everybody?
"O'd;?(M0V!`!Rforum.fobshanghai.comI have a question,pls tell me what should i do?
7T"},]&X7v0G#}2e*U[A Professional Business Forum]I have a customer from India. He visited our company before. But this is the first order between us. He said the payment should be L/C 90 days.He also said that this is the basis of our cooperation and they all can only accept L/C **days in india.We have never done business with that before.But If refuse,I'll lose any chance to cooperation with him. What should I do?FOB Business Forum1P0{$a$x0K4`3j:J(l%v
Thank you in advance.





I can!
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mico1020 (mico)
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Post at 2007-6-26 12:27  Profile  Space  P.M.  Buddy 
Due to the bad reputation of customers from that country, you can not accept such clause,FOB Business Forum8W(r8v*M'u!B7U/T8S
T/T in advance or L/C at sight will be OK.

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music0
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Post at 2007-6-26 14:36  Profile  Space  P.M.  Buddy 
i agree Mico's opinion

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zzf0903
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Post at 2007-6-26 14:49  Profile  Space  P.M.  Buddy 
you'd better not accept L/C 90 days, not only because it's too risky, but also because it'll "take up" some of your company capital

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306maggie
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Post at 2007-6-26 16:21  Profile  Space  P.M.  Buddy 
I think L/C at sight is OK.Their country accepts the L/C at sight,not as he said only L/C **days.

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Sanro
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Post at 2007-6-26 22:19  Profile  Space  P.M.  Buddy 
you better not accept 90daysl/c, because they have bad reputation from india.

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keke2002
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Post at 2007-6-27 15:32  Profile  Space  Site P.M.  Buddy  QQ
long period of this ,advising you donnot accept it.

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keke2002
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Post at 2007-6-27 15:32  Profile  Space  Site P.M.  Buddy  QQ
support 306maggie

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sueartstar (Sue)
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Post at 2007-6-27 16:46  Profile  Space  P.M.  Buddy 
Of course not.

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peonywang
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Post at 2007-7-3 14:24  Profile  Space  P.M.  Buddy 
for first cooperation customer, L/C 90 days is not acceptable,(y2R'x4W;a,H2P*M/l,S)m
business forum,trade forum,business opportunity,Business China,Business India,Brazil business"h8H:|3|9|
as i know, maybe india goverment control the foreign exchange, our customer usually pay most from HK, little are by D/P for custom clean. However, we are longterm copperation customer, we work as their buying office.

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skyfly
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Post at 2007-7-4 13:40  Profile  Space  P.M.  Buddy 
first is same as above FOB Business Forum4A h*M5x%F$A&v7c"p
second, we must take the exchange rate into consideration too.





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