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

L/C letter of credit
7p8x0E6C3C:a*RFOB Business ForumT/T Telegraphic Transfer
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two kinds payment

you can go to website for the answers FOB Business Forum2U&r(B0E'r;{-s
and you will get detailsFOB Business Forum9r"[4@'d:@,D%|

:m3N(L4T9n0DFOB Business ForumCome on and merry christmas

Thanks a million,merry Xmas!

t t used for a small amount
$_'m!r8f*Z+M/^3MFOB Business Foruml 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.

SAFE WAY:
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1. T/T, 30% down payment, 70% before shipping.7m&\+?%_:T6K/_"w*d"`

7M9c4E-b"S:_"A i+]"N!j[A Professional Business Forum]2. L/C at sight:  30% down payment, 70% paid according cope bill.
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`;]-{'i'^(n9yforum.fobshanghai.com[ Last edited by mazy at 2008-2-24 15:25 ]

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.