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Is it safe to use L/C?
Is it safe to use L/C? Our company is always using T/T and hasn't used L/C before,now there is a client want to pay by L/C. I want to listen to your experiences about using L/C.Will you share it with us?
By  
fishing_in
25/08/2009
Keywords:
2009-08-25
Dear Sir or Madam,
 
Thanks for your attention to ETCN.
 
It depends on where your customers are from and the credit of the bank. In some countries you'd better not use L/C. General speaking, it makes sense to use L/C in big amount order. And combining 30% T/T in advance also is suggested.
 
If you still need our assistance, please feel free to contact us, we are glad to help you.