The specialist perspective
A payment by letter of credit presents three major advantages. First, no deposit is required before production. Full payment happens only after shipment and under certain conditions.
I am a buyer and realise that most transactions with China suppliers are done through bank transfers, but I would like to know how to use letters of credit, as I have heard they can better protect me
A payment by letter of credit presents three major advantages. First, no deposit is required before production. Full payment happens only after shipment and under certain conditions.
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