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Library (3)
Best Payment Method for First Orders
score 15
/library/tree/finance/finance-payment-method/pm-first-order/
For first orders with unknown buyers: (a) irrevocable confirmed LC is the gold standard — your bank confirms, so buyer-bank default is transferred, (b) advance payment of 30% + balance against docum…
Securing Payment on Your First Export Order
score 5
/library/tree/export-from-india/first-order/secure-payment/
For first orders with new buyers, AJG strongly recommends either: (a) irrevocable confirmed letter of credit — your bank in India confirms the buyer's bank, so if the buyer's bank defaults, your ban…
Payment Methods for High-Value Transactions
score 5
/library/tree/finance/finance-payment-method/pm-high-value/
For high-value (USD 1M+) transactions, always structure protection: (a) LC confirmed by a first-tier international bank (HSBC, Standard Chartered, Citi — not a local-bank-only), (b) contingent escro…