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Library (3)
Payment Methods for Recurring Buyer Relationships
score 15
/library/tree/finance/finance-payment-method/pm-recurring/
Once a buyer is trusted (3+ clean cycles, good payment history), you can transition to more efficient terms: (a) documents against payment (D/P) — bank releases docs only against payment, faster tha…
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…
Best Payment Method for First Orders
score 5
/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…