SourcingBud

Tag: payments

  • Complete Guide to Payment Terms and Methods in China Sourcing

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    Managing payments effectively is crucial when sourcing from China. Understanding different payment methods and implementing proper security measures can protect your investment and ensure smooth transactions. Common Payment Methods T/T (Wire Transfer) Risk Level: Moderate Typical Terms: 30/70 Letter of Credit (L/C) Risk Level: Low Best for: Large orders Trade Assurance Risk Level: Low-Moderate Best…