Payment methods currently accepted by TSEC electronic scale manufacturer
- T/T 100%
- L/C at sight
- before T/T + T/T before shipment or against B/L copy.
General payment method for new customers
- T/T 100%
- L/C at sight
- T/T advance + T/T before shipment
The payment method used by existing customers
- L/C at sight
- T/T advance + T/T against B/L copy
Other payment methods
- D/P
- after T/T 100%
- OA
- USANCE L/C
- D/A
For factories, the main concern is the security of collection, so they will favor the more secure collection method. For the buyers, they want to purchase goods with guaranteed quality and delivery time. So we will take a relatively fair payment method. For the first-time deal, T/T advance and L/C are the safest way for customers, and factories are inclined to do this. After cooperating a few times and building up a trusting relationship with each other, we can adopt a more relaxed payment method, such as T/T against B/L COPY to receive payment.