If there is a problem in doing business with foreign capital, those who understand foreign trade are

Upstairs is correct, any company can withdraw money from L/C. Unless there is a similar clause in the letter of credit, it stands to reason that the letter of credit issued by a well-known company such as Woerma should not have such a soft clause. If you are new to letters of credit, I recommend you do this:

First of all, go to the international department of the bank to consult, bring the letter of credit, ask them to help verify it, see what soft terms there are, find out it, how to change it, etc., in short, so that the letter of credit can let you get the money smoothly. It is best for banks to find more professional banks, such as Bank of China, China CITIC Bank, etc., banks are generally happy to provide customers with such services.

Then, according to the bank's opinion, Volma was asked to change the certificate.

Or you can also post the terms of your letter of credit and everyone will help you look at it.

Letter of credit is a common payment method in foreign trade, and it has been clearly stated upstairs that there is no problem.

The problem is that the bank says you can't get the money. Since you are not complete, I guess the reason may be that your company does not have the right to import and export. This brings about a series of problems, unable to receive the foreign exchange verification form -- unable to declare customs -- unable to write off foreign exchange -- the bank cannot settle foreign exchange -- your company cannot collect money.

The method is that if the L/C can be transferred at this time, it will be transferred to a foreign trade company for export; If there is a non-negotiable letter of credit, a back-to-back letter of credit will be issued on the basis of this letter of credit, and its beneficiary will be a foreign trade company of your choice.

In short, find a foreign trade company to do the best, and do not waste this valuable letter of credit, and at the same time ensure that the business is not lost, one of the above two methods must be suitable for you.

Are you doing a domestic letter of credit?

Because this business has not yet been fully opened, individual banks may have set different thresholds.

You can list the terms of the letter of credit in detail for your comments.

The use of letters of credit for transactions is indeed a common practice for foreign countries. But it will not be that only state-owned enterprises and Sino-foreign joint ventures can withdraw money, and if the bank says so, then carefully check the terms in the letter of credit, whether there are similar clauses.

The steps of the L/C transaction are as follows: the buyer applies to the buyer's local bank for issuance, the buyer's bank issues the L/C and transmits it to the seller's local bank, the seller's bank notifies the seller, and the seller reviews the L/C to see if it is inconsistent with the contract or there are soft terms (your problem may be here), and if it needs to be modified, it will be submitted to the bank. Then prepare the bill of lading according to the letter of credit, deliver the goods to the shipper, and submit it to the bank for negotiation together with the bill of exchange and invoice.

After the bank checks that the documents are correct (the documents do not match the documents will be refused, I don't know if your situation is here), in some cases the payment is made directly to the seller, and in some cases the buyer's bank pays after the bill is handed over to the buyer's bank.

To put it simply, it is a multinational business, and the customer or business is abroad.

There are many ways to find foreign companies, different products, different strength companies, and different people.

Contract, generally PI is fine, or L C. The key is whether there is a problem with the payment.

Customs declaration and the like, mostly freight forwarding operations. Don't worry about it.

What you have to care about is the collection of foreign exchange and shipment.

No matter what industry, as long as you work hard, you can make achievements, and the experience is: clear goals, detailed plans, immediate action, revision plans, persistent efforts, and adjustment of mentality!!

For you. What is most lacking is social experience.

There are many foreign trade garment factories in Zhengzhou.

Go run the supply yourself.

Anyway, I just started to fumble and do it.

I didn't understand anything at first, and I was running around with broken legs.

Just start to get as little as possible, even if it is more expensive and not profitable.

Otherwise, you won't have to do anything if you can't get out of the volume and suppress it.

By the way, if you run to a good product, tell your brother.

In the case you mentioned, you can choose T/T TT. The process of receiving money is as follows:

Make a Proforma Invoice signature and seal (PI with the bank account information of your company that can receive foreign exchange, including the name and detailed address of the beneficiary bank (or SWIF code of the beneficiary bank), the name and account number of the beneficiary) and send it to the customer.

Provide a bank bill after payment.

It will take about 3-5 days to arrive, and the production can be arranged after the account.

The 2nd floor is the right solution, if you want to trade directly, you can use TT well, remember that the money must be in the account, and the water bill alone is not 100% insured.

For this payment problem you can use PayPal

PayPal payment method: After everything is negotiated, he sends the money to PayPal for your shipment, and the other party receives the goods and clicks OK, then the money will reach your PayPal account.

Common Payment Methods:

d p is the document against payment, we prepare our negotiation documents after delivery, and submit the documents to the customer's bank through our bank, the customer's bank reminds the customer that the documents have arrived, and the customer pays the bill after the bank submits the documents.

D a is the acceptance of the documents, but also through our bank to the customer's bank, the difference is that the customer only needs to accept our documents, you can take away the original documents, and then pay after the expiration.

T t is a wire transfer (the documents are generally mailed directly to the customer by our side, no need to go through the bank), if we use the T T payment method with the customer, the general practice is that the customer first gives us 30% of the advance payment, and the remaining 70% of the general insurance method is, after the goods are loaded, the customer pays with the original bill of lading faxed by us, and then mails the whole set of original documents to the guest after the payment arrives.

Collections d p, d a

D A Submission of Documents Against Acceptance, Verification and Tax Rebate, The difference between logistics freight forwarding DP and DA A is that DP must pay the bill, pay the money first and then submit the bill of lading, such as the bank privately releases the bill, the responsibility lies in the bank; D A importer in the bill of exchange acceptance after XX days after the payment of the goods, can take the bill of lading, if the payment is not made within the time limit, the bank is not responsible.

dp Documents Against Payment is a method of delivering documents under the documentary collection method, which means that the delivery of documents by the port is conditional on the payment of the importer, that is, the importer can only collect the documents from the collecting bank after payment. It is divided into a demand document (D p sight), which indicates that the port side issues a demand bill, and the collecting bank reminds the importer, and the importer must pay after seeing the bill, and the importer obtains the freight bill when the payment is paid.

The usance bill (d p after sight or after date) indicates that the port party issues a usance bill, and the collecting bank reminds the importer that the importer will pay the redemption bill after acceptance by the importer and before the maturity date of the bill of exchange or the maturity date of the bill.

d a Documents against acceptance is a method whereby the exporter (or collecting bank) delivers documents to the importer on the condition of acceptance under the documentary collection method.

The reason why success is the envy of Xin is because success is not easy. The reason why big money is enviable is because it is too difficult to make money. If you can succeed casually, and you can make a fortune if you want to do it, then success is not so desirable, and big money is not worthy of everyone's envy.

Doing business, especially in Yiwu Commodity City, is not as simple as having a store to make money, most of the stores are accumulated by customers who have been relocated for many years, they have a certain grasp of the product industry, and the newly rented and newly bought stores can do business and maintain, or make money, that is mostly a very good product.

Hello, I also started to do it in November last year, and I am also in Yiwu International Trade City, I am on the 3rd floor of District G 17659Make kitchen appliances.

It was also difficult at first.

I used to work in a factory, and when I came out, I bought directly from the factory.

It's much better now. Hey.

Persistence will pay off.

I understand your situation very well, and I have encountered such a dilemma as yours. I'm just comforting you.

Everything is difficult at the beginning, since you have started to do it, let it go, otherwise the previous efforts will be in vain. I must not be busy alone, I can recruit a mm, as the saying goes, men and women are not tired of working together, hehe.

Since you have started, you can continue to do it, and you can recruit people if you are too busy alone.

Support you, I'm interested in Yiwu and let's talk about doing business.

The first thing to say is that when you register a company in China, you must use pure Chinese characters as the company's name, and the trademark you want to register can be English letters, numbers, Chinese characters, patterns and other types.

And if you want you to use a foreign company to operate a foreign brand, then you can register a foreign-funded enterprise that leaks the letter, which will be more troublesome and complicated.