who have got deals from indian

[i][size=5]the customer persuade us to accept L/C30days,}.bzd P}G
i told him we usuallly accept 30% paid for deposit by T/T before production arranged, the balance to be paid before shipment.$N9hnVP J5y"QA Io
A friend of my boss said it's bad for indian credit standing,so we hesitated,at last ,we accept confirmed irrevocable L/C,do u think it suitble ,please give me a hand.[/size][/i]

100% T/T in advance

not all indian are bilker}9X_v/h h-M

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I8O%nU we do by DP with our india customers. but that is only for false invoice.
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`Sf They pay by TT from other channel, for example, from Hongkong underground bank( in chinese it is called dixia qianzhuang)

Reply #2 mico1020's post

will you customers accept it?
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y+ghT9X6@W`4N2A i have one indian client, with who we do with 30% TT as deposit.

[quote]Originally posted by [i]violet1119[/i] at 2007-7-20 13:35_uFp%]E3X
will you customers accept it?;E!~?8@Px4TH


tg lR,b i have one indian client, with who we do with 30% TT as deposit. [/quote]^5rL3K&r&w
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100% T/T before shipment or L/C at sight----our company's policy, no others.:)

you can tell them first time must 100% T/T, after several deal we can accept the L/C 30 days

poor country~~i don't like them!

"Indian cheats , don't do business with them" these are the exact words the boss told me when i was new to work.
f4gWG0w And actually so far i have never done business with them , but i believe most of them are good in reputation , just take care.

we finished the deal,with payment by confirmed and irrevocable L/C at sight.
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N7~SpP there are some story in this ,i want to share after finished all the shippment and got the paymnemt,beacause i can not sure it' s got a point except got all the payment,then i will share happily
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[[i] Last edited by mayfavorate at 2007-7-29 20:24 [/i]]

waiting for yr story

the draft of our customer's L/C

when a request is given to open a L/C please provide documents as list below FORMAT FOR THE OPENING OF THE LC,PLEASE FILL Itt^Q0N
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31D  Expiry
e1_-E#s(d'VbU        HIPMENT DATE:OE~E#q!g{5P$I
       NEGOTIATION DATE: [Wp ^I{S4z1`3x
51A  Applicant bank:
hVk-iFc"Htd 59    Beneficiary Names&Address:j8C1kb3sT5S
2B    Currency&Amount:
$z8z a6d;s#i 41D  Beneficiary Bank Name&Address with Swift No.#\/yL"x;l1j/\Z+k
42C  Drafts at--  L/C at sight
"@*t,z$_skrA? 42D  Drawee Name&Adress:'V]+Ms s0AW
43P  Partial shipments: allowed
D,oq:l^1E"K G4[ 43T  Transhipment if Any: allowed8Z _3Ep!s@
44A  Loading on Board/Dispatch&Bx/XNIp
44B  Final Destination Port:
O+QM1[&i 45A  Description of Goods:7v~-k RO&I U
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       INCOTERMS: CIF'j
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46A  Document Required: 1.INVOICES 3
4A8fu&rC5O$q~                                      2.BILLS OF LADING 3+3

fzM-N^R-p                                         With Detail of Consignee TO ORDER & Notify Party
|X AM"K DBs8h'V                                         customer's companyq&F3tD2f
                                     3.PACKING LIST 3Mf_;Hi;EmQ$CL }9z
                                     4.INSURANCE
Rm/K1t5W\%@ Z                                      5.QUALITY CERTIFICATE DULY SIGNED BY INSPECTOR OF (customer's company)
\YxcJ$dJ%poO                                      6.THE BILLS OF LADING NUMBER&DATE SHOULD BE MENTION ON THE BILL OF EXCHANGEp@0f8D)X7^
47A  Additional Conditions: 1 Fax copy of invoice ,Packing list&B/L within 5 days from date of Shipment on Fax No.-----J+R#NU[ k^'P1v
71B  Detail of Charges:       All charges out side india will be borne by beneficiary ba9F0c8mVi\5B
48:   Period for Presentation: 10 days form date of shipment but must be in the validity of L/C
~$^2^9J M1i                                           ORIGINAL DOCUMENTS MUST BE SENT IN ONE SET BY DHL COURITER TO STATE BANK OF INDIA,-------

my first call ,and my first customer

[color=Blue][size=4][size=4]  i remembered the calling from my indian customer .frankly speaking, i just hear his fax number and told him my email address word by word,and faxed my detail information to him.because long time no hearing and practice English made me hurry-scurry.and  then i learned the customer had sent a mail to our company mailbox.
9om;L6EW0d    he sent the same content to me.and we found what he inquired is a little fresh to us.we haven't reply him yet,he called again after the first calling."i will come the day after tommrrow." i was suprised at that time.why was it happened suddenly.but i already answered politely "ok,await for your coming and welcome." s1e2j9i)_z/K2AK
   next day , he called again, i'm in ####hotel. can u pick me up? i came to the company just no more than 3 month. i did not know where the hotel is . i repeated the hotel name ,my college nodded and i put my heart back ," OK ,i 'll pick you ,your room no is ###" "B"k"y c'`
   when i got the resaraunt ,i look around and found a man,really i do not who is he as there are also another foreigner there, but there were also some Chinese there, we happend to find each other and realized we  have found the right person coincidely[/size][/size][/color]
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6J)QRZ?}c1x4v [[i] Last edited by mayfavorate at 2007-8-2 11:53 [/i]]

it is a good experience
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IxtRU*} i couldn't remeber how i felt in my first reception of customer

[quote]Originally posted by [i]peonywang[/i] at 2007-8-2 13:53 [url=http://forum.fobshanghai.com/redirect.php?goto=findpost&pid=3087644&ptid=309079][img]http://forum.fobshanghai.com/images/common/back.gif[/img][/url]1Mv}!X-]
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it is a good experience+kOdC7u3D4]}9h
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i couldn't remeber how i felt in my first reception of customer [/quote]
i'i#y+ru-B!Qs ] it would be very happy if you can share here with us ,:) :)

about two years ago, a little long

Wow, that's a nice experience.
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I have never picked up a foreigner so far.
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Sounds pretty good.

To meet and talk to foreigner seems a daily work for me now and i have gont to India for serveral times. Frankly speaking, Indians are not easily to make deals, because they are too strict with their rules but not considering the International rules,and they are also very hard working guys,though not on time for the meeting everytime.

[quote]Originally posted by [i]larrysu[/i] at 2007-8-8 12:49 [url=http://forum.fobshanghai.com/redirect.php?goto=findpost&pid=3090046&ptid=309079][img]http://forum.fobshanghai.com/images/common/back.gif[/img][/url]0m0V
MT:[q1l6j4Gu"|
To meet and talk to foreigner seems a daily work for me now and i have gont to India for serveral times. Frankly speaking, Indians are not easily to make deals, because they are too strict with t ... [/quote]qD dQ!o8T
sounds great, i wonder if we can communicate sometime.

yesterday,another two customer

because of the former customer said he would go back to india,so the future bussiness will be substitute by his colleague,one for marketing ,another for quality.feeling not bad after taking them in,:) hope the future bussiness is all right