TT and L/C

I am a freshman for internation trade,someone who tell  us about TT and L/C meaning?Thanks!

L/C letter of credit
gB*y~q Nz T/T Telegraphic Transfer4cCq D2X8j0L@,s6x:c,c

;F I&z)[L!js:s;o two kinds payment

you can go to website for the answers `1r4C5amc]:dQ B
and you will get details
&RGV5gt/i
+zf+Irv{ Come on and merry christmas

TT and L/C

Thanks a million,merry Xmas!:handshake

t t used for a small amount v6@)UE S
l c usd a large amount

perhaps you said T/T pay for a small ,and L/C pay for a large is the usually status.but some buyer of foreign country almost use T/T at all,and some almost use L/C .they never consider the amount are small or large.there are just them habits.

AMICO PIPE

:) :) SAFE WAY:F? X0w c0\'I5C
4Bn2b)i1^PS
1. T/T, 30% down payment, 70% before shipping. D!NhQc;R,E M8{

:Te+E;D%p 2. L/C at sight:  30% down payment, 70% paid according cope bill.
U"w;T'L.R5H0[N]s 2X.I.aR#e3B
[[i] Last edited by mazy at 2008-2-24 15:25 [/i]]

for Seller: TT is better,for buyer L/c is better

Thanks a lot, I am a freshwoman for purchasing field, and I will be purchasing equipment from abroad, so TT & LC knowledge is very important for me.