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

L/C letter of credit
3u8y W*L%D1V+^FOB Business ForumT/T Telegraphic Transfer
;J(}!s8Z:O)[9Q"tbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business
%l7P"X4Z+KFOB Business Forumtwo kinds payment

you can go to website for the answers FOB Business Forum$B'^3H ^#z5c"Z3S/m6u
and you will get detailswww.fobshanghai.com#A1W6B-i-l"Y+Q:S:L,y
FOB Business Forum1T9Q4L,~7y)o
Come on and merry christmas

Thanks a million,merry Xmas!

t t used for a small amount FOB Business Forum7{9E4s0h'D1_*V
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.

SAFE WAY:
#z/h)t0]1K$x2]-Zwww.fobshanghai.com:\$n&r)x6w6K
1. T/T, 30% down payment, 70% before shipping.
1U*O n'i%J9q.e/m[A Professional Business Forum] N"Z#d+n T
2. L/C at sight:  30% down payment, 70% paid according cope bill.FOB Business Forum#?7f#a8j%t,U/B9W
FOB Business Forum6l%c*b1p/Z)p)P
[ Last edited by mazy at 2008-2-24 15:25 ]

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.