Packaging Credits for transactions with TT as mode of paymen

Simple is Beautiful; the only thing came in my mind when thought of documentary collection. And I think more and more people are thinking the same in these days. Documentary Collection offers us far greater security than selling on open account; but not as much as a documentary credit. We should therefore be more cautious before starting selling using this method of payment. Documentary Collection Forum is an effort to help you on this way – admin; besttradesolution.com
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Danny
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Joined: Wed Sep 11, 2013 4:51 pm
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Packaging Credits for transactions with TT as mode of paymen

Post by Danny » Wed Sep 11, 2013 4:59 pm

Please what is the best transaction dynamics for packaging a credit for a client who does TT to his foreignsupplier, rather than bills or LCs, without having to ask for any tangible collateral
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