Chinese language – FAQ’s ABOUT PAYMENT TYPE’s & DEFINITIONS !!!!

This is an easy to find reference of noteable posts on various types of payment. This way new members can look for answers in one place instead of posting the same and similar redundant posts. Just copy and past the link in your browser window.  As more articles come available this will be updated.

This thread will deal with:    L/C’s – T/T – PayPal – UCP600 & ISBP – Escrow.com – Western Union, xoom, Money Bookers and any other payment that comes up. but for now these are the most talked about forms of payment.

Resources:

1. L/C’s – Letters of Credit

http://resources.alibaba.com/topic/273718/L_C_Contract_Question_PLEASE_HELP_ME__.htm

http://resources.alibaba.com/topic/270057/HELP_Two_LC_amended_under_one_advice_.htm

http://resources.alibaba.com/topic/13917/Operative_amp_pre_advised_LC_s.htm

http://resources.alibaba.com/topic/259543/Can_someone_explain_to_me_what_type_of_payments_there_are_.htm

http://resources.alibaba.com/topic/227861/L_C_matters.htm

http://resources.alibaba.com/topic/248479/How_to_formulate_LC_terms_.htm

http://resources.alibaba.com/topic/156601/Re_BACK_TO_BACK_LETTERS_OF_CREDIT.htm

http://resources.alibaba.com/topic/231202/Irrevocable_at_Sight_by_Payment_VS_Irrevocable_at_Sight_by_Negotiation.htm

http://resources.alibaba.com/topic/17014/How_to_verify_L_C.htm

1a. L/C  Clauses

http://resources.alibaba.com/topic/227861/L_C_matters.htm

http://resources.alibaba.com/topic/14333/LC_Payment_with_Subjective_Clauses.htm

1b. D/P – documents against payment

http://resources.alibaba.com/topic/248079/What_can_be_Fraudulence_on_D_P_at_sight_Payment_term__.htm

1c. D/A – documents against acceptance

http://resources.alibaba.com/topic/247421/D_A_peyment_is_Secure_Safety.htm

2.  Standby Letter of Credit (SBLC) & Bank Guarantee (BG)

http://resources.alibaba.com/topic/191089/LC_and_BANK_GUARANTEE_COMPARED_.htm

3. T/T – Bank to Bank Wire Transfer

http://resources.alibaba.com/topic/5782/Why_China_prefers_TTs_.htm

http://resources.alibaba.com/topic/246899/Would_advice_me_about_the_T_T_account.htm

4. PayPal – Ebay owned payment system

http://resources.alibaba.com/topic/190957/WHY_IS_IT_SO_HARD_FOR_CHINESE_COMPANIES_TO_ACCEPT_PAYPAL.htm

http://resources.alibaba.com/topic/225732/PayPal_More_on_Alibaba_.htm

http://resources.alibaba.com/topic/231302/Without_paypal_How_to_win_people_s_trust_and_do_online_business_in_this_age_.htm

5. UCP600 & ISBP – ICC Rules pertaining to International Banking relating to International Trade

http://resources.alibaba.com/topic/273933/Ask_an_Expert_L_C_s_UCP_600_ISBP.htm

6. Escrow.com – Payment system that allows for receipt and inspection of product before release of funds

http://resources.alibaba.com/topic/254636/Escrow_Payment.htm

http://resources.alibaba.com/topic/239620/Escrow_and_Alipay_which_do_you_prefer_.htm

7. Western Union, xoom, Money Bookers – Wire transfer option payment person to person

http://resources.alibaba.com/topic/235226/Western_Union_T_T_Bank_Transfers.htm

http://resources.alibaba.com/topic/227173/DONT_LIKE_W_U_Another_method_LOOK__.htm

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Learn Chinese, Learn mandarin, Learning Materials, Mandarin audio lessons, Chinese writing lessons, Chinese vocabulary lists, About Chinese characters, News in Chinese, Go to China, Travel to China, Study in China, Teach in China, Dictionaries, Learn Chinese Painting, Your name in Chinese, Chinese calligraphy, Chinese songs, Chinese proverbs, Chinese poetry, Chinese tattoo, HSK, HSK exam, Chinese Exam Preparation, China Business, China Travel, Mandarin Phrasebook, Chinese editor, Pinyin editor, China Travel, Travel to Beijing

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