Letter of Credit

Letter of Credit (L/C): All You Need to Know A letter of credit (L/C) is a widely used payment method in international trade. It is a financial instrument that guarantees payment from a buyer to a seller. In this article, we will discuss everything you need to know about letters Read more

By SMT CHINA, ago

International trade payment conditions

Mastering International Trade Payments: Understanding Payment Conditions and Methods International trade can be complex, and one of the most important aspects to understand is the payment process. There are several payment conditions that are commonly used in international trade, and understanding each of them is crucial for both buyers and Read more

By SMT CHINA, ago

Ocean Freight Shipping

What You Need to Know When it comes to shipping goods internationally, ocean freight is a popular option for many businesses. In fact, about 90% of goods are shipped through the sea. But what exactly is ocean freight, and is it always the best option for your business? In this Read more

By SMT CHINA, ago