Tag - Choose T/T or L/C for steel rail business?

Choose T/T or L/C for steel rail business?

Most steel rail business all be bigger amount trading, normally should use L/C, but L/C will increase the operation cost, if we believe each other,  T/T will be conveniency and easy to operate. Since COVID-19, a lot of country faced poor situation of economy, some country and area don’t follow the international rule, plus their government support them, they can take the goods without bill of lading and other documents, especially in India and South America area, so our freight forwarder [...]

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