we have established import and export trade agency companies in different industries in response to bilateral access thresholds and international trade settlement risks, and have obtained AEO certification, which can effectively assist customers in the smooth implementation of import and export trade.
Foreign Trade Agency
With experienced foreign trade talents and years of accumulated practical cases, IMTCOM provides customers with professional foreign trade contract signing and foreign exchange payment services, which can minimize friction and risks in international trade for enterprises.
It is provided for enterprises without import and export qualifications
Services for signing international trade contracts and international foreign exchange settlement
Access qualifications and professional foreign trade consulting services
Help enterprises to smoothly implement import and export trade
Drafting of contract texts
Clarify the responsibilities and obligations of both parties
Clarify the content and terms of the contract
Reviewed by the Ministry of Justice
Agency
A letter of credit (L/C) is a written document issued by a bank to the beneficiary according to the request and instructions of the issuing applicant with a certain amount of money and a promise to pay with the prescribed documents within a certain period of time. or a letter of guarantee that the bank is willing to undertake the beneficiary's bill of exchange on behalf of the applicant under the specified amount, date and documents.
In international trade activities, buyers and sellers may not trust each other, and buyers are worried that after the advance payment, the seller will not ship the goods as required by the contract; The seller is also concerned that the buyer will not pay after shipping or submitting the shipping document. Therefore, two banks are required to act as guarantors for buyers and sellers, collect and deliver bills on their behalf, and replace commercial credit with bank credit. The tool used by banks in this activity is the letter of credit.
T/T (Telegraphic Transfer) refers to a remittance method in which the remitting bank sends a pledged telegram/telex or SWIFT to a branch or correspondent bank in another country (i.e., the remitting bank) to instruct the recipient to pay a certain amount to the recipient upon the request of the remitter.
T/T is a commonly used trade settlement method in international trade, which has certain risks.
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