Types of payments terms in EXIM BUSINESS UNSAFE PAYMENT TERMS 1. OPEN ACCOUNT TERM : In this term buyer get chance to his marzi. He can do anything to your payments. NEVER ACCEPT THIS PAYMENT TERM. 2. (DP) DOCUMENTS AGAINST PAYMENT TERM : NEVER ACCEPT THIS PAYMENT TERM. In this term buyer will say send me scanned copy of documents and if you send like his comments then you can get stuck. When you will send your products/things / container to the foreign port their custom will ask ORIGINAL DOCUMENTS TO FREE CONAINER FROM THAT PORT THEN WHAT WILL HELP GIVE. If he deny to accept the. You will be in. Trouble. So NEVER ACCEPT THIS PAYMENT TERMS. SAFEST PAYMENT EXIM TERMS L.C. (LETTER OF CREDIT) THIS IS ONE OF THE SAFEST PAYMENT TERMS IN EXIM BUSINESS. Bhaiyya pahle Paisa baad mein Maal. In this term BANK IS MEDIATOR BETWEEN BUYER AND SELLER. BANK WILL ACT AS GUARANTER BETWEEN BUYER AND SELLER. T.T. (TELEGRAPHIC TRANSFER) SAFEST TERM OF L.C....
Cashew Export Promotion Council of India: India is the largest exporter of cashew kernels and cashew nut shell liquid (CNSL). The Cashew Export Promotion Council of India or CEPC or CEPCI was established by the Government of India in 1955, with the active cooperation of the cashew industry with the object of promoting exports of cashew kernels and cashew nut shell liquid from India. It is headquartered in Mundakkal in the city of Kollam, Kerala.The Council serves as an intermediary between importers of cashew kernels and exporters who are members of the council. The council is also supposed to deal with any disputes on exports or imports arising on account of quality standards, breach of contractual obligations, etc. It undertakes numerous activities, such as organizing global buyer-seller meets, organizing studies on the nutritional aspects of cashew and providing support to cashew processors and exporters for improving infrastr...
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