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100% Deposit to Open Letters of Credit

letters of creditDays Jie of China officially launched the “on behalf of open letters of credit” and “pay the foreign exchange” services, and import customs clearance agent on a one-stop service.

Most often, 100% of our Buyers issue an irrevocable letter of credit, since there are many domestic buyers without the right to import and export, we provided the Secretary Zheng Shi, “Dai open letters of credit and pay the foreign exchange” service.

At present, our company only accept 100% margin on behalf of open letters of credit.

Specific processes are as follows:
1) Customer to the Division I signed, “agent contract.”
2) The seller clearly reviewed the basic information to determine and provide the sales contract.
3) The customer paid to the Division I a 100% margin and the bank issuing the letter of credit fees and commissions from our company.
4) After receiving the deposit from Division I, customer has 2 days for the order of the letters of credit.
5) For documents and files to Hong Kong, our company help customers complete the clearance, shipping and other formalities.

Paying the exchange process and the generation of the basic processes is similar to open letters of credit.