What the heck is T/T in Advance?
June 29, 2010 7:45 PM Subscribe
I am trying to order a couple of fans for a CNC machine which I have only been able to find at a company in South Korea. Their price quotation states the following:
WE ARE PLEASED TO QUOTE YOU THE UNDERMENTIONED GOODS ON THE TERMS AND CONDITIONS DESCRIBED AS FOLLOWS :
PRICE TERMS : FOB INCHON AIRPORT (BY DHL) DELIVERY : 7 days upon receipt of a official order. Buyer selects Carrier & method of delivery
at Buyer's cost. Applicable Duties & Taxes to be paid by Buyer. PAYMENT : 100% T/T IN ADVANCED
PACKINGS : EXPORT STANDARD PACKING VALIDITY : July 15, 2010
posted by digsrus to shopping (13 answers total)
How does one select the carrier and method of delivery? Or figure the applicable duties & taxes? I gather the T/T in Advance refers to a bank wire transfer. Is there any scamming potential there? I am located in the US. Any help here is appreciated.