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in wha circumstnces pay for performance is appropriate and why
go to the payment request’s Payment Plus tab to get the account information that I give to the supplier when I make the purchase
go to the payment request’s Payment Plus tab to get the account information that I give to the supplier when I make the purchase
go to the payment request’s Payment Plus tab to get the account information that I give to the supplier when I make the purchase
A civil suit judgment is against the person who is named in the lawsuit. Unless there are extenuating circumstances, the wife would not be liable for the payment.
There are quite a few ways to explain to a supplier why there might be a delay in payment. The truth is often the best course of action.
payment to supplier
In the case of foreign trade, payment is always done through banks. The supplier assigns a bank and the customer assigns a bank. The deal happens between these two banks only. Cash Against Document (CAD): The supplier produces the documentation through its bank to the clients bank, then the client's bank hand overs the documents to its client against receiving payment. After that, the client's bank transfers the money to supplier's bank. Letter of Credit (LC): The supplier produces the documentation through its bank to the client's bank. The client's bank directly pays against the document's submission, so the risk is on client's bank. Hence, the trust worthiness factor increases, as the client's bank guarantees the payment against documentation. It is always preferable when both parties lack trust and want more security. The basic difference is in CAD the client pays the money to its bank and the bank sends it to the supplier's bank. With LC, the client's bank pays the money without failing against documentation, so in LC the supplier is more assured of getting the money.
Take all of your documentation to a decent attorney.
First time we have procured the goods from overseas and made payment in time due to global recession at present we can not do payment in time and explain to supplier that at present we can not do the payment but payment will be made within the end of the month and also require some material from you also. So give me a effective reply to understand and give me time for payment and material.
dr. supplier cr. bank
WHat is the DA = Payment against acceptance