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    #1

    payment terms

    Our clients come to our company for consulting purpose. Normally we would ask them for some questions below.

    1. What business are you in (including the products)?
    2. How do you pay your suppliers? (e.g by letter of credit, Open Account 30 days)
    3. How do your customer pay you? (e.g by letter of credit, Open A/C 30 days)

    Could anybody tell me how to ask the above questions naturally?

    LC terms will be LC at sight, LC 30 days or LC 90 days. Payment terms for Open Account will be 30 days. Is it correct to ask "What is payment terms of the LC or open account?

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    #2

    Re: payment terms

    The questions you have written sound natural to me.

    Maybe you can add:
    Why type of business are you in? What product(s) do you deal with?

    not a teacher

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    #3

    Re: payment terms

    Quote Originally Posted by tedmc View Post
    The questions you have written sound natural to me.

    Maybe you can add:
    Why type of business are you in? What product(s) do you deal with?

    not a teacher
    Thanks tedmc

    If I want to ask how long your customers pay you, is it natural to say "For telegrahic transfer(T/T) payment, how long do your customers pay you when the goods are delivered"? Are there any suggestions?

  1. Matthew Wai's Avatar
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    #4

    Re: payment terms

    'How long after the goods have been delivered will your customers pay you by telegrahic transfer?'

    Not a teacher.

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    #5

    Re: payment terms

    Quote Originally Posted by Winwin2011 View Post
    Thanks tedmc

    If I want to ask how long your customers pay you, is it natural to say "For telegrahic transfer(T/T) payment, how long do your customers pay you when the goods are delivered"? Are there any suggestions?
    That would be an difficult question to answer. How long the customers take to make payments varies a lot in any business and has nothing to do with the mode of payment.

    How long on average do your customers take to settle payment upon delivery of goods?

    not a teacher

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    #6

    Re: payment terms

    Thanks Mathew & tedmc

    When I click the "Thanks" button, it didn't work.

    Usually how long do your customers pay you when the goods are delivered"? It is natural?

  2. lotus888's Avatar
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    #7

    Re: payment terms

    Quote Originally Posted by Winwin2011 View Post
    Our clients come to our company for consulting purposes. Normally we would ask them questions as below.

    1. What business are you in (including the products)?
    2. How do you pay your suppliers? (e.g by letter of credit, Open Account 30 days)
    3. How do your customers pay you? (e.g by letter of credit, Open A/C 30 days)

    Can anybody tell me how to ask the above questions naturally?

    LC terms will be LC at sight, LC 30 days or LC 90 days. Payment terms for Open Account will be 30 days. Is it correct to ask "What are the payment terms of the LC or open account?

    We often say net 30 or net 60 for expected payment within a specific period of time.



    --lotus
    Last edited by lotus888; 17-Apr-2015 at 17:51.

  3. lotus888's Avatar
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    #8

    Re: payment terms

    Quote Originally Posted by Winwin2011 View Post
    Thanks tedmc

    If I want to ask how long your customers pay you, is it natural to say "For telegrahic transfer(T/T) payments, how long does it take for customers to pay you after the goods are delivered"? Are there any suggestions?

    There are other ways to say it.



    --lotus

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    #9

    Re: payment terms

    Quote Originally Posted by lotus888 View Post
    There are other ways to say it.



    --lotus
    Thanks lotus

    What do you say that?

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    #10

    Re: payment terms

    Can we say "What is the payment terms of your suppliers?"?

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