Respected Sir,
1]We are in receipt of an order in USD from our Indian Customer only.
2]He wants us to export it directly to his Overseas customer in Thiland.
3]Our two vendors are in USA. Terms are FOB USA Port. From their we want to export directly to the overseas client of our Indian customer i.e.to Thiland. This will save the cost of frieght & time for bringing the material to Indian port & against export to Thiland.
Query :
1]Can we open LC in favour of our USA supplier? ( material is directly going from USA to Thiland)
2]Or can we make payment to our USA supplier thru TT?
Please advice.
