The great advantage of the letter of credit is the additional security that two contracting parties achieve in commercial transactions. By involving a bank, both the buyer has the security that the money will not be debited until all conditions are met. Likewise, the seller has the security that he will receive the money for his goods.
The disadvantages of a letter of credit are the increased administrative costs and the fees that the banks have to pay. The amount of the fees depends on the respective bank and is usually around three percent of the total amount of the documentary credit. It is possible for the buyer and seller to share the costs of the documentary credit. After all, both benefit from the additional security of their transaction.
Those who use online payment systems such as PayPal to shop on the Internet rely on a modified form of the documentary credit. In this case, you instruct PayPal to pay a merchant an amount in Exness. You have concluded the purchase contract with him yourself. PayPal transfers the money to the merchant's account in trust. In return, you receive the ordered goods at the agreed conditions. PayPal then debits the invoice amount from your deposited account.
The difference to letters of credit in foreign trade is that PayPal can act both for the merchant and for you as a payment advice bank and opening bank in one. Thus, in this case, a letter of credit can also only be processed between three actors.
In practice, different forms of documentary credits are agreed upon. These types are briefly presented below. They can be roughly differentiated with regard to their performance, the obligation and the conditions.
Please notify us via fax at (770) 447 – 9368 or email at [email protected] of shipments you are scheduling for us, identifying the carrier and shipper prior to the shipment arriving at our location.
Send all LTL, truckload and UPS/Fed-Ex shipments to:
YOUR NAME – PROJECT/SIDEMARK
C/O TriMarc Installation
5952 Peachtree Industrial Blvd., Suite 2
Norcross, GA 30071
All LTL and truckload shipments must call us at (770) 447-9308, 24 hours prior to delivery.
Customer Pick-ups: Monday – Friday, 8:00AM – 3:30PM (Closed 12PM – 1:00PM).Minimum 24-hour notice for customer pick-up.
Receiving Rates:
If TriMarc Installation pays COD Freight, a 15% handling fee will apply.
Customers may pick up items Monday – Friday from 8:00AM until 3:30PM
Minimum 24-hour notice for customer pick-up.
$10/piece dock charge for pick-up by another carrier or customer pick-up.
TriMarc is not responsible for damages incurred due to improper loading or type of vehicle used.
If you need specialized installation services for your project, look no further than TriMarc Installation. We have the experience to get the job done right, on time and on budget.
If purchasing through ADG Interiors, a brand of Atlanta Design Group:
Regular | Overtime (after 8 hours) | |
---|---|---|
One man and a truck: | $80/hour | $110/hour |
Two men and a truck: | $120/hour | $160/hour |
Three men and a truck: | $155/hour | $210/hour |
Four men and a truck: | $190/hour | $255/hour |
Four men and TWO trucks: | $220/hour | $285/hour |
Five men and TWO trucks: | $260/hour | $335/hour |
Six men and TWO trucks: | $295/hour | $380/hour |
Additional men: | +$40/hour | +$50/hour |
Additional truck: | +$30/hour | +$30/hour |
We have negotiated competitive freight rates with regional and national freight carriers. Take advantage of our discounts by using our freight carriers to ship. We can arrange to ship your items to and from our facility. TriMarc Installation is invoiced directly eliminating the need for CODs. Please visit our Contact Us page or call us at (770) 447 – 9308 for your next shipment.
It happens, and we can help!
Crypton Fabric Protection Service:
Chairs: | $20 – $59 |
Sofas: | $79 – $89 |
Sectionals: | $169 – $207 |
Please call (770) 447-9308 to learn about our furniture repair service.