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  1. #1
    crackah's Avatar
    crackah is offline YE Veteran
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    Export help

    I want to know what the costs etc are of exporting a container.

    Im wanting to load a full container and sell it to another country with pc systems.

    My question is how can I find people willing to buy the systems, Alibaba seems like a complete joke to me, and how can I actually certify they are legit.

    Also how would payment work, would they pay first then I send or how would it all work.

    Thanks.

  2. #2
    E320 is offline Senior Member
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    Cool

    As for how payment works…

    • T/T payment in advance
    T/T means telegraphic transfer, or simply wire transfer. It's the simplest and easiest payment method to use.

    T/T payment in advance is usually used when the sample and small quantity shipments are transported by air. The reason why is that the documents like air waybill, commercial invoice and packing list will be sent to you along with the shipment by the same plane. As soon as the shipment arrives, you can clear the customs and pick up the goods with the documents. As it's acknowledged, T/T payment in advance presents risk to the importer if the supplier is not an honest one.
    It takes 3-4 days for us to received the wire transfer made from anywhere in the world.
    • Letter of credit
    An irrevocable Letter of Credit is also an often used payment method. It is often referred to an L/C. Letters of Credit are formal payment methods that offer a lot of protection to the parties.

    Simply put, a letter of credit is a letter written by the importer's bank to the exporter. It verifies that the payment will be guaranteed when the bank is presented with the concrete documents (bill of lading, and freight documents). Most letters of credit are "irrevocable" once the importer has had them sent.

    A letter of credit usually includes applicant (you, the importer), beneficiary (our I/E agent), opening bank, negotiating bank, specification and quantity of the goods, amount of money, loading port and destination port, shipment date, the validity date of the L/C, terms and conditions agreed by both the importer and seller, and the documents required by the importers (bill of lading, commercial invoice, packing list, insurance certificate, etc.)

    The L/C payment procedure is usually as follows:

    a. You (the importer) applies to open the L/C to us (the seller) through a bank who can open the L/C in your country.
    b. The opening bank will inform The Bank of China that the L/C has been opened.
    c. The Bank of China will inform us that the L/C has been established.
    d. We'll check all the terms and conditions listed in the L/C. If all terms and conditions are acceptable, we'll arrange the shipment within the time specified in the L/C.
    e. After the goods are loaded onto the ship without any damage, the captain will issue the clean bill of lading to us.
    f. We will submit the clean bill of lading and other relevant documents to The Bank of China to gather the payment. Only with clean bill of lading can you claim the ownership of the goods.
    g. The Bank of China will send the clean bill of lading and relevant documents to your bank (the opening bank).
    h. The opening bank will inform you that all documents are received.
    i. You will go to the bank to make the payment to get the clean bill of lading and relevan documents.
    j. With all of these documents, you can clear the import Customs and pick up the goods after the goods arrive on the destination sea port.

    L/C is used for the larger quantity order shipped by sea.

    The typical L/C scenario takes 14-21 days to complete.

  3. #3
    adamwade's Avatar
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    Where are you looking to send the container to / from ?

  4. #4
    innagle is offline Junior Member
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    Hi Crackah,

    Just contact an ocean freight forwarder (eg. Maersk) and ask for the cost for a Full container load (FCL) for a 20 or 40 ft container for a given route. Remember to tell them that you want to ship electronics.

    Cheers,
    Bjarne
    www.innagle.com - a free service, supporting a global market

  5. #5
    rogercbryan's Avatar
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    Textile Fiberspace -- Used Clothing Exchange Listings

    Try this link. I use it for wholesale clothing but I think you could post a listing for what you have. This is one of the best sites for moving full containers or truck loads.

  6. #6
    PauloT's Avatar
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    I would HIGHLY suggest visiting the place where you want to ship these items to and find a person/company who is willing to buy them.
    take a look for yourself if it will be profitable and make a simple contract.
    dont trust people over just e-mails. unless its a big WELL-Know company, which might be unlikely in your case.

    Costs are not too high for export, FOB origin may be the way to go in your case.

    if its your first time
    get a broker and ask many questions

  7. #7
    yourhostingspot.com's Avatar
    yourhostingspot.com is offline Senior Member
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    What up Crackah,
    I always use an L/C. Its costly though, so you do have to keep that in mind. In the U.S. it costs about $350-1,000, but it does protect you. Do research and try and use an international bank, it will be safer and it usually costs less.

  8. #8
    crackah's Avatar
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    okay thanks for the replies guys.

    Just wondering to see if its possible to sell obsolete computers, eg pentium 3 systems to 3rd world countries and make a profit.

    Thanks. I will have to read up about this more when I have time.

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