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What is the safe method to transfer payment? Letter of credit or wire transfer?

Accounting Economics Finance
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Question added by Mohammad Zaid abu odeh , Senior Accountant , Mega Food Industries And Products Exports L.L.C
Date Posted: 2015/07/01
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lakshminarasimham mallareddi
by lakshminarasimham mallareddi , Manager Finance & Accounts , M/s. Vandana Global Limited, Raipur, Chhattisgarh

Correct answer is Wire transfer method is the safe method to transfer payment.

Gyasuddin Ahamad Ansari
by Gyasuddin Ahamad Ansari , Accountant , Shiv Shakti Dall Mill Pvt.Ltd.

the safe method to transfer payment is lc .b cause there is no chance to have fraud 

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