Yes, DP is safe payment terms for trade but in DP it might be possible that importer might not visit his bank to collect the documents, so before sending the goods in DP or DA, we must take care of following matters.
-> Take a portion amount in advance and rest in DP for Example 25% Advance TT against PO & rest 75% DP via bank.
if we take some proportion in advance then it would trigger them to collect the documents via bank.
-> Even 100% DP could be done but you must get a NOC from the buyer because they might not approve your consignment to take it back in your country.
-> ECGC Cover is must in this deal.
-> Bill of Lading should be marked "To Order" so that ownership remains with the exporter until importer pay the money for goods via bank
-> Bank Conformation letter must also be obtained
A bank confirmation letter (BCL) is a letter from an importer's bank confirming the existence of amount & capacity to buy these goods from Exporter.