Does somebody knows how secure are "TelegraphicTransfers" and should I worry if an Asian company work with it?

Question

I have a chance to buy electronic products from Asia but looks like all companies over there work with the following payment methods...
T/T (Telegraphic Transfer)
D/P (Down Payment)

Looks strange to me or may be this is their way of payments...?
Any suggestions...

Answer 1

If the amt. involved is large you can give a conditional Letter of Credit through a bank with an inspection clause to be conducted by an authorized company and you could avoid the possible fowl play.

Answer 2

no