Terms of Payment
1. T/T (TELEGRAPHIC TRANSFER)
- DEPOSIT Min. 40% for starting production (Order Confirmation) and the balance payment should be done once after the shipment effected (upon faxing or emailing complete copy shipping documents)
- FULL PAYMENT PRIOR TO SHIPMENT EFFECTED
2. IRREVOCABLE L/C AT SIGHT
– Form of Document Credit: IRREVOCABLE
– Draft: AT SIGHT
– Date and Place Expiry: 90 days from opening of L/C at Country of Beneficiary
– Latest Date of Shipment: 60 Days from Opening of L/C
– Available Bank: ANY BANK BY NEGOTIATION
– Transshipment: Allowed
Note: To avoid costly of L/C amendment and other bank charges, draft of the Transfer form or L/C should be faxed before the transfer or opening of the L/C to be done.
ALLOWED DOCUMENTS REQUIRED:
- COMMERCIAL INVOICE
- PACKING LIST
- BILL OF LADING
- CERTIFICATE OF ORIGIN (COO)
- CERTIFICATE OF FUMIGATION
Period for Presentation: WITHIN 21 DAYS AFTER DATE OF SHIPMENT
TERM OF DELIVERY
Total delivery time will be 45 days after down payment in our account at appointed bank
Shipping is not included in the price. All orders sent freight collect
In the event no carrier specified, we are free to appoint a carrier in the best interest of customer
No merchandise may be returned without our proposal