Terms of Trade
All agreements made between us and the buyer must be confirmed in writing and sent via electronic mail (Email).
Our Terms of Payment shall also apply to all future transactions with the buyer which will be handled in either T/T or SBLC system of payment;
PAYMENT TERMS: T/T (TELEGRAPHIC TRANSFER)
1. FIRST TRIAL ORDER OF THREE CONTAINERS, BUYER PAYS 40% TT ADVANCE PAYMENT AGAINST PRO FORMA INVOICE TO COVER
1. SHIPPING FEES
2. IM DUTIES
3. PACKAGING & LOGISTICS
4. DOCUMENTATION
5. THIRD PARTY VERIFICATION (SGS)
60% TT AGAINST BILL OF LADING AND ALL OTHER SHIPPING DOCUMENTS BEFORE VESSEL DEPARTURE.
OR
2. SECOND FOR LARGE ORDERS, BUYER PAYS 30% TT ADVANCE PAYMENT AGAINST PRO FORMA INVOICETO COVER
1. SHIPPING FEES
2. IM DUTIES
3. PACKAGING & LOGISTICS
4. DOCUMENTATION
5. THIRD PARTY VERIFICATION (SGS)
70% TT AGAINST BILL OF LADING AND ALL OTHER SHIPPING DOCUMENTS UPON ARRIVAL OF GOODS AT DESTINATION PORT SUBJECT TO SGS INSPECTION.