0 Term and Condition

Term and condition

1. T/T (TELEGRAPHIC TRANSFER)

• FULL PAYMENT PRIOR TO SHIPMENT EFFECTED
• DEPOSIT Min. 30% 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).

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:

1. ATE OF ORIGIN (COO)
2. PACKING LIST
3. BILL OF LADING
4. CERTIFIC
5. COMMERCIAL INVOICE
6. CERTIFICATE OF FUMIGATION

Period for Presentation: WITHIN 35 DAYS AFTER DATE OF SHIPMENT