Payment Terms

WHAT WE PREFERRED THE PAYMENT MODE ?

  • We preferred the currencies mostly in EURO, GBP & USD for the mode FOB / CNF BY SEA or AIR etc.
  • We accept payment by a confirmed irrevocable and transferable letter of credit payable at sight through any commercial bank in INDIA.
  • We also accept T.T payment in advance (50%, 50% & 75%, 25% if needed).

OUR TERMS & CONDITIONS

  • Payment of L/C Terms : At sight / Usance as per negotiating bank’s instruction.
  • L/C Available with/by : Credit is available with any bank in India by negotiation at sight / usance.
  • Type of Documentary Credit : Irrevocable and transferable.
  • Partial Shipment and Trans Shipment : Allowed
  • B/l Clause : Full set clean on board original bill of lading issued into “The order of negotiating Bank ” and endorsed by the same bank in favour of L/C opening bank and marked ” Freight Collect” or Freight Prepaid”.
  • For Sea Shipment : Presentation of Documents : 10 days from the date of Bill of Lading.
  • For Air Shipment : Presentation of Documents : 5 days from the date of Airway Bill.
  • ICC Publications No: L/C must be subject to ucpdc 2007 revision icc publication no 600

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