We offer various and flexible terms of payments to our clients, which includes but not limited to the common ones mentioned in this section.
Advance payments terms:
This payment term works by TT (Bank telex transfer), were clients wire down payments between 20% – 50 % of the total invoice amount or as agreed, the balance remaining payment will be wired immediately upon faxing/emailing the total set of documents copies and after the goods are dispatched.
Letter Of Credit term
This type of payment is the most popular to our clients. In this method of payment, we only approve the sight LC mode
Documentary Collection term
We use two types:
- Documents against payment (D/P): which requires our client (importer) to pay the face amount of the draft at sight.
- Documents against acceptance (D/A), which requires our client (importer) to pay on a specified future date. This type is used only with our regular clients.