Payment Term and Conditions

PAYMENT TERMS AND CONDITION

  1. Preferred Term of Sale: FOB ( Free of Board)
    • Port Loading: SEMARANG PORT
  2. Package:
    • CORRUGATED WRAPPING PAPER / SINGLE FACE PAPER (Standart of Package)
    • CARTON BOX and Other packing requirement will add the cost
  3. Production Time:
    • Around 30 to 45 working days
  4. Order Volume:
    • Minimum 1 X 20ft Container
  5. Payment:
    • T/T (TELEGRAPHIC TRANSFER)
    • IRREVOCABLE L/C AT SIGHT
    • 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

DETAIL PAYMENT AND DOCUMENT REQUIRED AS FOLLOWS:

  1. Payment by Telegraphic Transfer (T/T)
    • FULL PAYMENT PRIOR TO SHIPMENT EFFECTED
    • 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)
  2. Payment by Letter of Credit (L/C)
    • Form of Document Credit:
    • IRREVOCABLE
    • Draft: AT SIGHT
    • Date and Place Expiry: 90 days from opening of L/C at Country of Beneficiary
    • Late Date of Shipment: 60 Days From Opening of L/C
    • Available With… By:ANY BANK BY NEGOTIATION
    • Transhipment:ALLOWED

DOCUMENT 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

 

Please feel free to contact us with any questions you may have, we will be glad to help you in any way we can.