| A. PAYMENT TERM |
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1. Payment by T/T |
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Please fax a copy of the aplicant before
issuing it (
), to check with the bank and
shipping lines for term that may cause problem in complience
to avoid unnecessary later costly amendments. |
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AsiaTrade Furniture and Handycraft a direct down
payment on precenting the order, to start the manufacture
of the full container load orders, amounting to 40%
of the total invoice or total sales contract. |
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The balance payment 60% is paid by the T/T (transfered
after received copy of complete document) or L/C. |
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2. Payment by L/C |
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The L/C should be fulfill the following this criteria
(a must) to avoid later costly amendments :
- Irrevocable
- Payable at sight
- Confirmed (must be added by advising bank)
- Issued from recognized bank
- Shipment latest 2.5 month
- Credit valid for 3 month
- Expiry place is Indonesia
- Partial shipment allowed
- Transhipment allowed
- Bill of lading consigned to order of issueing bank
- Fees and banking charges are to aplicant
- Document are to be presented to advising bank
- Clearly against following document only
- Precentage credit amount tolerance +/- 10%
- L/C shoud be advised through our bank :
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