PAYMENT METHODS
STANDARD PAYMENT OPTION ACCEPTABLE IN THE INTERNATIONAL TRADING MARKET IS AN IRREVOCABLE, UN-RESTRICTED, NON TRANSFERABLE BANK LC , PAYABLE 100% AT INVOICE VALUE AT SIGHT IN THE COUNTRY OF THE BENEFICIARY. NOTE THAT IN MOST INSTANCES THAT PRODUCERS PREFER THE NON TRANSFERABLE LC INSTEAD OF A TRANSFERABLE LC.
SECOND OPTION OF PAYMENT IS FROM 30 % TO 50% IN ADVANCE AFTER THE SALE & PURCHASE AGREEMENT IS SIGNED BETWEEN THE SELLER & BUYER, WHILE REMAINING AMOUNT (70% TO 50%) THAT BUYER SHALL ARRANGE REMITTANCE (TT) WITHIN 48 HOURS FROM THE DATE OF RECEIPT OF THE SCANNED COPY OF THE ORIGINAL DETAILED ANALYSIS REPORT FROM THE SELLERS; COMPLETE SET OF THE ORIGINAL SHIPPING DOCUMENTS SHALL BE FORWARDED TO THE BUYERS ONCE THE GOODS ARE SHIPPED AND A SET OF ORIGINAL ON-BOARD BILL OF LADING IS RECEIVED.