We accept CIF only and no fob payment .With non-transferable irrevocable 100% lc at sight.We can sell min quantity 50mt with maximum quantity:5000-7000mt per month.
Inspection conducted by CCIC.Buyer pays 50% inspection for SGS inspection if they insist on SGS inspection
procedure: Buyer signs contract, opens non-operational LC, inspects factory, issue operational LC .
From Jan 1-23 before the chinese Lunar year payment shall be 50% TT AFTER loading the goods and sealing the container at the loading port, payment shall be after 24 hours of the initial 50% TT.After the vessel sails, seller gets the original BL within 3-4 days, then there is a face-to-face check with the original BL with the buyer, if all is okay, buyer transfers balance 50% to the seller within 48 hours.Seller gets bank slip and buyer takes the original document from Jan 1-23.
FULL LC commences after Chinese Lunar Year Feb 12.
