Payment System

• L/C or Escrow (for transaction security)

• Special for L/C China: Ready BOC (Bank of China)

• FOB (Free On Board)

• CIF (Cost, Insurance, and Freight)

Term of Payment

• 50% Down payment deposit or PO (Purchase Order)

• 30% After the goods are loaded at the Port

• 20% (TT) must be paid in full after the original shipping documents (Bill of Lading, COO, etc.) are released to the Buyer.

Export Documents Provided by Seller:

1. Commercial Invoice

2. Packing List

3. Bill of Lading (Original)

4. Certificate of Origin (COO/SKA)

5. Export Declaration (PEB)

6. Specific certificates according to commodities (Phytosanitary, Health Certificate, etc., if required).