1. Payment by T/T
- Please email or fax a copy of the aplicant before issuing it (62-271-7892000), to check with the bank and shipping lines for term that may cause problem in complience to avoid unnecessary later costly amendments.
- Axel Furniture 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.
- The balance payment as per commercial invoices paid by the T/T (transfered after received copy of complete document) or L/C.
2. Payment by L/C
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%
