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