1) TT Payment (Telegraphic Transfer)
- Basically with all new/ first time customers we do prefer to receive full amount agreed (CIF or C&F) via wire transfer before shipment of the vehicle to destination port of the requested country.
- With our regular customers we mostly use 70% advance, and 30% balance payment with in a week after presenting the B/L (Bill of Lading) copy to the buyer/ (Our customer but not so frequently buying).
- We do offer sometime 50% advance payment and 50% balance payment within a week, after presenting the B/L copy to a buyer who is buying the vehicles from us on regular basis ( every month order).
2) L/C (Letter of Credit)
We also do accept the payment through Letter of Credit means (L/C), because of considering the compulsion of the buyer by their local government payment procedure/ (Note* We adopt this system in those countries only where we found no economic turmoil or political unstability)