Rice
Terms and conditions
At first contact, please give us the following information:
- Your company's name, address, registration number and contact information.
- Whether you are the end buyer or not.
- Product specification, country of origin, brand (if any), quantity, shipping term and port.
- Name and branch of the bank that will issue the bank instrument.
Payment terms:
- Guarantee for spot: Documentary LC, also referred to as "LC at sight".
- Guarantee for contract (up to 12 months): SBLC, ARDLC or BG.
- The seller issues 2 % Performance Bond to activate the bank instrument.
- Payment by MT 103 against documents specified in the bank instrument.
Delivery: The date of the B/L is considered to be delivery date.
- 15-30 days after receiving the bank instrument.
Commonly used Incoterms:
Inspection of the goods:
Packing and shipping:
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