How Do We Settle The Account?

Standard Payment Method:

● 30% deposit via TT (Telegraphic Transfer)
● 70% balance via TT upon presentation of Bill of Lading

Letter of Credit (LC) Process:

● Buyer deposits funds with issuing bank
● Bank issues LC and notifies seller’s advising bank
● Seller ships goods per contract/LC terms
● Bank releases payment to seller upon compliance

Note: Both methods ensure secure transactions for international trade.