5. Within limited days 60 days maximum (depends on the product and other parameters) after confirmation of the instrument by Seller’s bank and depending on SGS inspection time line loading starts as per delivery schedule agreed in the contract.
6. Buyer’s bank pays for each shipment 100% by DLC at sight in the Loading port against presentation of the shipping documents.
Buyer’s bank pays for each shipment the balance by T/T in the Loading port against presentation of the shipping documents.
7. Vessel sails to destination Port, Seller gives DTA at discharging port and Buyer makes Dip Test / SGS/ CIQ or similar organization. Transportation from destination port is not in the scope of the seller company.( If required the transportation from Destination port to any destination within the country of destination it will be charged extra.)
8. Seller provides insurance in favor of the buyer. (in special case scenario like a pandemic there might be a small delay in the transportation which has to be agreed upon by both seller and buyer.)
9. Cancellation/Revoking of the order after the final contract or the confirmation of order (whichever is first) the buyer is liable to pay 100% of the value mentioned in the final contract to the seller with or without the supply of goods.
10. End of Process.