PAYMENT


Payment of L/C :
  At sight as per negotiating bank's instruction.
  L/C Available with/by :
  Credit is available with any bank in Bangladesh by negotiation at sight.  
  Type of Documentary Credit :
  Irrevocable and transferable.  
  Partial Shipment and Trans Shipment :
  Allowed  
  B/L Clause :
  Full set clean on board original bill of lading issued unto the order of negotiating bank and endorsed by the same bank in favor of L/C opening bank and marked freight collect.  
  Presentation of Documents :
  21 days from the date of bill of lading.  
  Presentation of Documents :
  L/C must be subject to UCPDC 1993 revision ICC publication no 500.  
T/T PAYMENT   : 70% ADVANCE FOR START PRODUCTION AND BLANCE 30% AFTER INSPECTION AND BEFORE SHIPMENT.