Q:  What kind of payment terms do your company accept?-BAOPACK

Q: What kind of payment terms do your company accept?

2018-08-10

A: We accept payment by T/T, L/C basically.  Usually we do 30% T/T beforehand, and 70% T/T before loading container in factory.  
    For newly R&D machines, we do 50% down payment and 50% before loading in factory;
    For spare parts and parts purchased separately for you, we do 100% T/T payment upon ordering.
    We accept L/C at sight for LC from certain banks in some country.  
    Your small amount of down payment beforehand shall help arrange preparation of production in time if confirmed the type of machine.

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