Can be payable as to, say, 85% against shipping documents with a balance of 15% payable after

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Can be payable as to, say, 85% against shipping documents with a balance of 15% payable after independent inspection at port of destination.

If your supplier is not prepared to wait for payment of the 15% balance, it can be 100% provided he presents, with his shipping documents, a retention bond issued by a bank acceptable to the issuing bank.

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Finance Of International Trade

ISBN: 9780750659086

1st Edition

Authors: Eric Bishop

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Question Posted: Oct 18, 2024 09:00 AM

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Can be payable as to, say, 85% against shipping documents with a balance of 15% payable after

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Finance Of International Trade

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