Payment terms must record in sales contracts which inlucde remitter, Payee or Beneficiary, Remittance and payment etc.
The payment terms for Orient Power insulators usually have:
1. Letter of Credit
L/C is one of our most commonly used way of payment.
2. Telegraphic Transfer
For T/T, Orient Power is usually some down payment at order, others on presentation of copy Bill of Lading by fax or E-mail.
3. Western &Union
Western &Union is often use for the small amount, such as the sample orders, then will be much better for both of us.
4. Negotiable for big quantities
5. Negotiable for other payment ways
Orient power will try all their best to support you if have any special request!