Payment terms

We can accept the following payment terms: T/T If payment is made by T/T, a 35% deposit must be received no later than 45 days prior to the shipping date indicated. The outstanding payment is due within 7 days after a copy of the Bill of Lading is provided to the Buyer with a mark "ON BOARD" on it. L/C (not applicable for orders below 80,000USD) If payment is made by irrevocable, transferable Letter of Credit at sight, it must reach us no later than 55 days prior to the shipping date indicated. The Letter of Credit is to remain valid for 20 days after the shipping date.   All payments are to be made to our Company registered Bank Account at HSBC Hong Kong and if not explicitly stipulated otherwise, should be in US dollars.. Payment Reference: Please state our Proforma Invoice No. as payment reference. Company Information: Saneco Corporation Limited Flat B, 13/F., Wing Tat Commercial Building, 121-125 Wing Lok Street, Sheung Wan, Hong Kong, P.R. of China