SECC PAYMENT TERMS OPTIONS FOR EXPORTERS

1.Prepayment at cargo readiness.

1.1.By PayPal to the PayPal account.

PayPal is the most advancedinstant electronic money transfer tool. PayPal accepts withdrawals to the banks accounts of the most European countries. If you have no PayPal account yet you can see the features of PayPal and sign-up for one or more PayPal accounts for freehere or through the page Financing of Trade Departments part of our web store.

Transactions and deposits at the PayPal account are FDIC-secured for up to $100,000 like at the prime U.S. bank (FDIC is Federal Deposit Insurance Corporation using resources of Federal Deposit of the U.S.A.). By PayPal you are getting payment immediately. You will be able either to keep the funds at your PayPal accountand get an interest, or to pay to your suppliers, or deposit to your linked bank account.

Scenario:

  • At the day of cargo readiness confirmation by receipt of the cargo documents and Invoice from you by fax we remit you by PayPal 95% of the Invoice amount in your domestic currency (actually only $, € and GBP) to your PayPal account.
  • Your PayPal account iscredited instantly and you are getting instant e-mail notification of that with certified transaction’s number.
  • At the time of PayPalfunds remittance the Purchase Order shall be treated as paid.
  • Our cargo forwarder sends you truck and you shipping the Order immediately.

Advantages:

- You getting immediate payment before goods leave your warehouse;

- Using PayPal you become able to accept credit card payments from other your customers, which may boost your sales.

Wording of Clause 4 of the Agreement for this term:

“4.1. Payment for each Order shall be provided to Exporterby PayPal in advance.

4.1.1. For receipt of payment for OrderExporter shall fax or e-mail to Distributor copies of duly signed Invoice with its PayPal account dataas well as copies of other export documents confirming readiness of Order for shipping.

4.1.2. Distributor shall pay 95% of the Invoice value to Exporterwithin one working day from receipt of its copy by e-mail or fax.

4.1.3. Upon receipt of the above payment/transfer Exporter shall release eachOrder with full set of original export documents to the appointed by Distributor cargo forwarder as per Clause 3.2 of this Agreement.

4.1.4. Exporter is granting Distributor 5% discount from Invoice value for advantage to be paid in advance.”

We believe that PayPal is the best way of payment for small transactions up to $100,000 and accepting PayPal transfers from our customers.

1.2. By wire to the bank account.

Scenario:

  • At the day of cargo readiness confirmation by receipt of the cargo documents and Invoice from you by fax we transferring by wire 95% of the invoice amount in your currency ($, €, GBP or CHF) to your bank account.
  • We provide you a copy of remittance slip with the number of transaction. The issuance of remittance slip by our bank is a confirmation of fundswire transfer from our bank to your bank and not requiring any other confirmation.
  • At the time of wire transfer the Purchase Order shall be treated as paid.
  • Our cargo forwarder sends you truck and you shipping the Order immediately.
  • Your bank shall credit your account within 2 banking days from the date of transfer.

Advantages:

- You have confirmation of payment before goods leave your warehouse;

Wording of Clause 4 of the Agreement for this term:

“4.1. Payment for each Order shall be provided to Exporterby wire transfer in advance.

4.1.1. For receipt of payment for Order Exporter shall fax or e-mail to Distributor copies of duly signed Invoice with its bank and account data for transfer as well as other export documents confirming readiness of Order for shipping.

4.1.2. Distributor shall wire 95% of the Invoice value to Exporter within one working day from receipt of its copy by e-mail or fax.

4.1.3. Upon receipt of copy of the above payment/transfer by fax or e-mail Exporter shall release each Order with full set of original export documents to the appointed by Distributor cargo forwarder as per Clause 3.2 of this Agreement.

4.1.4. Exporter is granting Distributor 5% discount from Invoice value for advantage to be paid in advance.”

2. Payment at 60 days after shipping date.

2.1. By PayPal to the PayPal account.

Scenario:

  • You prepare our order as agreed latest to the 7th day from Purchase Order date and confirm its readiness by faxing us copies of the cargo documents including invoice.
  • Our cargo forwarder sends you truck and you shipping the Order.
  • At 60th day after shipping date we remit you by PayPal 100% of the Invoice amount in your currency (currently only $, € and GBP are possible).
  • Your Pay Pal account is credited instantly.

Advantages:

- Using PayPal you become able to accept credit card payments from other your customers, which may boost your sales;

- You will receive 100% of the goods price.

Wording of Clause 4 of the contract for this term:

“4.1. Payment for each Order shall be provided to Exporterby Pay Palat 60th calendar day after shipping date.

4.1.1. Exporter shall fax or e-mail to Distributor copies of its duly signed Invoice with its PayPal account as well as other export documents, confirming shipping of Order.

4.1.2. Exporter shall release each Order with full set of original export documents to the appointed by Distributor cargo forwarder as per Clause 3.2 of this Agreement.

4.1.3. Distributor shall pay 100% of the Invoice value to Exporterat 60th calendar day after shipping date.”

2.2. By wire transfer to the bank account.

Scenario:

  • You prepare our order as agreed latest to the 7th day from Purchase Order date and confirm its readiness by faxing us copies of the cargo documents including Invoice.
  • Our cargo forwarder sends you truck and you shipping the Order immediately.
  • At 60th day after the shipping date we wire you 100% of the Invoice amount and provide you a copy of remittance slip with number of transaction.

Advantages:

- Youreceive 100% of the goods price.

Wording of Clause 4 of the contract for this term:

“4.1. Payment for each Order shall be provided to Exporterby wire transfer at 60th calendar day after shipping date.

4.1.1. Exporter shall fax or e-mail to Distributor copies of its duly signed Invoice with its bank and account data for transfer as well as other export documents confirming shipping of each Order.

4.1.2. Exporter shall release each Order with full set of original export documents to the appointed by Distributor cargo forwarder as per Clause 3.2 of this Agreement.

4.1.3. Distributor shall pay by wire100% of the Invoice value to Exporterat 60th calendar day after shipping date. ”

So, we are providing you a choice of your preferred payment term:

1.1. Prepayment by Pay Pal

1.2. Prepayment by Amex IP wire

2.1. Payment Net at 60 days by PayPal

2.2. Payment Net at 60 days by Amex IP wire

We are not using other payment terms, so please choose one of the above payment terms and insert its number into the Bid Form.