COMMERCIAL TERMS

Payment terms for HVAC & VRF supply

Discuss bank transfer or documentary credit and confirm all terms in your quotation.

Payment options — subject to written agreement

T/T — bank transfer

International bank transfer, including SWIFT where applicable. The proforma invoice specifies the beneficiary, currency, payment dates and any advance or balance amounts.

Conditions: The schedule and bank charges are agreed in writing before the order is confirmed.

L/C — documentary letter of credit

An irrevocable letter of credit at sight may be discussed, subject to bank approval and review of the proposed credit wording.

Conditions: Required documents, expiry, shipment dates and bank charges must be agreed before the credit is opened. Bank payment depends on a complying document presentation.

CAD / D/P — cash against documents

Documentary collection with documents released against payment may be discussed for suitable transactions. Banks handle the documents but do not provide the payment undertaking of a letter of credit.

Conditions: Subject to written agreement, buyer and market review, bank procedures and appropriate transport documents. This is not an open-account or deferred-credit offer.

These are quotation options, subject to written agreement for each order. No fixed deposit percentage, credit limit or open-account facility is offered by this page.

The agreed method, currency, payment milestones and beneficiary are stated in the accepted quotation and proforma invoice.

Request written payment terms ↗

Before transferring funds, independently verify beneficiary details through a known company contact. Changes to bank details must be verified separately.

Payment-method reference: International Trade Administration.