Payment Terms
Terms of Trade:
All agreements made between us and the buyer must be confirmed in writing and sent via electronic mail (Email).
Our Terms of Payment shall also apply to all future transactions with the buyer which will be handled in either T/T, SBLC or Cash on Spot;
We operate using either Telegraphic Transfers (T/T) using MT103 system of payment, SBLC System of Payment or Cash on spot depending on client’s required product quantity;
- With the T/T system of payment, all our clients are required to make a 30% T/T deposit is required against Invoice to activate your order which is negotiable depending on the quantity the client orders while 30% T/T will be paid against booking confirmation and draft copies of shipping document then the balance of 40% T/T will be after you have received shipment at your destination port.
- With Cash on Spot, we offer this system for clients that are ready to pay for their Invitation letter and visit our facility here, then see the stock in warehouse and make immediately payment for the secured stock. Note that the cost of invitation letter per person is mentioned on https://splendorempireltd.com/index.php/visitation/
- With the SBLC system of payment, We only accept this system of payment when the client’s purchase order cost is valued to be above a million EURO/USD. In this case we will fully engage in the SBLC terms of payment and follow the standard procedure to get the SBLC SWIFT before shipment begins.