A7: We prefer our payment based on 100% irrevocable transferable letter of credit available with any bank in Bangladesh by negotiation draft at sight.
Bill of lading clause should be to the order of negotiation bank and endorsed to letter of credit opening bank.
We also work on Telegraphic Transfer (TT) Payment. In terms of TT Payment, our preference is at least 70% in advance along with the placement of Export Order which the balance amount is payable as per final Invoice Value prior to shipment.