PAYMENT TERMS:FOR SPOT DEALS

IRREVOCABLE, CONFIRMED, TRANSFERABLE, UNCONDITIONAL, UNRESTRICTED, UNENCUMBERED, STANDBY LETTER OF CREDIT (SBLC) or BANK GUARANTEE (BG) to be FULLY FUNDED to the total value of THE REQUIRED AMOUNT , (to be confirmed by a Top 50 World Prime Bank, and the shipments payable by TT (MT103), 100% on sight of documents at the Buyer’s Bank.