How do I pay a Service Provider such as TTC?
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Answer
Our company strives to ensure its existence based on mutual trust with its customers.
We usually require a 100% Payment with placement of orders (upon receipt of the proforma invoice). This allow us to pay the manufacturer with:
- A 30% deposit to launch the production
- The remaining 70% to finalise the quality checks prior to the final dispatch when the goods have been completely manufactured, packed and ready for pickup.
For high amount orders it is possible to open a Letter of Credit (Documentary Credit) between your company and the Chinese manufacturer.
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