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Export > FAQ > On Payment

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1. What is the standard payment scheme acceptable to SINOCEM?

An irrevocable Letter of Credit (L/C) opened or confirmed by a first-rate international bank.

 

2. Does SINOCEM accept L/C in deferred payment?

Yes, normally we offer 30, 60, 90 and 120 days deferred payment in L/C. Interest to be paid by Buyer.


3. Opening L/C is extremely costly in some countries. Does SINOCEM accept direct T/T?

Yes we accept T/T as an optional payment scheme for a new client’s first cement/steel shipment.
- 30% deposit in advance payment to allow start of cement or other cargos preparation.
- 70% full payment against the scanned copies of Bs/L, BV or SGS high quality cement/steel certificates and other documents sent via email. 

- Buyer’s representative always welcome to do on-spot inspection of loading.


OTHER QUESTIONS:

> On Quality & Quantity

> On Bagging & Warehousing

> On Shipping & Loading/Discharging

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Address: D Tower, Intime City, No.380 Fengtan Road, 310011 Hangzhou, China
Tel: +86-571-87995116 Fax:+86-571-87995117
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