Service overview
Payment terms are a commercial negotiation, but they also carry risk that needs to be structured. This service covers the settlement arrangements around a transaction: terms, currency, documentation and the instruments that protect both sides.
What we do
- Payment term structuring: T/T, letter of credit, documentary collection
- Currency and exchange-rate considerations
- Trade finance instruments and bank documentation review
- Export credit insurance information and coordination
- Invoice, packing list and customs documentation consistency checks
How it works
- You and the supplier agree the commercial terms
- The payment structure and the required documents are defined
- Documents are checked for consistency before presentation
- Payment is released according to the agreed instrument
What to prepare
- Agreed contract value, currency and payment schedule
- Bank details of both parties
- Draft contract or proforma invoice
- Any letter-of-credit draft, for review before it is issued
Contact
Settlement arrangements are agreed case by case. Documents in a letter-of-credit transaction must match exactly, so early review of the draft avoids the most common cause of rejection.