Export Payment Terms

Dear Customer, we are pleased to be dealing with you and we hope a long term cooperation with your esteemed company. For all our export shipments we use two types of payment options-

1. TT
We prefer this payment method as it helps in less documentation and fastest completion of order. Advance payment orders are always processed on priority and dispatched immediately. 30% TT to be done against Pro Forma Invoice and balance amount 70% against scan copy of Bill of Lading, Commercial Invoice, Packing List, Insurance, Certificate  of Origin. After receiving the balance amount, the BL is Telexed Release at the discharge port so that the shipment is free to release without showing any original documents.

2. LC Terms
– IRREVOCABLE LETTER OF CREDIT
– Payable AT SIGHT for 100% Invoice Value

Beneficiary Name & Address :
  PASWARA PAPERS LIMITED
  PASWARA HOUSE, BAGHPAT ROAD,
  MEERUT – 250002, (U.P.)
  INDIA

– 10 % Credit Amt Tolerance/Quantity
– Credit Available with Any Bank By Negotiation
– Partial Shipment : ALLOWED
– Transhipment : ALLOWED
– Port of Loading: ANY PORT IN INDIA

– Period for Presentation of Documents : 21 DAYS of Shipment
– Latest Date of Shipment: 40 days from LC Issuance Date, Suppose if it is expected LC will be received by us on 5th January, Latest Shipment Date for LC purpose should be 15th February. However, we will ship earlier depending on latest vessels.
– LC Expiry Date: (1 month from Latest Shipment Date)

Note:
We do not accept USANCE LC. IRREVOCABLE SIGHT LC should be issued from any of the world’s top 100 Prime Banks.

Our Bank Details
Ac name- Paswara Papers Limited
A/c no- 35480 50100 51023
SWIFT NO. : UBININBBMRT
Bank Name: Union Bank of India
Bank Address: H.K. House, Delhi Road Branch, Meerut

GST – 09AAACP9539Q1ZI
IEC – 0596054793

CONTACT NAME: DEEPT AGARWAL
TEL: +91-9837891035
EMAIL: DEEPT@PASWARA.COM