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What are the payment terms and conditions required by Globe Span International, Inc.?

April 26, 2017Conditions Globe International payment span terms

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What are the payment terms and conditions required by Globe Span International, Inc.?

1 Answer

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10 Posted

Preferred payment term is either by telegraphic transfer (T/T), 100% of the invoice value, within 1 week from our receipt of the pro-forma invoice signed by the buyer. Confirmed and irrevocable Letter of Credit (L/C) at sight is also another option. Globe Span must receive the L/C details also within 1 week from our receipt of the pro-forma invoice signed by the buyer. A combination of T/T and L/C at sight is also acceptable depending on the arrangements between Globe Span and the buyer.