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What is the payment schedule for dies and molds and molded parts?

molded Molds payment schedule
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What is the payment schedule for dies and molds and molded parts?

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Our payment conditions are as follows: 50% of the cost of dies and molds due with order, and 50% due upon the delivery of the first sample. For series production: Net payment is due immediately. If a customer’s credit limit is exceeded, payments must be made in cash or by means of other securities (payment on account).

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