Export > Payment Terms
1. Telegraph transfer (T/T)
We accept T/T as an optional payment scheme for a new client’s first cement or 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.2. Letter of Credit ( L/C)
An irrevocable Letter of Credit opened or confirmed by a fisrt-rate international bank.
SINOCEM offer 30, 60, 90 and 120 days deferred payment in L/C. Interest to be paid by Buyer.3. Bank Guarantee (B/G)