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Payment Terms for all Commodities: Commodity Trading

This would vary with each transaction but at the very least All payments are by way of irrevocable, divisible, confirmed and transferable DOCUMENTARY CREDIT established by a top PRIME BANK for 100% invoice value, payable at sight against shipping documents. Many seller will not accept non-transfer LC.

Payment can be made by DLC. RLC, Auto RLC, FFDLC, FFRLC, SLC, BG, Unconditional SBLC/BG. MT103-23

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