Export > FAQ > On Payment
| 1. What is the standard payment scheme acceptable to SINOCEM? |
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An irrevocable Letter of Credit (L/C) opened or confirmed by a first-rate international bank.
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| 2. Does SINOCEM accept L/C in deferred payment? |
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Yes, normally we offer 30, 60, 90 and 120 days deferred payment in L/C. Interest to be paid by Buyer.
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| 3. Opening L/C is extremely costly in some countries. Does SINOCEM accept direct T/T? |
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Yes we accept T/T as an optional payment scheme for a new client’s first cement/steel shipment. - Buyer’s representative always welcome to do on-spot inspection of loading. |
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