Payment should be against irrevocable and confirmed letter of credit, payable at sight, in accordance with the following terms and subject to the Uniform Customs and Practice for Documentary Credits, International Chamber of Commerce Publication 500. The credit should expire in the USA and should allow at least 12 weeks of validity to cover all eventualities. At sight, in the amount not to exceed the amount of purchase. All banking charges to the account of the applicant. Including all amendment, confirmation, acceptance and discount fees.
Communication expenses also to the account of the applicant.
Partial shipments are not permitted. Trans shipments are allowed. Allow 15 days, after the required transport document date, for presentation of documents. Any USA Airport 11. All documents to be consigned to the bank and notify applicant.