1. Standard Production Payment Terms
For new international procurement clients, standard terms are:
- 30% T/T Deposit: Initiates raw material procurement, cylinder plate preparation, and production scheduling.
- 70% Balance Payment: Payable against high-resolution pre-shipment inspection photos, video walkthroughs, and copy of the Bill of Lading (B/L).
2. Irrevocable Letter of Credit (L/C at Sight)
For orders exceeding $100,000 USD (typically 2 to 3+ containers), Tingshuang accepts 100% Irrevocable Letters of Credit issued by top-tier international commercial banks, allowing importers to preserve working capital while guaranteeing payment security.
3. Sinosure Credit Facilities for Repeat Importers
Long-term partners with established trade histories can apply for Sinosure (China Export & Credit Insurance Corporation) backed open account financing (OA 30 to OA 60 days).
⚠️ Mandatory Anti-Fraud Protocol: Quanzhou Tingshuang will NEVER notify customers of bank account changes via email. Any banking modification requires multi-party video call verification with our legal representative Mr. Su Lianwen.