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)