Payment and Order Terms
At CV Sicash Makmor, we maintain clear and secure payment terms to ensure smooth transactions for all parties involved. For orders exceeding US$ 50,000, we require an Irrevocable Letter of Credit (L/C) as the preferred payment method. Alternatively, payments can be made via Telegraphic/Swift Wire Transfer (T/T) . To initiate production, a 50% down payment is required in advance , while the remaining balance must be settled upon receipt of the invoice after the container has been loaded. Original shipping documents will only be released to the consignee once the final payment has been confirmed.
For shipments, we operate on a Full Container Load (FCL) basis, with a minimum order requirement of one 20-foot container. This container may include a mix of items, with a maximum of seven different products per container.
Regarding samples, we charge 1.5 times the normal production price for all sample requests, regardless of quantity. We do not provide free samples to uphold ethical business practices and prevent unauthorized copying or replication by third parties for production purposes.
Our standard pricing term is FOB (Free On Board) , ensuring responsibility is clearly defined once the goods are loaded onto the vessel. For select clients, we also offer Ex-Factory pricing, where the buyer assumes all costs and responsibilities from the point of origin. These terms are designed to ensure transparency, fairness, and efficiency in all business dealings.