Our Banking Partner

XPLORE SOURCHING
Global Islami Bank Ltd PLC.
Uttara Branch, Gausul Azam Avenue, Sector –
13, Uttara,
Dhaka-1230, Bangladesh.
A/C Number: 1111000557980.
Swift Code: NGBLBDDH

XPLORE SOURCING
National Credit and Commerce Bank Ltd (NCCBL).
Uttara Branch, Sector -6,
Uttara, Dhaka-1230, Bangladesh.
A/C Number: 0033-0210023876.
Swift Code: NCCLBDDHUTB

Payment Terms

Payment Terms


We generally work under the following two modes of payment, ensuring flexibilityand security for both parties:

Telegraphic Transfer (T/T):
  • 30% of the total order value is to be paid in advance at the time of issuing the Purchase Order (PO).
  • The remaining 70% is payable against a copy of the Bill of Lading (B/L), which serves as proof of shipment.

 

Letter of Credit (L/C) at Sight:
  • 100% of the order value is payable through an irrevocable L/C at sight, issued by a reputed bank.This option provides maximum security for both buyer and seller, ensuring that payment is released immediately upon presentation of the required shipping documents.


Note: While we can work with both T/T and L/C, our preferred method is L/C at sight, as it offers equal assurance
and security to both parties involved.