30 percent deposit, 70 percent against copy of the bill of lading is the trade default. First orders with new suppliers sometimes move to 50/50 or letter of credit at higher values. Tie the balance to a third-party AQL inspection release; suppliers confident in their quote accept it, and the ones who refuse have answered your real question.
FAQ
What payment terms are normal for a first jewelry order?
Short answer
30 percent deposit, 70 percent against copy of the bill of lading is the trade default. First orders with new suppliers sometimes move to 50/50 or letter of credit at higher values. Tie the balance to a third-party AQL inspection release; suppliers confident in their quote accept it, and the ones who refuse have answered your real question.
Related questions
30 percent deposit, 70 percent against copy of the bill of lading is the trade default. First orders with new suppliers sometimes move to 50/50 or letter of credit at higher values. Tie the balance to a third-party AQL inspection release; suppliers confident in their quote accept it, and the ones who refuse have answered your real question.
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