1. L/C (Letter of Credit) should be irrevocable and transferable (we will transfer the L/C to our own companies where we have the quota). Transferring bank will be syndicate bank Foreign Exchange Department, Gandhinagar, Bangalore - 560009, INDIA.
2. 5% more or less in quantity and L/C value is acceptable.
3. Dispatches from Indian port.
4. Goods should be consigned to bank (to order of opening bank, blank endorsed).
5. Buyer/importer or L/C applicant will cover insurance.
6. Beneficiary must receive the L/C 45 days earlier to the date of shipment.
7. Terms of Payment: At sight