Payment Policy

Whitesilver – International Trade Terms

At Whitesilver, we are committed to building long-term, transparent, and secure partnerships with our global clients. Our payment structure is designed to ensure flexibility for buyers while maintaining financial security and smooth transaction flow for both parties.

 

  1. STANDARD PAYMENT TERMS

(Applicable for new clients and regular transactions)

We offer the following standard payment methods:

  1. Telegraphic Transfer (T/T)
  • 30% Advance upon order confirmation
  • 70% Balance against shipping documents (prior to goods release)
  1. Documentary Letter of Credit (DLC) – At Sight
  • Irrevocable LC payable at sight
  • Issued by a recognized bank
  • Confirmation may be required depending on issuing bank

 

2. FLEXIBLE PAYMENT OPTIONS

(Subject to order volume, client profile, and mutual agreement)

To support our partners, we may offer structured flexibility:

  1. Usance Letter of Credit (Deferred LC)
  • Tenure: 30 to 60 days
  • Must be irrevocable
  • Preferably confirmed by a first-class international bank
  • Must be negotiable/discountable at seller’s bank
  1. T/T with Deferred Balance
  • 30% Advance
  • 70% payable within 30 days after shipment date

 

3. EXTENDED CREDIT TERMS (CASE-BY-CASE BASIS)

For established clients with proven track records, we may consider extended terms under secured structures:

  • Open Account (30–60 days after delivery)
    Only applicable if supported by:
    • International Credit Insurance (e.g., Euler Hermes, Coface), or
    • Standby Letter of Credit (SBLC) / Bank Guarantee from a reputable bank

 

4. BANKING & SECURITY REQUIREMENTS

To ensure transaction safety:

  • All Letters of Credit must be irrevocable
  • Whitesilver reserves the right to request LC confirmation from a top-tier international bank
  • Any bank charges outside the seller’s country are to be borne by the buyer
  • Documents must comply strictly with LC terms to avoid discrepancies

 

5. DOCUMENTATION POLICY

Standard shipping documents include:

  • Commercial Invoice
  • Packing List
  • Full set of Clean On Board Bill of Lading
  • Certificate of Origin
  • Inspection Certificate (if required)

Whitesilver follows international norms to ensure efficient and timely document handling.

 

6.RISK MANAGEMENT POLICY

To maintain a sustainable and secure business environment:

  • Payment terms are determined based on buyer credibility, order size, and market conditions
  • Whitesilver reserves the right to revise or decline payment terms if risk factors are identified
  • No goods will be released without agreed financial security

 

7. COMPLIANCE & GOVERNING RULES

  • All Letters of Credit are subject to the latest version of UCP (Uniform Customs and Practice for Documentary Credits)
  • Transactions comply with international trade regulations and banking standards

 

8. OUR COMMITMENT

We strive to provide:

  • Flexible yet secure payment solutions
  • Transparent communication
  • Reliable execution of every order

Our goal is to build strong, long-term partnerships based on trust, performance, and mutual growth.

 

For further clarification or customized payment structures, please contact:
Email: info@whitesilverfashion.com
Website: www.whitesilverfashion.com

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