SMT Global Group
Terms

How a transaction is set.

Agreed in writing

Nothing below is left to assumption. Incoterm, payment structure, documents and remuneration are fixed in the written quotation, before an order is placed.

01

Incoterms

The transfer of cost and risk is agreed at quotation stage, never assumed. We quote on the terms the buyer works with.

  • Ex worksEXW
  • PortFOB · CFR · CIF
  • DeliveredDAP · DDP

02

Payment

Structured so that neither side carries the whole exposure. Terms are set per transaction, against volume and destination.

  • StandardDeposit + balance
  • EscrowOn request
  • SecuredIrrevocable L/C at sight

03

Documents

Every shipment travels with the paperwork the destination customs office expects, prepared before departure.

  • CommercialInvoice · Packing list
  • OriginCertificate of origin
  • TransportB/L or AWB
  • On requestCoA · Health · CE

04

Remuneration

Agreed before quotation, and disclosed. A commission on order value when acting as buying agent, or a margin on resale when buying and selling on our own contract. One source of remuneration per transaction, never both.

These terms describe how transactions are structured. They are indicative and do not constitute a binding offer. The commercial terms of each transaction are those set out in the written quotation issued for it.

Back to home