A. Payment Term and Condition
1. Letter of Credit (L/C), which condition as below :
| Form of Documentary Credit | : | Irrevocable |
| Draff at | : | Sight |
| Date and Place Expiry | : | 90 days from opening of L/C
Country of beneficiary |
| Lates Date of Shipment | : | 60 days from opening of L/C |
| Beneficiary – Name and Address | CV. JAVA MEBEL INDONESIA Jl. Kiayi Ronggo Mulyo No. 02 Kel. Ujung Batu, Jepara Indonesia |
|
| Percentage Credit Amount Tolerance | : | 10/10 |
| Available with… By | : | Any bank by negotiation |
| Transhipment | : | Allowed |
| Document Required | : | Commercial invoice, Packing list, Marine bill of lading,Certificate of origin ( COO ), Certificate of fumigation |
| Period of Presentation | : | Within 21 days after date of shipment |
| Advice Trought Bank – Name & Address | : | PT. Bank Negara Indonesia ( Persero ) Tbk.
Jepara Branch |
2. Telegraphic/Swift Wire Transfer (T/T)
40% down payment in advance is required to start the production. The rest of the payment has to be done upon invoice after container loaded. Original documents will be sent to the consignee upon receipt the transfer.
B. Production Term
1. Material
We are producing our furniture in Mahogany and Java wood. All woods are kiln-dried to
reach moisture content:
- 1 – 2 cm thickness MC max 12%
- 3 – 4 cm thickness MC max 15%
- 5 cm thickness and up MC max 18 %
2. Finishing System
- Nitro Cellulose System lacquer/varnish, and duco/solid color as standard system
- Others follow customs standard as long as available in Indonesia