Clear, transparent payment terms and Incoterms for importing jute products from JuteExpo Bangladesh.
Telegraphic Transfer via SWIFT. Our standard terms: 30% advance deposit, 70% before shipment or against BL copies.
Irrevocable Letter of Credit at sight from an internationally recognized bank. Preferred by established buyers and large orders.
Deferred payment LC for verified long-term buyers. Subject to bank approval and trading history review.
Cash Against Documents through correspondent banks. Available for select markets.
| Incoterm | Meaning | What We Cover | What You Cover |
|---|---|---|---|
| FOB Chittagong Most Common | Free On Board | Production + export clearance + loading at Chittagong port | Ocean freight + insurance + import duties |
| FOB Mongla | Free On Board | Production + export clearance + loading at Mongla port | Ocean freight + insurance + import duties |
| CIF | Cost Insurance Freight | Production + freight + marine insurance to your port | Import duties + port charges + inland |
| CFR | Cost & Freight | Production + freight to your port (no insurance) | Marine insurance + duties + port charges |
| EXW | Ex Works | Production only (your agent collects from our factory) | All freight, insurance, duties |
USD (primary), EUR, GBP accepted. Rates applied per invoice date.
Our banking is with a major Bangladesh commercial bank. SWIFT code available on request.
Available for large orders. Speak to our export team for details.