Payment Terms

Clause 4 – LC Payment Option

Payment may be executed through an Irrevocable & Confirmed Letter of Credit (LC) issued by a top-tier bank. FRUTANA® reserves the right to withdraw up to 30% of the LC value in advance to finance the operational cycle, including procurement, packing, and logistics.

Clause 5 – Annual Contract Payment Scheme (80/20)

For annual agreements:

• 80% advance payment, before shipment.

• 20% upon cargo arrival at destination and before pickup.

No cargo will be released until full payment is completed.

Clause 6 – No Deductions / No Withholding

THE CLIENT is strictly prohibited from:

• Applying deductions

• Delaying payments

• Withholding balances

• Imposing penalties or commercial pressure

• Making unilateral compensations