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Export — Payment

Payment
Preferences

In order to maintain our international trade standards and the foundation of trust we provide to our business partners, we manage our payment processes with a specific discipline.

To ensure a secure start with clients we are newly collaborating with and to maintain peak operational speed, we foresee the following methods. This transparency forms the bedrock of our long-term and sustainable partnerships.

01
Advance Payment System
Cash in Advance — Full Payment Prior to Shipment

The most widely preferred secure payment method for operational speed and manufacturing continuity in international trade. The primary principle is the completion of payment before the ordered products are dispatched by the exporter. This system holds strategic importance, especially for adhering to lead times and ensuring seamless logistics planning.

Payment Channels Within This System
TT — Telegraphic Transfer
SWIFT

A fast and registered transfer method conducted through the interbank Swift system. It is recognized as the most secure digital payment route in corporate workflows.

Cash Payment
EFFECTIVE

Transmission of the goods' value directly or through effective cash channels. It generally provides operational ease for boutique orders or physical delivery processes.

02
Partial Advance Method
Down Payment — Partial Deposit + Balance Before Loading

A strategic method used to finalize the order and officially initiate the production/procurement process. A portion of the value — for example, 30% or 50% — is received at the order stage, with the balance completed prior to loading. This approach allows the exporter to finance operational costs while offering the importer flexibility in managing cash flow.

Example Payment Schedule
30% Order Stage
70% Before Loading
Implementation Formats
TT — Telegraphic Transfer
SWIFT

Execution of the down payment via fast and secure digital wire transfer through banking institutions.

Flexible Balance
OPTION

The balance payment amount and timing are determined through mutual agreement, considering order volume and client profile.

03
Irrevocable Letter of Credit
Irrevocable L/C — Bank-Guaranteed Payment Assurance

The most prestigious method where payment assurance is backed by a bank guarantee in international trade. Once the exporter makes the shipment and presents the documents to the bank, payment is guaranteed by the bank independently of the buyer. The term "irrevocable" means that this credit cannot be cancelled or modified without the consent of both the buyer and the seller, ensuring complete transaction security for both parties.

Bank Guaranteed
Irrevocable
Bilateral Protection
SWIFT / UCP 600

Quote & Contact

These methods enable Megates to adhere to the lead times we commit to and manage our global supply chain without interruption. Contact our team for detailed information regarding the payment process or export conditions.

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