| Commercial Arrangements  can be varied to suit a            
wide range of scenarios.  We will be happy to discuss your requirements.
 AgencyThis is our preferred position in trade and we            
charge via:
  
         
          |  | Commission  | Percentage fees               
        will vary according to the situation
 
 |    
          |  | Flat Fees | These are always              
        negotiated in advance
 
 |    
          |  | Combined Billing | We may combine flat              
        fees and commission arrangements
   |   
         
          | Payment |   
          |  | Indemnity             
        Terms | We will trade               
        against Banker's Draft or SWIFT payments provided we are happy that               
        there is adequate indemnity from our clients.  This can be a more               
        flexible arrangement than Letters of Credit and can reduce finance               
        charges.  We can and do charge very high rates of interest on               
        overdue settlement.
 
 |    
          |  | Letters of             
        Credit | In accordance with       
        the normal principles of international trade we will accept Letters of             
        Credit |  Trade is normally conducted in US$ Unless otherwise agreed, payment is               
  against invoice.
 Our standard terms are 14 days settlement.  We do             
  not offer credit terms.
 
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