Payment terms are the rules that define how and when a buyer must pay for goods or services. They may include such options as prepayment (full or partial payment made before receiving the goods), post-payment (payment upon receipt, also known as cash on delivery), payment at the time of the transaction or delivery (payment made directly when the transaction occurs or when the goods are delivered), and deferred payment (payment made after a certain period following receipt).
As a general rule, Ukrainian Stone Mills LLC requires 100% (one hundred percent) prepayment for the manufacture and sale/supply of Goods/Products to the Buyer.
The payment terms may be modified under the terms of the contract (public contract) and/or according to individual arrangements with a specific Buyer.
In all cases, the specific payment terms and procedures are indicated by Ukrainian Stone Mills LLC in the applicable contract (public contract).