9. Payment, under conditions (1), (2) and (3) below:
9、支付條件 分以下三種條件支付:
(1) Through the letter of credit:
(1)信用證
The Buyer, on receipt from the Seller of the delivery advice, shall open an irrevocable letter of credit with the Bank of China, in favor of the Seller for the total value of shipment 25 – 30 days prior to the date of delivery. The credit shall be available against Seller’s draft drawn at sight on the opening bank for 100% invoice value accompanied by the shipping documents specified in Clause 10 hereof. Payment shall be effected by the opening bank by telegraphic transfer against presentation of the aforesaid draft and documents. The letter of credit shall be valid until the 20th day after the shipment is effected.
買方收到賣方交貨通知,應在交貨日期前25 – 30 天,由中國銀行開出以賣方為受益人的與裝運金額相同的不可撤銷的信用證。賣方須向開證行出具100%發票金額即期匯票并附本合同第10款所規定的裝運單據。開證行收到上述匯票和裝運單據即予以電匯支付。信用證于裝運日期后20天內有效。
(2) Collection:
(2)托收
The Seller may present the sight draft together with the shipping documents (specified in Clause 10 hereof) through the Seller’s bank and Buyer’s Bank to the Buyer for collection after shipment.
貨物裝運后, 賣方出具即期匯票,連同本合同第10款規定的裝運單據,通過賣方所在地銀行和買方銀行提交給買方托收。
(3) By direct remittance:
(3)直接付款
Payment shall be effected by the Buyer, by telegraphic transfer, within 7 (seven) days after receipt from the Seller of the shipping documents specified in the Clause 10 hereof.
買方收到本合同第10款規定的裝運單據后7天內, 以電匯向賣方支付貨款。