PAYMENT GUARANTEE
POLICY
US-Russia Marketing Group(URMG)
shall provide to our Clients the following two (2) options as related to
Terms of Payments with the Russian Distributors or URMG payments
guarantee
:
Option # 1. URMG would assist in negotiating
most advantageous Terms of Payment between the Customer and a Russian
Distributor, but the final decision on Terms and full responsibility is
strictly between the Customer and Distributor.
Example:
The standard Russian terms of payment
are 25% pre-payment due upon confirming the Purchase Order, 25% due upon
confirmation that the goods have been manufactured and are ready to be
shipped, and the balance 50% would be due in 60 or 90 days after date of
shipment - depending on the method of shipment (air or
sea).
Option # 2. URMG
shall forward the total cost (100%) of Invoice due to our Client prior to
shipment of goods. URMG provides this service for a fee of 5% of the total
cost of Invoice, excluding cost of freight. This charge is an addition to
the rate of sales commissions due to
URMG.
Example: Considering standard Russian Terms of Payment, and regardless of
any payments received from Russian Buyer, the URMG would transfer via
check or money wire the total cost of Invoice directly to our Client's
bank account in USA Dollars.
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