Payment Terms

Bank Transfer

Payment by bank transfer - in advance of delivery

Irrevocable Letter of Credit

Irrevocable letter of credit - drawn on an Internationally recognised bank.

1. Irrevocable Letter of Credit must be:
- a) confirmed / "with confirm" .

2. All bank charges inside the Country of applicant are to be billed to the account of the Applicant / Drawee- NOT to the account of the beneficiary (PROLINE PROTECTION SYSTEMS LTD).

3. The Letter of Credit should indicate that the shipment is to be "freight collect". When special circumstances require shipment under pre-paid conditions, all freight and insurance charges must either be paid prior to shipment or included in the amount of the Letter of Credit. Proline Protection Systems Ltd will be happy to provide a proforma invoice with all estimated charges upon request

4. The Letter of Credit should indicate that the shipment is EX WORKS or FOB: SHIPPING POINT rather than FOB:U.K. AIRPORT. If not, the customer will be billed for any inland freight charges incurred by Proline Protection Systems Ltd.

5. The Letter of Credit expiration date should be at least 20 days after the latest shipment date. Please consult Proline Protection Systems Ltd to determine an accurate shipping date.

6. All Letters of Credit must be in the quoted in UK pounds sterling currency .for the equipment being supplied.

IF ANY OF THE ABOVE REQUIREMENTS ARE NOT MET, THE LETTER OF CREDIT WILL BE REJECTED AND THE CUSTOMER ASKED TO PROVIDE AN AMENDMENT .

Bank Account details:

PLEASE CONTACT PROLINE : Email: proline@linedetect.com or Tel: +357 26 623660 for bank account details.

Company information:

Company registered name: PROLINE PROTECTION SYSTEMS LTD

Registered Office - Kings Worthy Court, Court Road, Kings Worthy, Winchester, Hampshire SO23 7QA. UK

Country of Registration - United Kingdom.

Company Registration Number - 4421495.

V.A.T.Registration Number: GB799 9244 45