Normally payment is through irrevocable letter of Credit. However after satisfactory dealings in couple of shipments, the credit terms can be agreed upon between Customers and Shengjin. Currently Shengjin offers shipments under:

1. Letter Of Credit - Sight / Credit
2. Document against payment - COD
3. Advance Payments.
4. Part advance payments 10%- 25% advance and balance against DP/COD.
5. Telegraphic Transfer.
6. Cash In Advance.
7. DA 60 days after the shipment.
8. Prices Are Usually FOB* or CIF* See Below:

*F.O.B.: Free on Board: Shipped under a rate that includes costs of delivery to and the loading onto a carrier at a specified point. Normally the country of production.

*C.I.F.: Cost, Insurance and Freight: Price determined at point of destination that includes the cost of goods. The marine insurance and all transportation charges are calculated from point of destination. Normally your usual importing port.

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OUR COMANY BANK INFO AS BELOW:
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CHINA CONSTRUCTIN BANK RE REMITTANCE :

USD ACCOUNT:
REMITEE`S BANK: CHINA CONSTRUCTION BANK, FUJIAN BRANCH.    
INTERMEDIARY BANK: WACHOVIA BANK N.A. NEW YORK    
A/C NO: 2000-1911-81056    
SWIFT CODE: PCBCCNBJFJX    
BENEFICIARY: NANAN SHENGJIN STONE CO., LTD.    
ADD: KANGMEI TOWN, NANAN CITY, FUJIAN PROVINCE, CHINA.    
A/C NO: 35065630814221000200078 

EURO ACCOUNT:
REMITEE`S BANK:CHINA CONSTRUCTION BANK,HEAD OFFICE.
INTERMEDIARY BANK:CHINA CONSTRUCTIN BANK,FRANKFURT.
A/C NO.:1500100007
B/E A/C NO.:  35033656100229200078
BENEFICIARY:  NANAN SHENGJIN STONE CO.,LTD.
BANK SWIFT NO.: PCBCDEFE
B/E A/C NO: KANGMEI TOWN,NANAN CITY,FUJIAN CHINA.

AUD ACCOUNT:
REMITEE`S BANK:CHINA CONSTRUCTION BANK,HEAD OFFICE.
INTERMEDIARY BANK:NATIONAL AUSTRALIA BANK MELBOUREN.
A/C NO.:CHIN-015
SWIFT CODE: NATAAU33
BENEFICIARY:  NANAN SHENGJIN STONE CO.,LTD.
ADD: NANAN ,QUANZHOU,FUJIAN CHINA.
B/E A/C NO..:  35065630829221000200078
RELATIONSHIP BANK :CHINA CONSTRUCTION BANK,QUANZHOU BRANCE.
TLX:928040 CCBQZ CN
SWIFT CODE :PCBCCNBJFJQ

GBP ACCOUNT:
REMITEE`S BANK:CHINA CONSTRUCTION BANK,FUJIAN BRANCE.
INTERMEDIARY BANK:BARCLAYS BANK PLC.
A/C NO.:203253 63889319
B/E A/C NO..:  35012656100229200078
BENEFICIARY:  NANAN SHENGJIN STONE CO.,LTD.
BANK SWIFT NO.: BARCGB22
B/E ADD: KANGMEI TOWN,NANAN CITY,FUJIAN CHINA.

BANK OF CHINA RE REMITTANCE :

BENEFICIARY：NANAN SHENGJIN STONE CO., LTD.
A/C No：834009271108094038（EUR）
             834009271108094029（AUD）
             834009271108094014（USD）
             834009271108094013（HKD）
A/C WITH：BANK OF CHINA NANAN SUB-BR,FUJIAN
ADD OF BANK:No.478 CHENGGONG STREET, NANAN, FUJIAN P.R.C
SWIFT CODE;BKCHCNBJ720
TEL ：0086-595-86653388

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WE ALSO ACCEPT PERSONAL PAYMENT, RE REMITTANCE AS BELOW:
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CITIBANK BANK:

INWARD REMITTANCE BANKS NAME:CITIBANK (HONGKONG) LIMITED,
ADD:MONGKOK BRANCH,PUNFET BUILDING,699-701 NATHAN ROAD,MONGKOK,KOWLOON,HK
SWIFT ADDRESS:CITIHKAX(MT103)
TESTED TELEX MESSAGE AT TELEX NO.:73243 FNCB HX
GCN CODE:HKGCE
IN FAVOUR OF SU SHIYONG
FOR ACCOUNT NUMBER:250-387-83580476

BANK OF CHINA :

B/E A/C NO.:4559100-0188-028545-0
B/E NAME:   SU SHIYONG
TEL N0.:86-595-86653388
INWARD REMITTANCE BANKS NAME：BANK OF CHINA NANAN SUB-BR,
ADD：No.478 CHENGGONG STREET, NANAN, FUJIAN P.R.C
SWIFT CODE: BKCHCNBJ720
TEL：86-595-86682185