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What kind of payment way we can accept?

Update Time:2026/6/17

❓ What payment methods do you accept?

Fanda Steel offers flexible and secure payment options to accommodate different customer requirements and project scales. We work with clients worldwide and understand the importance of safe, transparent transactions.

💳 We accept the following payment methods:

1. T/T (Telegraphic Transfer) – Recommended for most orders

Price Term Payment Schedule
FOB / EXW 30% deposit in advance + 70% balance before shipment
CIF / CFR 30% deposit in advance + 70% balance against copy of Bill of Lading

2. L/C at Sight (100% Irrevocable)
• Secure and widely used for large-value orders
• Confirmed by a reputable bank
• Suitable for government tenders and large-scale projects

📋 Factors that may affect payment terms:
• Order value and quantity
• Cooperation history with Fanda Steel
• Destination country and specific requirements
• Product type (standard stock items vs. custom orders)

🏦 Banking Information:
All banking details, including beneficiary name, account number, SWIFT/BIC code, and bank address, will be provided on our Proforma Invoice or Sales Contract.

💡 What we recommend:
For first-time cooperation, we typically suggest T/T with 30% deposit, which balances security for both parties. For ongoing partnerships, we are open to negotiating more flexible terms.

📩 Contact our sales team to discuss payment terms for your specific order

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