vdoc-oxygen - What are the payment terms ?

Presentation of Damart

Referencing process

Elements for initial quotations

What are the payment terms ?
What are the delivery terms (incoterm) ?
Does the End of Year Rebate apply to me ?

Glossary

Glossary

The payment terms are established by Damart according to the Supplier’s country (invoicing country) on the basis of the table below:

ZONE	SUPPLIER’S COUNTRY	PAYMENT METHOD	PAYMENT TERM
ASIA	BANGLADESH BURMA	Letter of credit Letter of credit	At sight 45 days after delivery
	CHINA	Document against acceptance	45 days after delivery
	HONG-KONG	Document against acceptance	45 days after delivery
	INDIA	Document against acceptance	45 days after delivery
	INDONESIA	Document against acceptance	45 days after delivery
	MALAYSIA	Document against acceptance	45 days after delivery
	PAKISTAN	Document against acceptance	45 days after delivery
	SINGAPORE	Document against acceptance	45 days after delivery
	SRI LANKA	Document against acceptance	45 days after delivery
	THAILAND	Document against acceptance	45 days after delivery
	VIETNAM	Document against acceptance	45 days after delivery
EUROMED	MOROCCO	Transfer	Within 60 days from invoice date
	TUNISIA	Transfer	Within 60 days from invoice date
	TURKEY	Transfer	Within 60 days from invoice date
EUROPE	GERMANY	Transfer	Within 60 days from invoice date
	BELGIUM	Transfer	Within 60 days from invoice date
	BULGARIA	Transfer	Within 60 days from invoice date
	SPAIN	Transfer	Within 60 days from invoice date
	ESTONIA	Transfer	Within 60 days from invoice date
	FRANCE	Transfer	Within 60 days from invoice date
	GREECE	Transfer	Within 60 days from invoice date
	HOLLANDE	Transfer	Within 60 days from invoice date
	IRELAND	Transfer	Within 60 days from invoice date
	ITALY	Transfer	Within 60 days from invoice date
	LITHUANIA	Transfer	Within 60 days from invoice date
	POLAND	Transfer	Within 60 days from invoice date
	PORTUGAL	Transfer	Within 60 days from invoice date
	ROMANIA	Transfer	Within 60 days from invoice date
	UNITED KINGDOM	Transfer	Within 60 days from invoice date
	SWEDEN	Transfer	Within 60 days from invoice date

If your country is not in the list, please get in touch with your Damart contact person to obtain information on your payment terms.

DISCOUNT: only applies for transfer payments
Transfer payments are made within 60 days by default. However, Damart may apply a 3% discount to the payment if the amount is settled within 15 days of receipt of the goods.

Pre referencing bookElements for initial quotations

TITLE

What are the payment terms ?

Presentation of Damart

Referencing process

Elements for initial quotations

Glossary