Печі непобутового призначення (Підігрівачі газу типу ПГ-3)

Sorry, we cannot teach you how commercial banking works. You are solid company, have financial department etc. Talk with your bank. What we ask for is COMMON PRACTICE. Talk with Medical Procurement of Ukraine for example - they use that way otherwise nobody sells. For info attached ICC URDG 758

It is standard banking procedure. 1. Either 100% advance payment against Advance Payment Guarantee a) we open you Advance Payment Bank Guarantee of ICC URDG 758 form b) you pay in advance c) If we do not deliver, your bank draws money back from our bank using BG d) If we deliver, we provide copies of shipping documents and affidavit, confirming delivery, to our bank and it closes BG. or 2. 100% Bank Guarantee or Stand-By L/C, confirmed by first class Western bank a) You open us Bank Guarantee, confirmed by Western bank, that bank will pay if you will not pay in time b) when goods are delivered and you did not paid in time, we provide documents to our BG issued bank with affidavit that goods are delivered, but you did not pay; bank draws money from guarantee. c) when goods delivered and you paid, you provide documents to BG issued bank with affidavit that goods are delivered; your bank closing BG. This procedure is existing from 16th Century. Talk with your bank. It is elementary procedure.

1. Either 100% advance payment against Advance Payment Guarantee or 2. 100% Bank Guarantee or Stand-By L/C, confirmed by first class Western bank

After the fall of UAH exchange rate and threat of Ukraine's default in general, no other payment terms except advance or confirmed LC is realistic. MoZ is paying now only advance. UZ is reconsidering since today. About MoD I even do not say. Tomorrow USD/UAH rate can be 100...

You have NO SECURITY provided. Are you opening L/C or BG?

Please advise what kind of payment security you offer.