Online B2B Trade Environment Secrued

Online Payment Schedule

Lightstrade. com designates eTradePay. com as payment tool to secure and implement the transaction. Buyer and Supplier can negotiate terms of payment flexibly prior to signing the e-Contract. Once e-Contract signed, eTradePay will implement the terms of payment strictly and automatically.
First payment release to supplier upon Customs Clearance Proof at loading port
Last payment release to supplier on the

1)10th Calendar Day after the issuance of Delivery Order by forwarder for sea freight and air freight;

2)5th Calendar Day after the issuance of Cargo Receipt by Courier

How It Works

1
Online Negotiation between Buyer and Supplier
2
e-Contract Confirmed and Signed Online
3
Full Payment from Buyer to eTradePay
4
Cargo Delivery Arranged by Supplier at Loading Port
5
Counting & Inspection (Optional)
6
Customs Clearance at Loading Port
7
Issuance of Delivery Order to Buyer at Destination
8
Last Payment Release