part Seventeen Payment
　　21. As a special case , we may consider accepting your payments by D/P.
　　22.If the amount of each transaction is below $500, we agree to D/A 30 days terms.
　　23.We could grant you the favourable terms of payment as D/A 45 days after sight.
　　24.In view of the small amount of this transaction, we are prepare to accept payment by D/P at sight.
　　25.D/P or D/A is only accepted if the amount involved for each transaction is less the ￡1,000.
　　26.We request a 10% payment at the time of ordering . The remaining amount must be paid within 60 days.
　　27.We can only accept 20% cash payment in local currency. The other 80% by L/C should reach us 15 to 30 days before the delivery.
　　28. If the payment is made by installments, the annual interest is calculated by 6% and paid off at the end of each year.
　　29.Full payments must be made within 60 days.
　　30.The telegraphic transfer shall reach the bank of China at least five days before the delivery date of vessel.