By including the Protection Clauses in the Letter of Credit, the supplier will not be able to receive payment without satisfying a certain level of quality standard certified by Nordson international inspection service co,.ltd.
At the same time, you could retain the right to claim for any other compensation in case of shipping problems or hidden defects.
*Inspection Certificate (I/C) is a tool to safeguard your benefits. it could be issued to supplier upon receipt your instruction for the arrangement of shipment / payment after the inspection report is released.
|