Basic Policy

The total amount must be paid before shipment by T/T (Telegraphic Transfer)
Buyer should pay the total amount by Telegraphic Transfer prior to the shipment.
Prepayment of agreed amount (10%~50% of the total amount) should be made within 3 working days after
the date of contract or 3 days after the buyer gets Proforma Invoice from SK Encar.
The balance amount should be made within 7 days after making the prepayment.
Prepayment is non-refundable if the buyer cancels the order.
  Or
Buyer may pay 100% T/T altogether within 3 working days upon receiving P/Invoice before shipment.
Buyer should send us the confirmation document by fax after he realizes the payment.


Exceptional Policy
1. L/C
When the total amount of order exceeds 20, 000USD, Buyer can open L/C (Letter of Credit)
on the agreed condition with our company.
A prepayment (10% of the total amount) should be paid by T/T within 2 working days after
confirming the order.
Balance amount should be paid by an irrevocable L/C at sight.
2. Deposit
When Buyer plans to visit Korea to check and inspect our stock, he should pay 10% of vehicle price by
T/T as deposit in order to book the stock he wants to see.
When Buyer and our company agree on sales contract for collecting specific vehicles in quantity, Buyer
should pay the deposit in the amount agreed on the sales contract before the collection starts.