B2B Cashmere Payment Terms
Transparent, internationally-standard payment terms for cashmere wholesale orders. We support T/T, L/C, O/A, and D/P. New buyers start with 30% T/T deposit + 70% balance against B/L copy. Repeat buyers graduate to O/A (open account) terms after 6 months of clean trading history.
- • First order: 30% T/T deposit, 70% against B/L copy
- • Repeat orders (after 6 months): up to 30% O/A, 70% net 30
- • L/C accepted at sight or 30/60/90 days for orders $50,000+
- • Trade Assurance via Alibaba accepted (verified supplier since 2019)
- • Wire in USD, EUR, GBP, CNY, JPY — no FX fees on our side
Payment Methods at a Glance
| Method | First Order | Repeat Order | Min Order | Risk Level | Settlement |
|---|---|---|---|---|---|
| T/T (Telegraphic Transfer) | 30% deposit + 70% before shipment | 20% deposit + 80% before shipment | No minimum | Low | 2-3 business days |
| L/C (Letter of Credit) | L/C at sight | L/C 30/60/90 days | USD 50,000+ | Very low (bank-guaranteed) | 7-14 business days |
| O/A (Open Account) | Not available | 30% deposit + 70% net 30 days | USD 20,000+ (after 6 months clean history) | Medium (unsecured) | Net 30-60 days |
| D/P (Documents against Payment) | Available | Available | USD 20,000-100,000 | Low | Varies (at sight or 30/60/90 days) |
| Alibaba Trade Assurance | Available | Available | USD 500-500,000 | Very low (escrow-protected) | Order trigger instant |
| Western Union / Wise | For samples only | For samples only | Under USD 5,000 | Low | 1-2 business days |
All methods are international-standard and used by 500+ B2B buyers worldwide. Bank wire fees on the receiving side are paid by us.
Which payment method is right for you?
First-time buyers (under USD 20,000)
Start with T/T (Telegraphic Transfer) — 30% deposit upon order confirmation, 70% balance against Bill of Lading copy. This is the standard 30/70 T/T structure used across Chinese B2B manufacturing. SWIFT wire from your bank in 2-3 business days.
Mid-size orders (USD 20,000-200,000)
Use L/C (Letter of Credit) at sight for the lowest risk. Your issuing bank guarantees payment to us upon presentation of shipping documents. We accept L/C from HSBC, Standard Chartered, Citibank, Bank of China, ICBC, and other top-tier international banks. Settle 7-14 days faster than T/T when documents arrive cleanly.
Repeat buyers (after 6 months clean trading)
Graduate to O/A (Open Account) terms: 30% deposit + 70% net 30 days. For orders over USD 200,000 with audited financials, we extend to net 60 days. This saves you the FX cost of prepaying and improves your cash flow. Apply for credit assessment via the Contact Us page.
Alibaba buyers (any size)
Use Alibaba Trade Assurance for orders USD 500-500,000. Funds are held in escrow and released to us after you confirm shipment quality. We are a Verified Supplier since 2019 with USD 12M+ Trade Assurance coverage. Recommended for first orders if you want full Alibaba dispute resolution.
Payment Terms FAQ
What payment terms do you offer for first-time cashmere orders?
First-time buyers: 30% T/T (telegraphic transfer) deposit upon order confirmation, 70% balance T/T against B/L (Bill of Lading) copy. For orders under USD 5,000 we require 100% T/T in advance. The deposit is non-refundable once production begins.
Can I pay by Letter of Credit (L/C)?
Yes — we accept irrevocable L/C at sight for orders USD 50,000+. For amounts below USD 50,000 we recommend T/T instead (L/C fees are not economical for smaller orders). L/C terms we accept: 30 days, 60 days, 90 days. Issuing bank must be a top-tier international bank (HSBC, Standard Chartered, Citibank, Bank of China, etc.).
Do you offer Open Account (O/A) terms for repeat buyers?
Yes — after 6 months of clean trading history and 3+ successful orders, repeat buyers qualify for O/A terms: 30% T/T deposit + 70% net 30 days. For orders over USD 200,000 with audited financials, we extend up to 60-day O/A. Request a credit application via the Contact Us page.
What currencies do you accept for wire transfer?
USD, EUR, GBP, JPY, AUD, CAD, CNY (RMB). All bank fees on the receiving side are paid by us; the sender covers their own bank fees. SWIFT transfer usually settles in 2-3 business days; SEPA for EUR transfers within EU/EEA takes 1 business day.
Do you accept Alibaba Trade Assurance or Letter of Credit via Alibaba?
Yes — Alibaba Trade Assurance is accepted for orders up to USD 500,000. We are a Verified Supplier since 2019 with USD 12M+ Trade Assurance coverage on Alibaba. For larger orders, direct bank L/C is more cost-effective.
What is Documents against Payment (D/P) and when is it used?
D/P (Documents against Payment) means we ship the goods, then our bank sends the shipping documents to your bank. Your bank releases the documents (and therefore the goods) only after you pay the full invoice amount. D/P is used for orders USD 20,000-100,000 with buyers in countries where L/C is uncommon. Available as D/P at sight or 30/60/90 days.
Ready to discuss payment options?
Request a quote and our sales team will suggest the optimal payment structure for your order size, country, and trading history.
