Payment & Terms
Clear terms, structured around delivery.
Industrial trade isn't a checkout. Payment is structured around your order's milestones and settled through the established instruments of international trade — with the exact terms confirmed in your proforma invoice before anything proceeds.
How it's structured
Payment follows progress.
Rather than everything up front, payment is tied to milestones in the seven-stage process — so funds move as the work does.
01 · Deposit
To commence
A deposit confirms the order and funds supplier procurement and qualification.
02 · Progress
Against milestones
Staged payments aligned to production, quality inspection, and readiness for shipment.
03 · Balance
On documents / delivery
The balance settles against shipping documents or on delivery, per your agreed terms.
Exact percentages and timing are set per order and confirmed in writing on your proforma invoice. Korvanta does not request payment outside the terms of that invoice.
How you pay
The instruments of real trade.
We settle through the channels serious buyers and banks already trust — not card processors.
Bank transfer (T/T)
The standard for international trade. You receive a proforma invoice with banking details and settle by telegraphic transfer.
Letter of Credit (LC)
Bank-guaranteed settlement for larger orders — the bank pays against shipping documents, protecting both sides.
Escrow
For new relationships, funds can be held by a third party and released against agreed milestones — trust, demonstrated.
What protects you
Money moves with the goods.
Because payment is tied to milestones — and because we inspect before shipment — funds are released against verified progress, not promises. The documentation behind each stage is yours to hold.
See the assurance frameworkVisibility
Track order and payment in one place.
Once your order is open, the Client Portal shows where it is in the seven-stage process and its current payment status — so there are no surprises on either side.
Open the Client PortalConsultation
Let's scope the terms for your order.
Bring us your requirement and we'll propose a clear payment structure alongside the execution plan. No obligation.