WE REQUIRE PAYMENT IN FULL FOR ALL 20 FOOT CONTAINER ORDERS (UPON ACCEPTANCE OF PERFORMA INVOICE). 65% DEPOSIT IS REQUIRED ON ALL 40 FOOT CONTAINERS (UPON ACCEPTANCE OF PROFORMA INVOICE) ALL BALANCES ARE DUE WHEN FINAL INVOICE IS SENT AND PRIOR TO ANY SHIPMENT LEAVING OUR WAREHOUSE. LETTERS OF CREDIT ARE ACCEPTABLE TERMS OF PAYMENT ONLY WHEN ORDER IS IN EXCESS OF $100,000 (USD) ALL LETTERS OF CREDIT MUST BE CONFIRMED IN A NEW YORK BANK AND PAYABLE AT SIGHT AT THE NEW YORK BANK. ANY AND ALL BANK CHARGES RELATED TO THE PROCESSING OF THE LETTER OF CREDIT ARE FOR THE ACCOUNT OF THE OPENERS.