Shipping and Payment Terms

Worldwide Shipping

Modes

FAS, FOB, CFR, and CIF transportation modes are possible

Picture

Picture confirmation of goods fraom loading to departure of containers

Price

We sell always for fair price. Preferred currency: US$

Payment

We support T/T Payment L/C and D/P Payment methods

Law

All contracts are regulated by Suriname law

Control

All cutting and loading processes are controled  by SBB specialists

Worldwide Shipping

Baco Wood is specialist in export business. We export 100% of our yearly production. Our customers are all over the world to find. We export a broad range of products to countries in Asia, Europe, India, North and South America. As the international community is our target, we work with our own trucks who takes our fresh cut, or processed product from the source and deliver it to the nearest port. Working with Baco Wood means you can expect minimal shipment time and best service.

Incoterms

Incoterms (FAS, FOB, CFR and CIF) are International Commercial Terms. These terms are pre-defined and published by the International Chamber of Commerce (ICC). They are widely used in International commercial transactions or procurement processes. A series of three-letter trade terms related to common contractual sales practices, the Incoterms rules are intended primarily to clearly communicate the tasks, costs, and risks associated with the transportation and delivery of goods.

Payment

T/T payment in advance
L/C Letter of credit
D/P (document against payment)


  • T/T payment. T/T stands for telegraphic transfer, a form of bank transfer. T/T payments are a cheap and fast way of transferring money overseas through most banks. T/T payment is one of the simplest forms of international transfers. It takes 3-4 days for us to received the wire transfer made from anywhere in the world.
    T/T payment
    easy and fast
    -
  • L/C Letter of credit. An irrevocable Letter of Credit is also an often used payment method for International commercial transactions. Letters of Credit are formal payment methods that offer a lot of protection to the parties. An L/C is written by the importer's bank to the exporter. It verifies that the payment will be guaranteed when the bank is presented with the concrete documents (bill of lading, and freight documents). Most letters of credit are "irrevocable" once the importer has had them sent. There are many different ways to determine an LC.
    L/C Letter of credit
    safe method
    -
  • D/P (document against payment)  is an payment  arrangement under which an exporter instructs the presenting bank to hand over shipping and title documents to the importer only if the importer fully pays the accompanying bill of exchange or draft. Also called cash against documents. The major advantage of the use of D/P payment are the low cost, versus using a L/C (letter of credit).
    D/P (document against payment)
    low cost
    -
  • Trust and partnership. Payment against documents arrangement involves a high level of trust. To our customers who have long-standing relationships with us, we usually make the payment arrangement as 30% made via T/T advance payment and 70% made via D/P to expedite the whole transaction process. The base of our relationship with our customers is mutual trust.
    Trust and partnership
    mutual trust
    -
 

Additional service you can expect from Baco Wood

  • Documentation. Picture and movie documentation of goods from loading to shipping containers.
    Documentation
    no problem
    -
  • Pesticides. Under the strict control by the Suriname government (SBB) we use pesticides to protect Your timber against pests.
    Pesticides
    no pests
    -
  • S-Iron. To avoid cracks in the trunks, we use S-iron for the logs
    S-Iron
    no cracks
    -

Customer requirements

We fulfill Your wishes