INSTRUCTIONS FOR WIRE TRANSFERS

For More Information Please Contact:

Finance Department
Hi-Tech Engineered Solutions

262 KM Stone, National Highway-1,
Mandigobindgarh- 147301
Punjab.
Tel:- +91-1765-500999
Fax:- +1.302.996.5818
Email:- [email protected]


Please Note: 
Any order that is completed and awaiting shipment, but held-up by customer payment, will incur a 1% storage fee per month stored.

INSTRUCTIONS FOR LETTERS OF CREDIT

  • All irrevocable Letters of Credit (L/C) must be Confirmed by a Prime US Bank
  •  The bank fees for the issuing bank must be paid by the company opening the (L/C).
  •  Hi-Tech Engineered Solutions will pay only the Confirming Bank Fees.
  •  Payment must be made in US Dollars/Currency Settled.
  • Embarkation Port must be listed as “Any North American/ Asian Port”, we sometimes ship through Canadian and Indian ports.
  • Transshipments must be permitted.
  •  Latest shipment must be negotiated between Hi-Tech Engineered Solutions and Customer.
  • Expiration date must be at least 21 days after the latest shipment date.
  • It is highly recommended that the customer send a draft of the L/C to Hi-Tech Engineered Solutions prior to opening.
  • Corresponding bank should contact Hi-Tech Engineered Solutions once the L/C is opened.