With the development of infrastructure construction in the Philippines, the demand for cranes in the Philippines is also increasing. Recently, we received an order from Manila, Philippines. The customer wants to order four 2-ton CD electric wire rope hoists, which will be used for the construction of a highway near Manila. Because customers can produce gantry by themselves, they only need to buy electric hoist. Due to the urgent needs of customers, we also arrange the factory for production as soon as possible. When communicating the payment method, the customer asked us to provide the advance payment bank guarantee.
Advance payment bank guarantee: bank guarantee, a kind of bank credit, refers to the written document issued by the bank to the beneficiary at the request of the applicant or the client to guarantee that the applicant must perform certain obligations, and the guarantor will pay a certain amount or make certain economic compensation on behalf of the applicant if the applicant fails to perform its responsibilities and obligations as required. Bank guarantee is a guarantee issued by the bank to bear the payment responsibility. The bank shall bear the absolute payment responsibility according to the provisions of the guarantee. Most bank guarantees are "on demand" (unconditional guarantees) and are irrevocable documents. The parties to the bank guarantee include the trustor (the party who requires the bank to issue the guarantee), the beneficiary (the party who receives the guarantee and claims against the bank based on it), and the guarantor (the issuer of the guarantee)
Due to the current shortage of shipping, the sea freight price from China to the Philippines may be different every day, so there is no guarantee for the current sea freight price. If you need to determine the sea freight price, please liên lạc với chúng tôi in time. You can leave us a message or send an email Email: sales010@cranesdq.com. The production cycle of the four electric hoists is about 30 days. Due to our timely communication, the customer finally decided to complete the order with us
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