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  • Installment Contract

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    Faruk Hannan
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    This document outlines a payment installment contract with 5 installments. The first installment is a local advance of BDT 500,000 received on February 10th. The second installment involves a foreign advance of $20,000 equivalent to BDT 1,717,000 to be made within 7 days. The third installment of BDT 150,000 and $10,000 equivalent to BDT 1,008,500 is due on March 29th with partial delivery by April 18th. The fourth installment pays $16,309 equivalent to BDT 1,400,128 for EU items by April 23rd. The final installment of BDT 300,000 is due on May 18th for all EU items to be delivered by May 28

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    This document outlines a payment installment contract with 5 installments. The first installment is a local advance of BDT 500,000 received on February 10th. The second installment involves a foreign advance of $20,000 equivalent to BDT 1,717,000 to be made within 7 days. The third installment of BDT 150,000 and $10,000 equivalent to BDT 1,008,500 is due on March 29th with partial delivery by April 18th. The fourth installment pays $16,309 equivalent to BDT 1,400,128 for EU items by April 23rd. The final installment of BDT 300,000 is due on May 18th for all EU items to be delivered by May 28

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    9 views1 page

    Installment Contract

    Uploaded by

    Faruk Hannan
    This document outlines a payment installment contract with 5 installments. The first installment is a local advance of BDT 500,000 received on February 10th. The second installment involves a foreign advance of $20,000 equivalent to BDT 1,717,000 to be made within 7 days. The third installment of BDT 150,000 and $10,000 equivalent to BDT 1,008,500 is due on March 29th with partial delivery by April 18th. The fourth installment pays $16,309 equivalent to BDT 1,400,128 for EU items by April 23rd. The final installment of BDT 300,000 is due on May 18th for all EU items to be delivered by May 28

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    All Payment Installment Contract

    Days
    Installment Dates
    after Total Dollar Exchange TT & other bank Final Amount in
    SL Installment number (1st party to 2nd Total Bdt rate
    Status Comment
    previou Equivalent Charge BDT
    party)
    s

    Amount delivery with china part as raw material


    1 First local Advance 10-02-20 BDT 500,000 BDT 500,000 received will arrive in same lot

    All advance will be done


    2 First Foreign Advance 09-03-20 $20,000 85 BDT 17,000 BDT 1,717,000
    within 7 days of payment

    For rest china part payment and


    handling of china product . Delivery date
    3 2nd Foreign & Local payment 29-03-20 20 BDT 150,000 $10,000 85 BDT 8,500 BDT 1,008,500 maximum 18-04-2020 .partial delivery
    will be done before

    Rest payment For All EU


    item & international
    4 3rd Foreign & local payment 23-04-20 25 $16,309 85 BDT 13,863 BDT 1,400,128
    shipment .before EU item
    Shipment

    Final Delivery date of all EU


    5 Final BDT part 18-05-20 25 BDT 300,000 BDT 300,000
    item maximum 28-05-20

    Total Final payment BDT 4,925,628

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