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Payment Term

Posted: Sat Dec 30, 2017 6:06 am
Dear all,
I have received a spare parts Quotation from seller shown all terms clear except payment Term indicated as "placing by order"
Please inform me about the meaning of this article.

Re: Payment Term

Posted: Fri Jan 12, 2018 6:09 pm
by Navi

I don't think it is a generally known payment term. You should ask for clarification, what they mean by "placing by order".