Payment Methods

Accepted Instruments

Four ways to pay

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T/T · Wire Transfer

Telegraphic Transfer

Direct bank-to-bank SWIFT transfer. Fastest settlement, lowest bank fees for most buyers. Accepted in USD, EUR, CNY, JPY, and THB.

Standard Schedule: 30% deposit upon order confirmation · 70% balance before vessel loading (B/L release) Currencies: USD · EUR · CNY · JPY · THB

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L/C · Letter of Credit

Irrevocable L/C at Sight

Irrevocable Letter of Credit opened through a first-class bank. Payment guaranteed upon presentation of conforming documents. Preferred for large-volume or first-order buyers.

L/C Terms: At sight · Irrevocable · Confirmed (on request) Minimum Value: USD 10,000 Validity: 90 days from issuance

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D/P · Documents against Payment

Documents against Payment

Shipping documents released only upon full payment at the buyer's bank. Available for established buyers with prior trading history.

Condition: Prior trading history required (min. 2 completed shipments) Currencies: USD · EUR

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D/A · Documents against Acceptance

Documents against Acceptance

Documents released upon buyer's acceptance of a time draft. Available to long-term partners on a case-by-case basis after credit evaluation.

Condition: Long-term partners only · Subject to credit evaluation Tenor: 30 / 60 / 90 days (negotiable)

Beneficiary Bank

Wire Transfer Details

Use the details below for T/T payments. Please include your invoice or PO number in the payment reference field.

Beneficiary Name MAHANAKORN TAPIOCA CO., LTD.

Account Number — Please request via email —

Branch Udon Thani Branch

Bank Address 333 Prajak Sillapart Rd, Udon Thani 41000, Thailand

Accepted Currencies USD · EUR · CNY · JPY · THB

Correspondent Bank (USD) JPMorgan Chase Bank, N.A.
New York, USA · SWIFT: CHASUS33

⚠ Important: All bank charges outside Thailand are for the buyer's account (OUR or SHA basis). Please quote your Invoice Number or Proforma Invoice reference in the transfer details. Full bank account number will be provided in the confirmed Proforma Invoice.

Standard Terms

Payment schedule by order type

Terms are subject to final agreement in the Sales Contract. Special terms may apply for new buyers or large-volume orders.

Order Type	Method	Deposit	Balance	B/L Release
New buyer First 1–2 orders	T/T	100% Prepaid	—	After receipt
Standard order Established buyers	T/T	30% deposit	70% before loading	After receipt
Large volume > 3 × 40ft FCL	T/T or L/C	30% deposit	70% against copy B/L	After balance
L/C order All order sizes	L/C at Sight	—	100% upon doc. presentation	After receipt
Long-term partner Annual contract	D/A or T/T	Negotiable	30–90 day terms	Negotiable

FAQ

Common questions

MOQ is typically 1 × 20ft FCL (approx. 25 MT for starch). Smaller trial orders (1–5 MT) are available at a sample surcharge. Please contact us to discuss your requirements.

USD is our primary invoicing currency for international orders. We also accept EUR, CNY, JPY, and THB. Exchange rates are fixed at the date of Proforma Invoice issuance.

SWIFT T/T payments typically clear within 1–3 business days depending on the correspondent bank. Once confirmed, we issue an order acknowledgment and begin production scheduling within 24 hours.

Yes. We accept CNY settlement via Bangkok Bank's cross-border RMB clearing channel. Please inform us at the time of inquiry so we can issue the Proforma Invoice in CNY with the applicable exchange rate.

Standard export documentation includes: Commercial Invoice, Packing List, Certificate of Origin (Form D / Form E / GSP as applicable), Bill of Lading, Phytosanitary Certificate, Certificate of Analysis (COA), and Health Certificate. Additional documents (e.g. HALAL certificate, fumigation certificate) available on request.

For first-time buyers we typically require 100% T/T prepayment or an irrevocable L/C at sight. After the first 2 successful transactions, we can offer 30/70 split payment terms. We understand that trust takes time — we're happy to start with a smaller trial shipment to build the relationship.

Ready to place an order?

Send us your product, grade, quantity and destination port. We will reply with a Proforma Invoice within one business day.

Send Inquiry→ Email us directly