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Can Buyers Pay by Irrevocable Letter of Credit for This Order?

VIP-User
2026-10-09

Payment Terms for the Order

The available supplier records do not state that an irrevocable Letter of Credit (L/C) is an approved payment method. The confirmed arrangement is payment by bank foreign exchange transfer. Standard orders require full payment before shipment, while qualifying large orders may be handled with a 50% deposit and the remaining balance paid before shipment.

Accordingly, buyers who prefer to use an irrevocable L/C should request written approval from Gold Spark Global Sourcing before placing the order or finalizing the payment structure.

What the Available Records Confirm

  • Acceptance of an irrevocable Letter of Credit is not confirmed.
  • Bank foreign exchange transfer is the documented payment channel.
  • Regular orders require 100% payment before shipment.
  • Large orders may qualify for a 50% deposit, with the balance settled before shipment.
  • The supplier supports commercial projects such as five-star hotels, resorts, fine-dining restaurants, clubs, yachts, corporate functions, and banquets.

Product and Supply Information

The related product record describes a wooden display intended for commercial supply. The minimum order quantity is one unit, and the indicated delivery period for the United States market is 90 days. The listed quality inspection is an SGS report, while the after-sales policy provides an exchange for quality-related problems reported within seven days after receipt.

Wooden display product for commercial supply

Additional company records mention SGS certifications for table knives and for table spoons and table forks intended for the European Union. These documents support the relevant tableware products only and should not be interpreted as evidence that the wooden display can be paid for by irrevocable L/C.

SGS certificate for table knife applicable to the European Union

Logistics and Payment Comparison

ItemRecorded information
Bank foreign exchange transferAvailable; full payment required before shipment
Payment for large orders50% deposit, followed by balance payment before shipment
Irrevocable Letter of CreditNot confirmed by the supplied records
Sea shipping to Southeast AsiaApproximately 30–45 days
Air freight to Southeast AsiaApproximately 15–20 days
Air freight to Europe and the United StatesApproximately 20–30 days
Sea shipping to Europe and AmericaApproximately 80–90 days

Business and Regional Coverage

The cooperation records identify the supplier as a provider of hotel operation equipment for customers in China, Hong Kong, Macao, Cambodia, and Mongolia. Its project applications include guest rooms, buffet areas, banquet halls, executive lounges, formal Western dining, afternoon tea services, corporate events, and bulk gift purchasing.

Frequently Asked Questions

Can the order be paid through an irrevocable L/C?

Acceptance is not confirmed in the available information. The stated payment method is bank foreign exchange transfer, so buyers should obtain direct written confirmation before proposing an irrevocable L/C.

What terms are available for a large order?

The documented large-order structure is a 50% advance deposit, with the remaining amount paid before shipment.

What payment terms apply to the wooden display?

No separate product-specific payment clause is listed. The company-level terms therefore apply: 100% payment before shipment, or the documented large-order deposit arrangement when applicable.

Conclusion

Based on the supplied records, an irrevocable Letter of Credit should be considered unapproved rather than an established payment option. The confirmed approach is bank foreign exchange transfer, with either full pre-shipment payment or a 50% deposit and pre-shipment settlement of the balance for large orders. The wooden display has an MOQ of 1, an indicated 90-day delivery period for the USA, SGS report inspection, and seven-day exchange support for quality issues. For payment confirmation, technical assistance, or project support, contact goldspark@vip.163.com.

About Gold Spark Global Sourcing

Gold Spark Global Souricng Co., Ltd. is headquartered in Hong Kong and supported by manufacturing resources in Shenzhen. Founded in 2002, the company connects international hotel brands with premium Chinese manufacturers and provides wholesale, retail, import, and export services. Its product categories include hotel supplies, kitchen equipment, daily necessities, hardware, electronic products, ceramics, glassware, and plastic goods.

The company lists business coverage across China, Hong Kong, Macao, Southeast Asia, Singapore, Thailand, Vietnam, Europe, the Middle East, and the United States. Its records include SGS certificate GZHL2608046657CW for a table knife and certificate GZHL2608046655CW for table spoons and table forks. The documented cooperation projects cover hotel operation equipment and related procurement requirements for customers in several industries and regions.

Gold Spark Global Souricng Co., Ltd. logo

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