THE PAYMENT TERM OF 90 DAYS AFTER THE ARRIVAL DATE FCIB’S QUERY RELAYED BY KIM CHRISTENSEN TO LCM TRADE SERVICE UPDATES’ COUNTRY CORRESPONDENTS FOR COMMENTS Dear FCIB Members: A fellow member has a question regarding Payment Terms – Automotive Aftermarket Industry. I am interested if there is a "best practice" for determining payment terms, specifically to vendors in China. If terms are FOB China; 90 day terms. (I realize this … Read More