Trade Terms

Trade Terms

To ensure a smooth transaction process, kindly familiarize yourself with our trade terms:

Reservation Period:

  • Duration: Unless explicitly stated otherwise, a vehicle is reserved for three (3) business days.
  • Payment Requirement: A minimum of 50% payment is required within the reservation period.
  • Cancellation: Failure to make the required payment within the specified time frame will result in the automatic cancellation of the order.

Shipping Procedure:

  • Initiation: The shipping procedure commences upon the receipt of the agreed deposit from the customer.
  • Deposit Agreement: The deposit amount is mutually agreed upon by the customer and SBT.

Full Payment and Document Dispatch:

  • Payment Completion: Upon receiving the full payment, we will dispatch all necessary documents promptly.
  • Courier Service: Documents will be sent via reputable courier services such as DHL or FedEx.

Letters of Credit (L/C):

  • Acceptance: We accept Letters of Credit at Sight from selected countries.
  • Bank Consultation: Customers are advised to contact their nearest bank to understand the required documentation for this payment method.

Telegraphic Transfer (TT):

  • Verification: A scanned copy of the TT (Telegraphic Transfer) is required after payment to prevent any shipping or document preparation delays.
  • Efficiency: This ensures a swift and efficient processing of your transaction.

Understanding and adhering to these trade terms will contribute to a successful and hassle-free vehicle purchase from For specific queries or further clarification, please do not hesitate to contact us.

Note: Trade terms are subject to periodic updates, and customers are encouraged to refer to the latest terms during their transactions for accuracy.