Payment Instructions
How to pay your proforma
T/T bank wire and L/C details for settling Royal Spices Guatemala invoices via BAC Guatemala.
⸺ Standard terms
Two accepted settlement methods
Unless otherwise agreed in your signed proforma or contract, payment is by either (a) 30 % advance T/T and 70 % against scanned shipping documents, or (b) irrevocable, confirmed, at-sight Letter of Credit issued by a first-class bank. All bank charges outside Guatemala are for the Buyer's account.
Option A · T/T wire
Bank instructions
Please email the SWIFT MT103 confirmation to finance@royalspices.com.gt as soon as the wire is sent. Funds typically settle in our account in 1–3 business days.
Option B · Letter of Credit
Required L/C clauses
When settling by L/C, please instruct your issuing bank to incorporate the following terms. A draft L/C should be sent to us for review before issuance to avoid amendments.
- 01Irrevocable, confirmed at sight Letter of Credit.
- 02Issued by a first-class international bank acceptable to the Seller.
- 03Advised through Banco de América Central (BAC), Guatemala (SWIFT AMCNGTGT).
- 04Available by negotiation against presentation of compliant documents at counters of the negotiating bank in Guatemala.
- 05Latest shipment date: as per proforma; expiry 21 days after latest shipment date in Guatemala.
- 06Partial shipments: allowed. Transhipment: allowed.
- 07All banking charges outside Guatemala for account of the Applicant (Buyer).
- 08Documents required: signed commercial invoice (3), packing list (3), full set 3/3 original clean on-board bills of lading marked 'freight prepaid' or 'freight collect' per Incoterm, certificate of origin issued by AGEXPORT, phytosanitary certificate issued by MAGA, weight & quality certificate issued by SGS / Cotecna / Bureau Veritas.
- 09Governing rules: UCP 600.
After payment
We confirm receipt & release shipping documents
- Send the SWIFT MT103 (T/T) or L/C reference to finance@royalspices.com.gt.
- We mark the proforma paid in our system and issue an official receipt within 24 h.
- On 30/70 terms, scanned B/L, invoice, packing list, certificate of origin and phytosanitary are emailed against the 70 % balance.
- Originals are couriered via DHL to the address on your KYC file.
Questions about your invoice?
Our finance desk replies within one Guatemalan business day.
Bank details above are reference values. Always reconcile against the bank block printed on your signed proforma invoice.