Payment Catalog

The Order Payment Catalog is not a standard term in international trade. It usually refers to a summary list of payment methods, installment milestones, and corresponding amounts or percentages established by the buyer or seller for a specific order or long-term cooperation. It is commonly used in large equipment, engineering projects, or installment delivery contracts to clarify the payment conditions at each stage, such as advance payment, progress payment, shipment payment, acceptance payment, and final payment. Usage scenarios include contract attachments, proforma invoices, or order confirmations, making it easier for both parties to check payment progress. Precautions: It must be combined with specific payment methods such as letters of credit and documentary collections, and the trigger conditions for each payment (such as documents, time, or events), as well as the currency and exchange rate, must be clearly specified. Unlike a 'Payment Schedule,' which focuses more on timing, a 'catalog' emphasizes a consultable list format; compared with 'Payment Terms,' it is more specific to each amount.