Payment Chart

The Order Payment Chart is a summary document in foreign trade contracts that lists payment milestones, amount percentages, trigger conditions, and corresponding documents in a visual table or graphic format. It typically appears in proforma invoices, sales contracts, or letter of credit annexes to clearly present arrangements for deposit, pre-shipment payment, payment against copy of bill of lading, and balance payment. Use cases include: installment payments for large orders, advance payment for customized products, and mixed settlement of letter of credit and telegraphic transfer. Precautions: The chart must be strictly consistent with the contract text and letter of credit terms, avoiding confusion between 'payment against copy of bill of lading' and 'payment against original bill of lading'; also, the party bearing bank charges and exchange rate risks must be clarified. The difference from 'payment terms' is that the payment chart is a visual summary of the terms, more intuitive but without independent legal effect, and the contract text shall prevail; the difference from 'payment plan' is that the chart emphasizes milestones and percentages, while the plan focuses more on time sequence.