Customer Contract

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📖 Detailed Explanation

Customer Contract in foreign trade specifically refers to a written agreement signed with a particular customer that stipulates the rights and obligations of both parties, usually refined based on a framework agreement or Sales Confirmation. Usage scenarios include: formal cooperation after new customer development, establishment of long-term supply relationships, customized product transactions, etc. Precautions: must clearly specify product name, specifications, quantity, unit price, trade terms (such as FOB, CIF), payment methods (such as T/T, L/C), delivery time, inspection standards, liability for breach of contract, and dispute resolution methods; note the distinction between a Customer Contract and a Purchase Contract—the former is defined from the seller's perspective, while the latter is from the buyer's perspective; also distinguish it from a Proforma Invoice, which is merely an invitation to offer and has no legal binding force. A Customer Contract takes effect after being signed and sealed by both parties and is an important basis for resolving trade disputes.

📝 Examples

1. We have drafted the customer contract according to your requirements. Please confirm the payment method as 30% advance payment, with the balance against a copy of the bill of lading, and return it signed and sealed. (Note: The salesperson sends the contract to the customer and reminds them of key terms.) 2. Because the force majeure clause in the customer contract did not specify pandemic situations, a dispute arose between the parties, and it is recommended to supplement and revise it later. (Note: Imperfect contract terms led to a dispute, emphasizing the importance of reviewing details.)

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