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Terms of Trade

Swift offers a wide range of customized credit facilities to customers ranging from payment on presentation of invoice to 21 days from date of invoice. Payment on presentation of invoice refers to a scenario where all daily transactions from Monday to Friday are lumped together on a weekly invoice that will be printed every Saturday. Delivery of the invoice to the customer will be done between Monday and Wednesday of the week following week of transactions. Payment for the invoice would be by Friday the same week.