Examples of FDD in a sentence
In case of imports, payments are usually made through Letter of Credit (LC) / wire transfer / FDD wherever applicable.
The ordered quantity of stores must be delivered within 12 to 14 weeks in the case of indigenous equipment and 14 to 16 weeks in the case of imported equipment after opening of L.C. / FDD and Wire Transfer.
In this case on receipt of your Order Acknowledgement an FDD will be established for total ordered value, thereupon, a Xerox copy of the FDD will be sent to you which will enable you to send the materials.
On satisfactory receipt and acceptance of the materials or satisfactory installation and commission of the equipment the Original FDD will be sent to you.
However, payment of your bill will be made after receipt of the articles in good condition by way of DEMAND DRAFT / Foreign Demand Draft (FDD) or Wire Transfer .