Policy
Can advance settlement be applied to overseas payments in global projects?
Overseas payments in global projects are calculated on the basis of Korean Won (KRW)
the same way as domestic projects, enabling advance settlement.
1. The criteria for advance settlement application are the same as for domestic projects.
- Overseas payments are also covered by advance settlement services together with domestic payments.
- Settlement standards, payment timing, and settlement methods are all applied in the same manner as domestic projects.
2. The settlement cycle varies depending on the project type.
- The settlement schedule differs depending on the type you select from Funding or Pre-Order.
- This also follows the same policy standards as domestic projects.