Escrow payment release duration

fsjani90fsjani90 Member Posts: 2
I am a supplier. My question has 2 parts.

1. Once we enter into a contract and goods are shipped and delivered. How much time is given to the buyer to release the payment? Can the time given to the buyer be reduced ?

2. In case we require a advance payment to be released prior to shipment. Would that be possible?

Please help me providing answers to my questions.
Thanks,
Jani
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