FMC Payment Terms for Suppliers

To be competitive in our industry, FMC’s standard payment terms are 90 days or longer, unless contracted otherwise or government restrictions apply. Suppliers providing goods and services to FMC locations in Brazil, Denmark, Hong Kong, and North America will have the option to enroll in the Citibank Supplier Finance Program, which will enable them to be paid in less than 15 days at a negotiated discount rate to be agreed directly with Citibank. We are also continuing to enable Supplier Finance in more countries.

If you have any questions or concerns, please reach out to your Procurement representative or the FMC Payment Terms Office at FMC.PaymentTerms.Office@fmc.com. Be prepared to reference your supplier name, supplier number, location, and other relevant payment or supplier information. The answers to commonly asked questions are included in the Frequently Asked Questions (“FAQs”) section noted below.

What does “net 90 days” mean?

It means FMC will pay the full invoice amount within 90 days, calculated from the invoice date.

How was the payment term net 90 days selected?

FMC conducted extensive research, including benchmarking against its industry standards, and as a result of the data, will standardize terms to be net 90 days or longer (with exceptions for shorter periods where required by law in some countries).

What actions should I take?

Please ensure that your accounts receivable department is aware of your payment terms with FMC. Suppliers who wish to participate in the Citibank Supplier Finance program please reach out to your Procurement representative and the FMC.PaymentTerms.Office@fmc.com.