In order to maintain the smooth and efficient transactions between the two parties and ensure the security and transparency of the capital flow, we hereby clarify the payment method requirements of our company. We always adhere to the principles of win-win cooperation and honesty and trustworthiness, and hope to establish long-term and stable business relationships with all partners. The following are the detailed requirements of our company for payment methods:
T/T wire transfer: We recommend and give priority to bank transfer as a payment method. Please make sure to fill in the correct receiving account information when transferring, including the name of the payee, account number, bank of opening, etc., to avoid delays or returns of funds due to incorrect information.
Account confirmation: After receiving the payment, we will promptly confirm the receipt by email or phone, and arrange subsequent production or delivery and other service provision work accordingly.
Third-party payment platform: For some online transactions or small payments, we accept payment through mainstream third-party payment platforms such as WeChat Pay and PAYPAL. Please make sure to select the correct payment object when paying, and keep the payment voucher for reference.
Please note that using a third-party payment platform may incur certain handling fees, which are usually borne by the payee.
Letter of Credit:
For large transactions with an order amount of more than US$500,000, we can accept an irrevocable letter of credit at sight as a payment method.
Usually we use a deposit of 30%, and the balance of 70% is paid before the product leaves the factory.
After receiving the full payment, we will issue PI/CI/packing list, etc. for customer needs. When the goods are on board, we will issue a bill of lading for the goods for the customer. If the customer needs other documents, you can communicate with us in advance.
Please provide accurate consignee information before payment, including but not limited to company name, address, telephone number, contact person, etc.
Change Notice: If the payment method needs to be adjusted due to changes in bank account information or other reasons, we will notify all partners and customers in writing in advance. Please keep your contact information open so that you can receive relevant information in a timely manner.
If any dispute arises during the payment process, both parties should resolve it in a friendly manner. If the negotiation fails, the dispute resolution method agreed in the contract can be used for settlement.
We sincerely hope that the above payment method requirements can be understood and supported by you. If you have any questions or need further communication, please feel free to contact us. Let us work together to create a better future!
