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Advance Payment
Author:管理员    Released in:2017-09-24 22:49:45    Written words:【Big】【In the】【Small
Abstract:Advance Payment and Waiver conditions

1. Advance Payment

As a rule, we normally request for an Advance Payment for all customized Orders. The Advance Payment is intended for covering the cost for raw materials and accessories, and also intended to avoid non-payment risk. In case of Advance Payment, Full Payment shall be effected when delivery is made.


2. Waiver of Advance Payment

But, for initial orders by reputed schools/customers, we also consider Waiver of Advance Payment, but full payment must be effected when production is completed and the quality complies with the standard agreed.

In case of Waiver of Advance Payment,

(1) buyers shall issue a Formal Purchase Order, and promise to effect payment when production is completed, and the quality complies with the standard agreed.

(2) In addition to the formal Purchase Order, the price shall also be increased by 5% covering the financial cost for raw materials, accessories, and inspection by buyer.

(3)  For inspection purpose, we will provide the Economic Class Round-Trip Ticket for the inspector by buyer. But, buyer shall visit our place within 15 days after our Notice of  Ready for Inspection.

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Address:607# Zhenxing Mansion,Yangxin Industrial Park,Hubei,China

Post Code:435200

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