To maintain healthy cash flow and mitigate the risks of international trade, the following terms are standard for ISK EXPORT:
Late Payment: Payments delayed beyond 7 days of the due date may incur a 1.5% monthly interest fee and potential delays in shipping schedules.
Payment Methods: We accept Wire Transfers (T/T), Letters of Credit (L/C) at Sight for large orders, and secure digital payment platforms for smaller samples.
Standard Terms (30/70): * 30% Advance Deposit: Required upon Order Confirmation to initiate production/packaging.
70% Balance: Payable upon presentation of the Bill of Lading (B/L) or before the container leaves the US port.
Currency: All transactions are conducted in USD.
Taxes & Duties: Prices are quoted on FOB (Free On Board) or CIF terms as per the pro-forma invoice. The buyer is responsible for all import duties, VAT, and local clearance taxes in the destination country.