Payment Terms | BALI SOURCING AGENT

PAYMENT TERMS

Payment methods available through international bank transfer (T / T). We do not accept L/C payment.
The buyer agrees to arrange all payments of items ordered, packing cost, agency services fees and freight cost. The buyer bears the cost of wire transfer and incoming transfer fees of the recipient bank in Indonesia.

Payment for goods:
A 50% deposit of total invoice is required to start production, balance payment upon completion of the goods where the goods have passed quality control (QC) and ready to be picked up at suppliers. We send pictures of finished goods as a proof to give buyer's peace of mind. The goods shall remain the property of the suppliers until payment in full settled by the buyer.
Please note: there is a local bank charge of US$30 for each incoming bank transfer and will be added to your invoice.
Payment for agency services fees:
Our service fee is a percentage based on your total invoice and shall be paid in full at the time of remaining payment of goods is made.
Payment for freight (if requested by the buyer):
If the buyer requests us to arrange freight from loading port in Indonesia to the port of the destination country, the buyer shall settle the freight cost immediately after receiving copies of shipping documents from us.
Shipping insurance:
The buyer is obliged for shipping insurance of 2.5% of the value of declared goods.
Original shipping documents:
As soon as the buyer settles all the above payments, we courier to buyer the original shipping documents such as copies of BL, COO, Fumigation Certificate, Commercial Invoice, Packing List, etc
PLEASE NOTE:
No cancellations are accepted once order has been confirmed, and all the deposits have been paid by the buyer will be utilized to defray costs associated with buyer’s order.

Useful Links: