Payment Terms and Prices
Payment Terms and Prices
1. All prices are quoted in US dollars and are subject to applicable VAT. For export delivery, applicable customs duties, fees, and other public charges are also applicable. Freight is not included and will be charged separately. We offer FOB prices only and are solely responsible for the costs and risks of packaging and shipping the goods to the port of departure. The customer is responsible for the product price, freight, insurance, and other incurred expenses. We will cover the freight costs if the product is damaged or contaminated during transportation due to poor packaging. However, we will not accept any claims resulting from damage to the product by the logistics company or due to deliberate damage, and the customer will bear the consequences at their own risk.
If delivery exceeds three months after the contract is signed, the seller reserves the right to reasonably adjust the price based on changes in labor, material, energy, or distribution costs. If the buyer does not object to the new price in writing within two weeks of publication, it will be deemed accepted by the buyer.
2. Before delivering the goods, the Seller shall have the right to request a confirmation from the Buyer that the Buyer has deposited a payment order in favor of the Seller with the bank or other financial institution. This payment order shall be irrevocably executed immediately upon the Seller’s notification to the financial institution of the delivery or collection of the goods. If the Buyer fails to comply with this requirement, or if reasonable doubts arise during or after the conclusion of the contract regarding the Buyer’s solvency, the Seller shall have the right to terminate the contract.
3. The Seller shall have the right to request a down payment of the full purchase price before the delivery or collection of the goods. If the Buyer fails to comply with this requirement, the Seller shall have the right to terminate the contract.
4. The Buyer shall pay by bank transfer. Credit card payments shall not be accepted unless otherwise agreed. The invoice amount shall be payable immediately upon receipt of the goods and within five days. Timeliness of payment is subject to the Seller’s receipt of payment.
5. If the Buyer fails to pay on time, interest shall accrue on the unpaid amount at a rate of 5% per annum from the due date; this shall not affect the Buyer’s right to claim higher interest and further compensation in the event of default. If the Buyer has specifically agreed to payment in installments, the entire debt shall become immediately due if one of the installments is fourteen days in arrears.
6. The Buyer shall only be entitled to a right of set-off if its counterclaim is legally established, undisputed or admitted. The Buyer shall only be entitled to exercise a right of retention if its claim arises from the same contractual relationship.
If you have any questions, please contact customer service：finelensess@gmail.com.
