Payment Terms

30% deposit paid by telegraphic transfer (wire transfer) upon order confirmation. This locks the machine and triggers our inspection, pre-shipment preparation, and yard payment. The remaining 70% is paid against a copy of the Bill of Lading (B/L) once the machine is loaded for shipment. Buyer typically receives the original B/L within 7 days of final payment.

For orders above $80,000 or for buyers in markets with currency controls (Egypt, Argentina, Nigeria sometimes), we accept Letters of Credit at sight. LC is more secure for the buyer but takes 7-14 days longer to set up. Buyer bears LC bank charges; we bear our bank's charges.

USD is our default and preferred currency. RMB (CNY) accepted, particularly common for Russia and Kazakhstan buyers post-2022. EUR accepted with a 1% currency adjustment. We do not accept Russian Ruble, Iranian Rial, or any sanctioned-currency payments.

For first-time buyers below $50,000, we can structure the transaction through Alibaba Trade Assurance or a similar third-party escrow. The escrow holds funds until the buyer confirms shipment and machine condition. This adds 3-5% to total cost (escrow fee) but eliminates first-transaction trust risk.

We do not accept cryptocurrency. We do not accept "agent" payments where a third party pays on the buyer's behalf without clear documentation. We do not extend credit terms — every transaction is paid in full before B/L release. These rules exist to comply with anti-money-laundering regulations and to maintain clean banking relationships.