What is the payment terms?
Question
Ryoudiza
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Answer ( 1 )
Payment Terms
30% down payment by T/T in advance,
70% by T/T before shipment.
I understand for the first time cooperation, you may worry about the quality of machine.
For this problem, alibaba can solve it. We can trade in alibaba. Alibaba has trade assurance order.
1)The buyer pays to Alibaba first. After the buyer receives the goods and confirms that there is no problem, Ali will pay to the seller. It is a guarantee for the buyer.
If there is a dispute during the transaction. , and the reason of the seller, then Alibaba will return the payment to buyer first.
2)Orders can be initiated by the buyer or by the seller. Regardless of who initiated it, the order will only be established after the two parties have confirmed it.
3)The contract content mainly includes: product name, product image, specification, quantity, unit price and total price, prepayment (deposit), payment method (currently accept T/T; Visa or Master Card credit card; E-checking US checking account, trade method (such as FOB, CIF, CNF), agreed delivery time and quality requirements.
So in this way, alibaba will protect the buyer and seller profit.