Payment terms

Payment Terms

1. General Provisions

These payment terms govern the settlement procedure between:

Suzhou Macxi Fluid Technology Co., Ltd.
(hereinafter referred to as “Seller”)

and the Buyer.

2. Currency of Payment

Payment is made in the currency agreed upon by the parties, including:

  • USD (United States Dollars)
  • EUR (Euros)
  • other currencies by agreement

3. Payment Methods

Available payment methods:

  • bank transfer (T/T)
  • international bank transfers
  • other methods by agreement

4. Main Payment Condition

✔ 100% prepayment is mandatory for all orders

This condition applies to:

  • standard products
  • custom-made products

5. Conditions for Production Start

Product manufacturing begins only after all the following conditions are met:

  • order confirmation by the Seller
  • agreement on technical parameters
  • receipt of 100% payment to the Seller's bank account

Until full payment is received, the Seller:

  • is not obliged to start production
  • is not obliged to reserve goods
  • has the right to change delivery times

6. Buyer's Obligations

The Buyer confirms that:

  • understands the individual nature of the product
  • agrees to commence production only after full payment
  • accepts these payment terms

7. Payment Default

In case of non-payment:

  • the order is not considered confirmed
  • delivery times are not fixed

The Seller has the right to:

  • cancel the order
  • change delivery terms

8. Bank Charges

All bank fees and charges associated with the transfer of funds are paid by the Buyer.

9. Order Cancellation and Refunds

Order cancellation is possible only after prior agreement with the Seller.

After payment is received and production begins:

  • the order is considered individual
  • production is considered launched

In case of order cancellation:

The Seller has the right to withhold actually incurred expenses, including:

  • cost of materials
  • production costs
  • production preparation
  • other actual expenses

The remaining amount (if applicable) is subject to refund to the Buyer.

If the incurred expenses are equal to or exceed the payment amount:

✔ no refund will be issued

10. Payment Confirmation

After making a payment, the Buyer is obliged to provide proof of payment (payment order).

11. Additional Conditions

  • The Seller has the right to establish individual payment terms for separate projects
  • final terms are specified in the invoice, commercial offer, or contract

12. Contact Information

Email: 13328001638@163.com
Phone: +86 13328001638

Update date: 2026