Trade policy

PRICING
All prices are FOB Guangzhou China and shown in U.S. Dollars.Our prices are subject to a special quantity or condition such as min order quantity as stated.    

PAYMENT TERMS
*Option1: 30% as deposit, balance 70% T/T after shipment against faxing shipping documents.
*Option2: 30% as deposit, balance 70% confirmed and irrevocable L/C at sight.
*After receipt of 100% payment, all original shipping documents will be immediately sent by DHL or FedEx.

Banking information:
Name of bank: CHINA MERCHANTS BANK GUANGZHOU DEVELOPMENT DISTRICT BRANCH
Address of bank: NO. 619 XIAGANG ROAD GUANGZHOU ENCONOMY AND DEVELOPMENT DISTRICT GUANGZHOU CHINA
Account name: HEDY Holding Co., Ltd.
Account No.: 2180038832001
Swift Code: CMBCCNBS131
*To wire money directly form your bank to ours you need the above information.
*All banking charges including those of negotiating and paying banks, documentation, legalization charges
are to be paid by the purchasers


LETTER OF CREDIT TERMS:
1. The L.C. must be Confirmed and Irrevocable.
2. Payable "at sight" in China at the counters of a major China bank upon presentation of documents.
3. The currency of payment must be in U.S. Dollars.
4. The L.C. must be in English language.
5. All banking charges must be for applicant's account.
6. Beneficiary name: Hedy Holding Co., Ltd
7. Shipment from: Harbor Huangpu, Guangzhou, China
8. The L.C. must be prepared subject to the Uniform Customs and Practice for Documentary Credits (UCP
500).  

Delivery:
First order: two weeks normally. If mould is needed for the first order, the delivery time will depend on
how long it will cost to make the mould.
Repeat order: 7 to 8 days
If the price term is FOB, the buyer should advise the details of the forwarder in China at least 15 days
before the shipment. If the forwarder cannot supply the space, we will be not responsible.  

Samples:
Samples are available to provide after the main trade terms as Code No., Price, Quantity, terms of payment are confirmed by buyers before they place an order. Please tell us your Courier Account No. and detail address.

Fee of Samples: Basically, the fee of samples is on the seller, while the buyer taking the
postage for the samples.

PACKING
All of our shipments are packed very carefully to ensure that they will arrive at your door undamaged. We have many years of experience in shipping both small and large orders so you can be assured that your purchases will arrive safely.  

SHIPPING RATES:
When contacting us for shipping rates, please provide the following information, so that we can determine the best method of shipping and the lowest rates:
· The destination city and country (include postal code if applicable).
· The nearest shipping port (for Ocean) -or-
· The nearest international airport (for Air cargo).
· The quantity and type of items which you are interested in.
Air cargo shipments can be quoted as "door-to-airport" or "door-to-door" (door-to-door might not be available for some locations).
Ocean shipping is usually quoted as "door-to-port" which means that the price includes all transportation and documentation charges from our warehouse to the container holding yard at the destination port. Please note that customs duties, excise taxes, clearing fees, excess storage charges and local transportation in the destination country are NOT included in the shipping rate. Where applicable, those charges will be payable by you in your country. We are not able to provide information about these items as they vary from country to country. We also cannot provide information about import licenses (if any) required by your country. We advise you to investigate these matters with your local customs clearing agents and the local governing body that regulates international commerce in your country. 

 AGENCY:
We would like to take a buyer as our exclusive agent in an area, if an exclusive agency agreement is agreed by both the buyer and seller.  

DEVELOP NEW PRODUCT
Buyers are warmly welcome to develop new products with us. When developing the new products, if the mould charge is borne by us, the buyer must assure us of an order quantity; we will have to sell freely if the buyer cannot assure such a quantity.
If the mould charge is borne by the buyer, we will make for the buyer at any quantity and will not sell to anyone else unless agreed by the buyer.
A mould for new product will not be made unless the price and quantity are agreed between the buyer and us. 

TRADEMARKS,PATENTS AND COPYRIGHT
The buyer must give us an authorization in writing that the trademarks, patent numbers or any other intellectual property which are used on the products are owned by the buyer.
We will not take action to violate, alliterate, remove, alter, conceal or misuse any such marks, trade name or copyrights. 

DISCLAIMER
Information on this page is provided as a general guideline of our policies only.Please contact us for specific information relating to any possible transaction that you are contemplating. Information contained in other communications, advertisements, offers or contracts may take precedence over these published policies and terms.