Payment Policy
1. Introduction
goto-id.com functions as a subsidiary of XBB FURNISHING LLC, with the website managed and overseen by goto-id.com. This Payment Policy outlines the terms and conditions that govern payments made by our B2B customers. By entering into a contractual agreement with goto-id, you acknowledge and agree to comply with the payment terms specified herein.
2. Payment Terms
lDeposit Requirement
A deposit of 50% of the total order value is required upon signing the contract. This deposit must be remitted via bank transfer to the account details provided by goto-id. The deposit secures your order and initiates the production process.
lBalance Payment
The remaining 50% of the order value is due prior to shipment to the port of loading or upon receipt of the product by the customer, as mutually agreed upon in the contract. Balance payments must also be completed via bank transfer to the account details specified by goto-id. Failure to remit the balance payment on time may result in delays.
lBank Transfer Instructions
All payments should be directed to the bank account provided in each contract. To facilitate accurate tracking, please include your order number and company name in the payment reference. It is imperative that all payment information is accurate to avoid any processing delays.
lLate Payment
Any late payments may result in delays in shipment or service delivery. goto-id reserves the right to charge interest on late payments in accordance with the terms agreed upon in the contract. Continued failure to meet payment deadlines may lead to suspension of services until the account is brought current.
lContact Information
For inquiries related to payments, please reach out to our finance department at [email] or [phone number]. We are committed to providing timely support for all payment-related questions.
lAmendments to the Payment Policy
goto-id reserves the right to modify this Payment Policy at any time. Customers will be notified of any changes in advance, and such amendments will become effective upon notification.
This policy is designed to ensure seamless financial transactions and clarity among all parties engaged in business dealings. We appreciate your cooperation and commitment to these payment terms, which help us maintain a high standard of service.