Payment Terms

Introduction

At Longchen Technology, we strive to provide clear, secure, and transparent payment arrangements for international customers.

This Payment Terms page outlines our general payment procedures, accepted payment methods, and order processing policies.

Specific payment arrangements may vary depending on project size, machine configuration, customization requirements, and mutual agreement between both parties.

Accepted Payment Methods

For international transactions, we primarily accept:

💳 T/T (Telegraphic Transfer)

Bank wire transfer is our preferred payment method for international orders.

T/T payments provide a secure, efficient, and widely accepted method for processing international business transactions.

Bank account details will be provided on official quotations, proforma invoices, or commercial agreements.

Customers are advised to verify payment information directly with our sales team before making any payment.

Standard Payment Structure

For most equipment orders, the typical payment arrangement is:

Step 1 – Deposit Payment

A deposit payment is required to confirm the order and begin production scheduling.

Typical deposit arrangements may range from:

✔ 30% Deposit

or

✔ 50% Deposit

depending on the project requirements.

Production will commence only after the agreed deposit has been received and confirmed.

Step 2 – Balance Payment

The remaining balance is generally payable before shipment.

Prior to requesting final payment, Longchen Technology may provide:

✔ Equipment photos

✔ Testing videos

✔ Inspection records

✔ Packaging photos

✔ Relevant shipping documentation

This process allows customers to verify equipment completion before final payment is made.

Step 3 – Shipment Release

Once the outstanding balance has been received and confirmed, shipment arrangements will proceed according to the agreed delivery terms.

Applicable shipping documents will be prepared and provided after shipment where appropriate.

Currency

Unless otherwise agreed, quotations are typically issued in:

💵 United States Dollars (USD)

Other currencies may be accepted upon mutual agreement depending on project requirements and banking arrangements.

Exchange rate fluctuations may affect quotations issued in alternative currencies.

Bank Charges

Customers are responsible for any bank charges, intermediary banking fees, or transfer costs incurred on the sender's side.

Longchen Technology should receive the full invoiced amount after all banking deductions.

If any deductions occur during the transfer process, customers may be requested to cover the difference before order processing or shipment.

Payment Security

To protect customers from fraud and unauthorized transactions:

✔ Payments should only be made to officially authorized company bank accounts.

✔ Customers should verify payment details directly with our sales team before making transfers.

✔ Any changes to banking information should be confirmed through official company communication channels.

Longchen Technology is not responsible for losses resulting from payments sent to unauthorized accounts that have not been officially verified.

Order Confirmation

An order is considered confirmed only after:

✔ Quotation approval

✔ Agreement on technical specifications

✔ Receipt of the required deposit

✔ Confirmation by Longchen Technology

Production scheduling and lead times begin after all required conditions have been satisfied.

Customized Equipment Orders

Customized and non-standard equipment projects often require engineering design, component sourcing, and dedicated production planning.

Because of the specialized nature of these projects, payment arrangements may differ from standard equipment orders.

Specific terms will be clearly outlined during the quotation and contract process.

Taxes and Duties

Unless otherwise specified in writing, quotations generally do not include:

• Import duties
• Customs fees
• VAT or sales taxes
• Destination country taxes
• Customs brokerage charges

Customers are responsible for any applicable charges imposed by local authorities in the destination country.

Payment Compliance

All payments must comply with applicable international laws, banking regulations, sanctions requirements, and anti-money laundering regulations.

Longchen Technology reserves the right to refuse transactions that do not meet applicable compliance requirements.

Contact Information

For payment-related questions, please contact our sales team:

Longchen Technology

Email: goodnesspack@gmail.com

Website: https://autolabelpro.com/