Thanks to our state-of-the-art infrastructure and fulfilment experience, we are able to ship products to just about anywhere in the world. When you place an order, it will get carefully picked and packed by a team of trained fulfilment professionals, boxed up and shipped according to the delivery method you agreed on with one of our agents.
For European customers goods are delivered at place: free house.
We deliver your goods at your central warehouse, afterwards you can distribute your selection to your different branches.
Deliveries outside the European Union is part of the external community custom transit.
You must file a T1 declaration.
In the declaration, you must specify an office of departure and office of destination.
In general we apply 2 payment conditions:
Other payment terms may be discussed in mutual consultation with your personal agent.
Thanks to our state-of-the-art infrastructure and fulfillment experience we are able to ship products just about anywhere in the world. When you place an order, it will get carefully picked and packed by a team of trained fulfillment professionals, boxed up and shipped according to the delivery method you agreed on with one of our agents.
FOB shipping consists out of 5 major steps.
After rounding up the production of your selection, the goods are delivered to a warehouse of your choosing or temporary stored in our warehouse in Dongguan.
It will take 7 up to 10 days until we have obtained all official documents and all financial requirements are in order. Read more about the official documents and financial requirements in the below paragraph payment conditions.
After the goods are transported to the harbor and they are loaded you receive the original copy of the bill of lading. Once you received the original the bill of loading, you can manage your goods upon their arrival in destination port and deliver them to the final location of your liking. From the stage of the goods loading to vessel, you are responsible for your goods.
What is a bill of lading?
A bill of lading (abbreviated as B/L or BoL) is a document issued by a carrier which details a shipment of merchandise and gives title of that shipment to a specified party.
A bill of lading is a standard-form document. It is transferable by endorsement and is a receipt from shipping company regarding the number of packages with a particular weight and markings and a contract for the transportation of same to a port of destination mentioned therein.
There are different ways to handle your payment when you choose FOB each with their own conditions. Depending on the payment procedure you will receive the bill of lading on a different time.
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TT |
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LC |
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DP DA |
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T/T stands for telegraphic transfer, a form of bank transfer. The transfer of the payment is initiated before the goods are delivered to your assigned forwarder warehouse at loading port. You receive the original bill of lading immediately once the B/L is ready.
A bank transfer with different payment delays: 30, 60 up to 120 days. You receive the original bill of lading immediately once the B/L is ready.
The bank transfer is initiated when the copy of shipping document is sent to you and your forwarder.
You will receive the original bill of lading once we have received full payment.
A letter of credit is a document from the bank guaranteeing that we will receive payment in full as long as certain delivery conditions have been met. In the event that you as a buyer are unable to make payment on the purchase, the bank will cover the outstanding amount.
You receive the bill of lading from the bank after we have presented all the documents to the bank.
After the goods are shipped, we send the sight draft to the clearing bank, along with documents necessary for you to obtain the goods from customs. You have to settle the payment with the bank before the documents are released and you can take delivery of the goods. If you fail or refuse to pay, we have the right to recover the goods and resell them. You receive the bill of lading through the bank.
The D/A transaction uses a term or time draft. In this case, the document required taking possession of the goods -the bill of lading- is released by the clearing bank only after you have accepted a time draft. This is a delayed payment or credit arrangement.
D/A terms are usually after sight, for instance “at 90 days sight”, or after a specific date, such as “at 150 days bill of lading date.”
In short: a bank guarantee is a promise from your bank that the liabilities of you as a debtor will be met in the event that you fail to fulfill your contractual obligations.
After we have received the bank guarantee we will ship your goods and you will receive the bill of lading.