At Bhoomi Global Ventures, we follow transparent and mutually agreed payment practices to ensure smooth and secure international trade transactions. This Payment Policy outlines the accepted payment methods and general payment terms for our export services.
1. Accepted Payment Methods
We accept internationally recognized payment methods including:
Advance Payment (Bank Transfer)
Letter of Credit (LC)
Other mutually agreed international payment methods
The applicable payment method will be finalized during order confirmation.
2. Payment Terms
Payment terms are agreed upon before order confirmation and mentioned clearly in the proforma invoice, sales contract, or purchase order. Buyers are required to adhere strictly to the agreed payment schedule to avoid delays in processing and shipment.
3. Advance Payments
For certain products or new buyer relationships, advance payment may be required before processing, production, or dispatch of goods.
4. Currency
All payments shall be made in the currency specified in the invoice or contract, unless otherwise agreed in writing by both parties.
5. Taxes & Bank Charges
All applicable taxes, duties, and bank charges (including intermediary bank fees) shall be borne by the buyer, unless otherwise agreed in writing.
6. Delayed or Failed Payments
In case of delayed or incomplete payments, Bhoomi Global Ventures reserves the right to:
Withhold shipment
Delay order processing
Cancel the order without prior notice
Any losses arising due to payment delays shall be the responsibility of the buyer.
7. Refunds
As Bhoomi Global Ventures operates in export trade, refunds are generally not applicable once an order is confirmed and processed. Any exceptions will be handled on a case-to-case basis as per mutually agreed terms.
8. Policy Updates
Bhoomi Global Ventures reserves the right to modify this Payment Policy at any time. Any changes will be effective immediately upon publication on the website.
9. Contact Information
For questions regarding payments or invoices, please contact us through the details provided on our Contact Us page.