Conditions and Payment Terms

At TEVS INTERNATIONAL LTD, we prioritize transparency and client satisfaction in our business transactions. When purchasing products with a lead time of 15 to 30 days before shipping, we offer the following conditions and payment terms:

 1. Quotation/Proforma and Payment:

After receiving a quotation or proforma invoice from us, the client is required to make an initial payment of 60% to 70% of the total order value.

This payment serves as a deposit and confirms the client's commitment to the purchase.

 2. Balance Payment:

The remaining balance of the total order value must be paid before the shipping of the products.

We require full payment to ensure the prompt release of the products for shipping.

 3. FOB Terms:

Our payment terms are based on Free On Board (FOB) conditions.

FOB indicates that once the products are loaded onto the vessel or transportation mode specified, the client assumes responsibility for the shipment.

The client is responsible for arranging transportation, insurance, and any customs duties or taxes applicable at the destination country.

 4. Customs Duties and Home Delivery:

We provide the option for our clients to request our assistance in handling customs duties and arranging home delivery of the products.

The inclusion of these services will be specified in the contract agreement, and the associated costs will be communicated and agreed upon.

 5. Payment Currency and Traceability:

All payments are made to our Nigeria naira company account when converted from Dollar or you can also pay us in Dollars.

This provides our clients with a sense of security, as the transactions can be easily traced.

We ensure that all necessary payment details, including bank account information, are provided for smooth and secure financial transactions.

 6. Service Fee:

A service fee of 10% of the total order amount applies to all purchases made on behalf of our clients.

However, the service fee is negotiable, and we are open to discussing specific arrangements based on the nature and complexity of the transaction.

 7. Contract Agreement:

For clients seeking additional security and assurance, we offer the option to have a contract agreement drafted by our legal team.

This agreement outlines the terms, conditions, and responsibilities of both parties involved in the transaction.

It serves to protect the interests of both the client and TEVS INTERNATIONAL LTD.

 At TEVS INTERNATIONAL LTD, we are dedicated to ensuring transparent and mutually beneficial business transactions. Our commitment to providing clear conditions and payment terms, as well as the option for a contract agreement, is aimed at building trust and confidence in our services.