At Monika Industry, we aim to make every transaction clear, secure, and convenient for our international buyers. This Payment Policy outlines our accepted methods, terms, and procedures for business orders.
1. Accepted Payment Methods
We accept the following secure payment methods for all export and wholesale orders:
- Telegraphic Transfer (T/T) – Bank wire transfer
- PayPal (for small sample or trial orders only)
- Western Union / MoneyGram (on request)
- Letter of Credit (L/C) – For bulk or long-term contracts
- Other methods may be approved upon mutual agreement in writing.
2. Payment Terms
- For new clients: 100% advance payment is required before production or dispatch.
- For repeat or long-term buyers: 50% advance and 50% before shipment (subject to approval).
- Orders will be processed once payment confirmation is received.
- All payments must be made in USD unless otherwise agreed.
3. Bank Charges & Transaction Fees
All bank charges, transfer fees, or intermediary bank deductions must be paid by the buyer. Monika Industry should receive the full invoiced amount without any deductions.
4. Currency & Pricing
All prices are quoted in U.S. Dollars (USD) or Euro (EUR), depending on the buyer’s market.
Prices do not include duties, taxes, or import fees applicable in the buyer’s country.
5. Payment Confirmation
Once your payment is made, please share a payment proof or bank slip via email to monikaindustryofficial@gmail.com.
Your order will be scheduled for production or shipment upon confirmation.
6. Late or Delayed Payments
In case of delayed balance payment, production or shipment may be postponed.
Repeated delays may affect future credit or order priority.
7. Security & Confidentiality
We do not store or have access to any payment card details.
All bank and transaction data are handled securely and confidentially through authorized financial institutions.