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Secured Payment

     

 

    As a third-party payment service, , your payment  is remitted directly to StoneGroupon(not to the seller). StoneGroupon provides protection for both buyers and factories engaged in stone trade.Secure Payment holds buyers’ payments while orders are being processed and delivered. When both buyer and supplier have verified that the transaction is complete, then the money is released. 


    For Buyers :  your payment will only be released to the factories after you confirm satisfactory receipt of your order.

    For Factories : Worry Free on Receiving on the Payment, and you are only required to ship the order after our comfirmation of receipt.



    The payment methods we are now supporting are only T/T ( Bank Transfer ) and L/C (Letter of Credit)
    Method of Payment 1st: T/T( Bank Transfer ) 
    This is mostly used and accepted. 

 

    For Buyers :  You will have to provide a deposit of 20~30% of the total invoice price upon signing the Proforma Invoice. After receipt of the deposit and signed Preforma Invoice,StoneGroupon will inform the factory as selected to arrange the production and delivery. The balance of the invoice has to be paid at the sight of the copy of B/L, unless other terms agreed on .You will have to provide a deposit of 20~30% of the total invoice price upon signing the Proforma Invoice. After receipt of the deposit and signed Preforma Invoice,StoneGroupon will inform the factory as selected to arrange the production and delivery. The balance of the invoice has to be paid at the sight of the copy of B/L, unless other terms agreed on .

    For Factories : You can get the deposit of 20~30% before starting the production of buyer's order, and get paid to 90% of total value of the signed Preforma Invoice before delivery as schedule. The balance 10% is only released after buyer confirms satisfactory receipt.



    Method of Payment 2nd: L/C ( Irrevocable Letter of Credit at Sight )
    This is a bank credit,which is also acceptable too. 

 

    For Buyers : You can apply for an Irrevocable L/C from your issuing bank under the total value of the signed Proforma Invoice , StoneGroupon will  inform the factory as selected  to arrange the production and delivery after being informed by notifying bank.It helps to make sure both of  you and factory are in safe condition for new deals at the beginning. Documents,including the signed Proforma Invoice,Bill of Loading,Packing List,Certificate of Origin,etc, will be negotiable and handed over unless other terms agreed on.

    For Factories :  You have to start the production without any deposits after being informed by the notifying bank and get paid to 90% of total value of the signed Preforma Invoice before delivery as schedule. The balance 10% is only released after buyer confirms satisfactory receipt.

 


    Here below is StoneGroupon bank information .


    Beneficiary's Name  :  STONEGROUPON(XIAMEN) IMPORT & EXPORT CO.,LTD

    Beneficiary's A/C No.  :  35114591000220104724

    Address of  Beneficiary  :  A1507, NO.802, SOUTH YUANSHAN ROAD, HULI DISTRICT, XIAMEN, CHINA.
    Bank  :   CHINA CONSTRUCTION BANK, XIAMEN BRANCH HI-TECH SUBBRANCH

    Address of Bank  :  NO.588 JIAHE ROAD, 1ST FLOOR ZHONGQIAO BUILDING, HULI DISTRICT, XIAMEN,CHINA 

    Swift Code  :  PCBCCNBJSMX

    TEL   : 0086 592 5551801   FAX  :  0086 592 5551851

 

 

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