Payment Information

Payment Methods

iCashewTech accepts payments via secure bank transfer to our company account. All financial transactions are processed through our parent company, Ngyustry International Co. Ltd.

Bank Transfer Details

All payments should be made to:

Account Name: Ngyustry International Co. Ltd.
Account Details: Provided upon order confirmation
Bank: International banking partners available
Swift Code: Provided upon order confirmation

Note: iCashewTech is a brand of Ngyustry International Co. Ltd. All official payments will be received in the Ngyustry account.

Payment Terms

Standard Orders

For standard equipment orders, our payment terms are:

  • 40% Deposit: Required to confirm your order and begin production
  • 60% Balance: Due before shipment from our factory against readiness of products

Custom Orders

For custom or specialized equipment:

  • 50% Deposit: Required to confirm your order and begin design/production
  • 60% Balace Payment: Due before shipment from our factory against readiness of products

Large Orders

For orders exceeding $100,000 USD, we offer flexible payment structures. Please contact our sales team to discuss options.

Currency

We accept payments in the following currencies:

  • US Dollars (USD) – Preferred
  • Euros (EUR)
  • Vietnamese Dong (VND)

All quotes and invoices will clearly state the currency required for payment.

Payment Timeline

  • Invoices are issued electronically
  • Deposit invoices must be paid within 7 days to secure production slots
  • Progress payments must be cleared before shipment authorization
  • Final payment is due within 10 days of installation completion

Payment Verification

Once your payment is received:

  1. Our finance department will verify the transfer
  2. You will receive an official receipt from Ngyustry International Co. Ltd.
  3. Your order will proceed to the next stage (production or shipping)

Additional Fees

Please be aware of the following:

  • Bank Transfer Fees: All bank charges are the responsibility of the buyer
  • Currency Conversion: Any costs related to currency conversion are the buyer’s responsibility
  • Late Payment Fees: May be applied to overdue invoices at 2% per month

Secure Transactions

We take payment security seriously:

  • Banking details are shared via secure communication
  • We never request sensitive payment information via email
  • All payment details should be verified with our team before transferring funds

Tax Information

  • Invoices for international customers are typically VAT exempt
  • Local taxes or import duties in the destination country are the buyer’s responsibility
  • Tax documentation for your jurisdiction can be provided upon request

Contact Our Finance Department

For any payment-related questions:

Email: sales@cashew-tecnology.com
Phone: +84 39 733 2005

Please include your order number in all payment communications.

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