Terms and Conditions

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1. Price

- FOB Korea port
- CIF destination port
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2. Payment

- By T/T: In Advance payment- With certain percentage agreed by both side.
The rest payment-After B/L copy 100%
- By L/C: An irrevocable At Sight
- By AIR or Small Order: In Advance 100%
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3. Shipment &Delievery

- By Air(Only Hyundai parts and Kia parts) : Maximum 10 to 14 days after confirmation of order
- By LCL(Less than Container Loading) : Maximum 21 days after confirmation of order
- By FCL(Full Container Loading: 20FT, 40FT, 40HQ) : Maximum 25 days after confirmation of order. If C/O contain MOBIS parts over 80% it takes 21days
- Korea under the INCOTERMS 2010
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4. Supplying Rate

- On average 90%(+/-) 5% from total confirmed order amount
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5. Claim

- Any claims can be filed with proper reasons and evidences
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6. Back Order

- Back order can be valid with same price only one time after releasing main order. But it should be continued Without intervals of orders
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7. ETC

- Country of Origin: Republic of Korea
- Partial Shipment: Allowed
- Packing: Export Standard Packing
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8. Information of Bank

Bank Name : Industrial Bank of Korea(Mun Rae Jung Ang)
Account No. : 141-065429-56-00011
Accountee : M2NIX Co., Ltd.
Bank Address : Moonle 3-ka, Yeongdeungpo- Ku, Seoul, Korea
Swift Code: IBKOKRSEXXX
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Bank Name: Woori Bank, Korea
Account No.: 1006-501-255708
Accountee: M2NIX Co., Ltd.
Bank Address: 76-5, Moonlae 3-ka,Yeongdeungpo-Ku, Seoul,Korea
Swift Code: HVBKKRSEXXX
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