Novo Bharat Global Export
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Payment Policy

Accepted currencies, fees, payment terms, and timeline requirements for international transactions.

Accepted Currencies

We only accept payment in widely used currencies such as Indian Rupee, US Dollar, EURO, Australian Dollar, Canadian Dollar, Pound Sterling, Chinese Yuan, UAE Dirham, Japanese Yen, and others as permitted by the Reserve Bank of India from time to time.

Fees and Conversion Cost

We are not liable for any bank fees, exchange rate expenses, or intermediary fees levied by the importer’s bank or financial institution in the import country.

Payment Terms

For international transactions, we use the payment terms listed below

  1. Cash in Advance (Telegraphic Transfer)
  2. L/C – Letter of Credit

Payment Timeline and Reporting Requirement

We encourage our clients to pay according to the agreed-upon conditions when generating a purchase order or agreement. This is in accordance with our company’s and governmental regulations.