At Vivid Diam India, we are committed to maintaining a transparent and secure payment process for all our clients.
Accepted Payment Methods
We accept payments through:
- Bank Wire Transfer (SWIFT)
- NEFT / RTGS (India)
- Other approved business payment methods as mutually agreed
Advance Payment
All orders are processed upon receipt of the agreed advance payment. Inventory reservation, manufacturing, customization, and shipment will commence only after payment confirmation, unless otherwise agreed in writing.
Order Confirmation
An order is considered confirmed only after payment has been received and acknowledged by Vivid Diam India.
Balance Payment
Where applicable, any remaining balance must be paid in full before dispatch of the goods, unless credit terms have been approved in writing.
Currency
All payments shall be made in the currency specified on the Proforma Invoice or Commercial Invoice.
Bank Charges
All domestic and international bank transfer fees, intermediary bank charges, and transaction costs are the responsibility of the buyer unless otherwise agreed.
Taxes & Duties
Any applicable customs duties, import taxes, VAT, GST, or local government charges imposed by the destination country shall be borne by the buyer.
Delayed Payments
Vivid Diam India reserves the right to suspend order processing or shipment until full payment has been received.
Ownership of Goods
All goods remain the property of Vivid Diam India until full payment has been received and cleared.
Credit Terms
Credit facilities, if offered, are subject to prior approval and shall be governed by a separate written agreement.
Payment Security
All payment information is handled with strict confidentiality and processed through secure banking channels.
Other Policy & Disclaimer
- Conflict-Free Diamond Policy – Explain your compliance with the Kimberley Process and commitment to ethical sourcing.
- Anti-Money Laundering (AML) Compliance – Especially useful if you work with international wholesalers and high-value transactions.
- Know Your Customer (KYC) Policy – Briefly outline verification procedures for new business accounts.
- Digital Inventory Disclaimer – Clarify that inventory, prices, and availability are subject to change and that certification details should be confirmed before purchase.