Payment Terms & Warranty | Fine Blanking Press Purchase

Commercial Terms

Standard Payment Structure

HS-FINEB fine blanking presses are custom-built machines, and the payment structure reflects the milestone-based nature of the manufacturing process. The standard payment terms are: 30% advance by Telegraphic Transfer (T/T) against the signed Proforma Invoice, and 70% balance by T/T before shipment — or by irrevocable Letter of Credit (L/C) at sight for established customers who prefer bank-guaranteed payment. The 30% advance covers raw material procurement (steel plate for the frame, hydraulic cylinders, control system components) and initiates the production schedule.

For first-time buyers, we understand that sending a 30% advance to a manufacturer in another country requires trust. We offer escrow arrangements through internationally recognized escrow services for the initial payment, releasing funds to HS-FINEB only when agreed production milestones are achieved and verified. This option adds 2–3% in escrow fees but provides full buyer protection for the advance payment. We also welcome third-party inspection at any stage of production — SGS, Bureau Veritas (BV) or TUV inspectors can verify build progress before each payment milestone.

For established customers with a track record of repeat orders, we offer flexible payment terms including L/C at sight with 90-day usance, progressive payment tied to production milestones (e.g., 30% advance, 30% after frame completion, 30% after FAT, 10% after installation), and in select cases, deferred payment for the final 10% until installation and commissioning are complete. These terms are negotiated case by case based on order history and customer credit assessment.

HS-FINEB HF-500 fine blanking press 500 ton during factory acceptance testing

Warranty Coverage

12-Month Warranty from Installation

ISO 9001 and CE certification documentation for HS-FINEB fine blanking presses

Warranty Period

Every HS-FINEB fine blanking press carries a standard warranty of 12 months from the date of installation and commissioning, or 18 months from the date of shipment — whichever comes first. This dual-trigger period accounts for shipping and installation timelines: if installation is delayed beyond 6 months from shipment for reasons outside the buyer's control, the 18-month shipping date provides a fallback. The warranty period begins when the press is installed, powered and producing parts, not from the invoice date.

What the Warranty Covers

The warranty covers defects in materials and workmanship in the following major systems:

Frame structure — welding integrity, stress-relief effectiveness, platen flatness, guide way geometry. The whole-welded frame is guaranteed against cracking, deformation and geometry drift for the full warranty period.
Hydraulic system — hydraulic cylinders, rams, proportional valves, accumulators, piping and fittings. Coverage includes internal leakage, seal failure (excluding normal wear), pressure-holding capability and circuit integrity.
Electrical system — control panel, PLC/SNC controller, HMI, sensors, absolute encoder feedback, motor drives and wiring harnesses.
CNC controller — software functionality, force profile programming, position control accuracy and diagnostic system operation.

Exclusions & Extensions

What the Warranty Does Not Cover

⚠

Warranty Exclusions

The following items are excluded from warranty coverage because they are consumables, wear items or depend on operating conditions outside the manufacturer's control:

Consumables: hydraulic oil, filter elements, lubricants, pneumatic air filters
Die wear: punches, dies, V-ring inserts, guide bushings — these are wearing tools subject to material hardness and production volume
Damage from improper operation: over-tonnage operation, running without hydraulic oil, using incorrect die clearance, bypassing safety interlocks
Damage from improper maintenance: failure to change oil at specified intervals, neglecting filter replacement, ignoring leak warnings
Force majeure events: fire, flood, earthquake, lightning strike, power surge beyond specified limits
Third-party modifications: unauthorized changes to hydraulic circuits, controller programming or electrical wiring

🕒

Extended Warranty Options

We offer extended warranty coverage beyond the standard 12-month period:

24-month extended warranty — extends full system coverage for an additional 12 months. Includes one scheduled field service visit for preventive maintenance, hydraulic oil sampling and analysis, and system calibration check.
36-month extended warranty — extends coverage to 3 years from installation. Includes two scheduled field service visits, remote diagnostic support priority access, and a guaranteed spare parts stock commitment for your specific press configuration.

Extended warranty pricing is quoted separately based on press model and operating conditions. The extended warranty must be purchased before or at the time of machine shipment.

Performance Guarantee

Tonnage, Parallelism & Edge Quality Verification

Fine blanking press hydraulic system and ram assembly during performance testing

Beyond defect coverage, HS-FINEB provides a performance guarantee verified during Factory Acceptance Testing (FAT). This guarantee is not a general promise but a set of measured parameters documented in the FAT report and tied to your technical specification:

Tonnage verification: The press is tested at full rated blanking force, V-ring force and counter-pressure. Hydraulic pressure is measured at the cylinder, and force is calculated from cylinder bore area. The press must achieve 100% of rated force with pressure stability within ±2% under static hold.
Ram parallelism: Dial indicators are placed at four corners of the die area. The ram is stroked through its full range, and parallelism deviation is measured. Specification: within 0.02 mm/m across the die area at full tonnage.
Edge quality test: When customer material is available, blanking trials produce sample parts. Shear edge quality is verified: 100% smooth shear zone, die-roll below 15% of material thickness, burr height within specification, surface finish Ra ≤ 0.4 μm on the shear face.
Hydraulic system validation: Pressure-holding test (hold rated pressure for 10 minutes, leakage below 5%), leak test at all joints and fittings, and response time test for proportional valve circuit (full force build-up within specified time).

If any measured parameter fails to meet specification, HS-FINEB rectifies the deficiency at our cost before shipment. The rectified parameter is re-tested and re-documented. The performance guarantee remains valid for the full warranty period — if any guaranteed parameter degrades below specification under normal operation within the warranty period, we provide remediation at no cost.

Risk Management

Shipping Insurance & Force Majeure

🛡

All Risks Marine Insurance

All presses are shipped under All Risks marine insurance coverage, protecting against physical loss or damage during transit from factory to destination port. Insurance value covers the full CIF value of the press. The insurance certificate is provided with shipping documents. For land transport to inland destinations, additional transit insurance can be arranged.

📝

Force Majeure Clause

The supply contract includes a standard force majeure clause covering events beyond reasonable control: natural disasters, war, civil unrest, government-imposed export/import restrictions, pandemic-related factory closures, and utility failures (power, water) lasting more than 72 hours. In the event of a force majeure occurrence, HS-FINEB notifies the buyer within 7 days, and the delivery schedule is extended by the duration of the delay. Neither party is liable for damages caused by force majeure events.

🔒

Contractual Documentation

Every order is governed by a written supply agreement that includes: technical specification (signed by both parties), Proforma Invoice with Incoterms (typically FOB Shanghai or CIF destination port), payment terms and milestone schedule, warranty terms, acceptance criteria and FAT protocol, packing and shipping specifications, and dispute resolution clause (arbitration under ICC rules in a mutually agreed jurisdiction). All documentation is provided in English.

International Trade

Currency, Taxes & Import Duties

All quotations are issued in USD (US Dollars) unless otherwise requested. For customers in EUR or other currency zones, the exchange rate is locked at the date of Proforma Invoice acceptance and remains valid for 30 days. If the order is confirmed after 30 days, the quotation may be reissued at the prevailing exchange rate. Import duties, VAT/GST and any customs clearance fees in the destination country are the buyer's responsibility — we provide HS code classification (typically 8463.90.00 for metalworking presses) and all export documentation (commercial invoice, packing list, certificate of origin, bill of lading) to facilitate smooth customs clearance. We can also arrange door-to-door delivery through experienced freight forwarders who specialize in industrial machinery import to major markets worldwide, handling both ocean freight and land transport logistics from the port of discharge to your facility.

Payment Terms and Warranty for Fine Blanking Presses