Terms & Conditions
Effective Date: January 1, 2024. These terms govern the export, trade, and logistical services provided by Bandora Global Exports to its international partners.
01. Definitions
"Company" refers to Bandora Global Exports, including its subsidiaries and international trade branches.
"Client" refers to any corporate entity, wholesaler, or governmental agency entering into a purchase agreement for raw materials or logistics services.
"Goods" encompasses agricultural commodities (Grains, Spices), logistics infrastructure, and any physical assets specified in the Bill of Lading.
"Agreement" constitutes the entirety of the transaction terms, including these standard Terms & Conditions and any specific Trade Quote provided.
02. Trade Terms
All international shipments are executed under Incoterms® 2020 rules. Unless explicitly stated otherwise in the pro-forma invoice, the following defaults apply:
- FOB (Free On Board) Standard for bulk grain exports via designated regional ports. Risk transfers to Client once goods clear the vessel's rail.
- CIF (Cost, Insurance, and Freight) Applied to premium spice shipments. Company covers marine insurance and freight to the named port of destination.
The Company reserves the right to adjust delivery windows based on geopolitical shifts or maritime logistics constraints beyond reasonable control.
03. Liability & Risk
Force Majeure Clause
Neither party shall be liable for failure to perform its obligations under this Agreement if such failure results from "Force Majeure" events, including but not limited to natural disasters, war, pandemics, or government-mandated export embargos.
Bandora's total aggregate liability for any claim arising out of or in connection with the Goods shall not exceed the total price paid by the Client for the specific shipment in dispute.
The Company is not liable for indirect or consequential losses, including loss of anticipated profits or market share resulting from delivery delays.
04. Governing Law
These Terms & Conditions and any disputes arising from international trade agreements are governed by the laws of Switzerland, without regard to conflict of law principles.
Any dispute, controversy, or claim arising under, out of, or relating to this contract and any subsequent amendments of this contract, including, without limitation, its formation, validity, binding effect, interpretation, performance, breach, or termination, shall be referred to and finally determined by arbitration in accordance with the WIPO Arbitration Rules.
05. Payment Protocols
All payments must be remitted in USD or EUR via irrevocable Letter of Credit (L/C) at sight or T/T (Telegraphic Transfer) as specified in the individual contract.
Standard Net Terms
Net 30 days from date of Bill of Lading for established institutional partners.
New Accounts
50% deposit required upon order confirmation; balance due upon scan of shipping documents.
06. Global Compliance
Both parties warrant that they shall strictly adhere to all applicable anti-corruption and anti-bribery laws, including the US Foreign Corrupt Practices Act (FCPA) and the UK Bribery Act.
Bandora Global Exports maintains strict adherence to ISO 9001:2015 and ISO 22000 standards. All Grains and Spices undergo rigorous third-party inspection by SGS or Bureau Veritas prior to sealing.