Payment

Payment

Payment is made only by bank transfer to the supplier’s bank account. Depending on the agreed supply terms, an invoice may be issued with or without VAT; the applicable option is agreed with the manager before the invoice is issued.

A commercial proposal lists products and calculated prices but is not an invoice or payment document. Pay only after the proposal has been reviewed, availability, lead time and supply terms have been agreed, and you have received a separate invoice with bank details.

Use the invoice number and payment reference shown on the invoice. A transfer made without an issued invoice, or solely on the basis of a commercial proposal, is not treated as properly arranged payment for a particular order because it may not be possible to identify and allocate it correctly.

After funds are credited, the manager confirms payment and advises on further picking, production or shipment. The preparation period is determined by the invoice, proposal or agreement and may depend on payment date and finalisation of technical parameters.