Credit Account You may apply for credit facilities with us which will allow you to pay charges after we have provided the Services to you. You must be over 18 to apply. We will assess whether you are eligible for credit in line with our standard procedures. If you are eligible for credit we will set up a Credit Account for you and give you an account number. Your Credit Account will be subject to our standard Credit Policy terms and any other terms and conditions that we tell you.
We will not provide Services to you until you have an account number and access to ordering facilities. You must comply with all terms and conditions that relate to your Credit Account, including the credit limit we place on your Credit Account. If you are part of a group of companies, we will treat each separate legal entity within your group individually for the purpose of determining a credit limit.
Reducing Customer Balance Account This is a prepayment facility. You will pre-pay amounts into this account to maintain a credit balance, which will be used against the charges you incur for the Services. You must ensure that the balance on your account is sufficient at all times to settle six weeks’ anticipated charges. We may suspend any Service without notice if the funds in your account fall below the agreed level.
Billing Frequency We will send you invoices for the services each week and you must pay all invoices in full within 30 days of the date of the invoice, unless agreed otherwise. You waive all your rights to challenge our invoices if you do not contest our invoice in writing within 7 days from the date of the invoice.
Methods of Payment You can settle your account by, Direct Debit or BACS/CHAPS or Company Cheque. Payment in cash or by credit card or debit card will be accepted at our sole discretion, all payments to be made in full in pounds sterling. We are not responsible for any bank or other charges incurred as part of your payment to us. You agree that we may charge interest on all invoices not paid within 7 days from the invoice date at the rate of 6% above the European Central Bank base rate. You agree to pay our reasonable and proper cost of collection of invoices not paid within 7 days from the invoice date.
We may suspend or close your account with us immediately if: You fail to comply with the terms and conditions relevant to your account, you become bankrupt or are unable to pay our debts.
You pass a resolution for winding up or if a court makes an order that you are to be wound up. A receiver, manager or an administrator is appointed over any or all of your assets or you make any compromise or arrangement with or for the benefit of your creditors.
We have a general lien on all your shipments in our possession at any one time that gives us the right to sell the contents and retain the proceeds of sale in settlement of any amounts that you may owe us including amounts due for previously carried shipments or services. If we suspend or close your account for any reason you must settle any outstanding invoices immediately.
We will tell you which specific terms and operational terms apply when you open an account.