Payment Terms & Conditions
XTS UK has a strict 30 day payment policy from the date of invoice on any work, goods or materials supplied.
Payments may be made by cheque, cash or electronic transfer into the XTS UK bank account; details of which are clearly shown on each invoice.
XTS UK expects all clients to make prompt payment before the 30 day period. Payments must be in full unless prior agreement has been made with XTS UK management. All invoices are subject to VAT based on the current rate.
In no payment has been received after 30 days a reminder will be issued to the client either by email or phone with instruction to make full payment within 7 days. If no payment has been received within this 7 day period the invoice will be re-issued including a £30 administration charge.
The client has a further 7 days to settle the payment in full. If no payment is received an additional 5% interest will be applied to the net amount plus an administration fee of £35. Legal action will be taken to recover the amount of the invoice including any additional interest and charges after a further 30 days if no payment has been received.
Bad Payment RECEIVED
If any payment fails to clear due to rejected cheques or insufficient funds, all bank costs charged to XTS UK will be recovered in full from the client plus a £30 administration charge. If this occurrence is repeated an additional administration charge of £45 will be applicable for each transaction.
Contact XTS UK about this policy
If you have any questions or comments regarding this policy, please contact XTS UK Ltd at firstname.lastname@example.org or 0844 858 4654
*By engaging business with XTS UK Lts the cliennt accepts that they have read and understood the terms and conditions and complies with the payment process.