Payment terms

Payment terms Place Order

The laws of New Zealand shall govern the purchase order/delivery docket and all the invoices generated by Global trading limited. When purchasing from us you agree to the terms and conditions mentioned in this agreement. Clause 1 ,2, and 3 mentioned below applies to all our customers when they accept goods delivery from Global trading limited. 

We may change the terms and conditions contained in this Agreement from time to time, and this may include changes to the price of our products and delivery charges. We will only make these changes to keep the business sustainable, and will at all times comply with relevant laws and regulations in making these changes.

We also may terminate our Agreement with you or suspend or terminate the Services being provided to you where you are in breach of this Agreement, including our payment terms and conditions. 

  1. We reserve the right to charge you for the reasonable costs we incur to collect any overdue Charges from you. Late payment fees of $50 or 1% of the total overdue amount per month, whichever is lesser will apply to your invoice. 
  2. If Payment has not been made by the Due Date, we may charge interest on all sums outstanding at the Default Interest Rate (12% annually) until the date we receive Payment in full. Our right to charge interest is without prejudice to any other rights we have (including to charge default fees as mentioned in clause 1).
  3. We hold the right to refer your account to a nominated third party debt recovery agency to have any overdue amount paid to us. If we decide to refer your account to a debt collection agency then any additional cost incurred to Global trading limited will be charged to the debtor/defaulter. 

If you have any questions regarding your Account, the Services or these terms and conditions please call us on 022 021 2210,