PAYMENT TERMS


NEW CUSTOMER :

Le règlement s’opère au comptant jusqu’à ouverture d’un compte client qu’ainsi qu’à la première commande.  

ACCOUNT CUSTOMERS :

Payment shall be made in accordance with the terms provided by WECO FRANCE at the time the customer account is opened. The Customer undertakes to return the accepted bills of exchange within a maximum period of ten (10) days, beyond which WECO FRANCE may declare the debt immediately due. Any late payment shall automatically (ipso facto) result in the debt becoming immediately due. Any bill of exchange returned unpaid for any reason whatsoever shall, without prior notice, be forwarded directly to the debt recovery department.

Payments must be made by the date indicated on the invoice. Under no circumstances may payments due to WECO FRANCE be suspended, reduced, or offset without WECO FRANCE’s prior written consent.
After delivery, WECO FRANCE shall issue an invoice to the Customer corresponding to the products ordered, including all mandatory information in accordance with Article L.441-3 of the French Commercial Code.
A deposit of 30% of the total amount excluding taxes may be required.

Payment is accepted by cheque made payable to SARL WECO FRANCE, by bank transfer, postal transfer, or by bills of exchange signed at the time of ordering and made payable to SARL WECO FRANCE.

All invoices are payable at the company’s registered office, and no discount shall be granted for early payment unless otherwise stated on the invoice.
The proposed prices include any discounts or rebates that the company may grant based on its results or on the Customer’s assumption of responsibility for certain services.

In the event of late payment and in accordance with Article L.441-6 of the French Commercial Code, late payment penalties shall be automatically and immediately payable, without prior formal notice, from the day following the payment due date shown on the invoice, where the amounts due are paid after that date.

Unless otherwise stipulated—provided that such stipulation may not set a rate lower than three (3) times the statutory interest rate—this rate, calculated on the total amount including taxes of the invoice, shall be equal to the interest rate applied by the European Central Bank (ECB) to its most recent refinancing operation, increased by ten (10) percentage points, in accordance with Article L.441-6, paragraph 8 of the French Commercial Code. For the first half of the relevant year, the applicable rate shall be the rate in force on January 1 of that year. For the second half of the relevant year, it shall be the rate in force on July 1 of that year.

Pursuant to Article D.441-5 of the French Commercial Code, a fixed compensation of €40 shall be automatically payable to SARL WECO FRANCE for recovery costs in the event of any late payment. This fixed amount is added to the late payment penalties. Where recovery costs exceed the amount of the fixed compensation, SARL WECO FRANCE may request additional compensation upon presentation of supporting documents.

The Customer shall reimburse all costs incurred for the amicable or legal recovery of amounts due. Any invoice recovered through amicable or legal proceedings shall be increased, as a penalty clause within the meaning of Article 1229 of the French Civil Code, by a fixed indemnity equal to 20% of the amount of the unpaid invoices.


PAYMENT TERMS


NEW CUSTOMER :

Le règlement s’opère au comptant jusqu’à ouverture d’un compte client qu’ainsi qu’à la première commande.  

ACCOUNT CUSTOMERS :

Payment shall be made in accordance with the terms provided by WECO FRANCE at the time the customer account is opened. The Customer undertakes to return the accepted bills of exchange within a maximum period of ten (10) days, beyond which WECO FRANCE may declare the debt immediately due. Any late payment shall automatically (ipso facto) result in the debt becoming immediately due. Any bill of exchange returned unpaid for any reason whatsoever shall, without prior notice, be forwarded directly to the debt recovery department.

Payments must be made by the date indicated on the invoice. Under no circumstances may payments due to WECO FRANCE be suspended, reduced, or offset without WECO FRANCE’s prior written consent.
After delivery, WECO FRANCE shall issue an invoice to the Customer corresponding to the products ordered, including all mandatory information in accordance with Article L.441-3 of the French Commercial Code.
A deposit of 30% of the total amount excluding taxes may be required.

Payment is accepted by cheque made payable to SARL WECO FRANCE, by bank transfer, postal transfer, or by bills of exchange signed at the time of ordering and made payable to SARL WECO FRANCE.

All invoices are payable at the company’s registered office, and no discount shall be granted for early payment unless otherwise stated on the invoice.
The proposed prices include any discounts or rebates that the company may grant based on its results or on the Customer’s assumption of responsibility for certain services.

In the event of late payment and in accordance with Article L.441-6 of the French Commercial Code, late payment penalties shall be automatically and immediately payable, without prior formal notice, from the day following the payment due date shown on the invoice, where the amounts due are paid after that date.

Unless otherwise stipulated—provided that such stipulation may not set a rate lower than three (3) times the statutory interest rate—this rate, calculated on the total amount including taxes of the invoice, shall be equal to the interest rate applied by the European Central Bank (ECB) to its most recent refinancing operation, increased by ten (10) percentage points, in accordance with Article L.441-6, paragraph 8 of the French Commercial Code. For the first half of the relevant year, the applicable rate shall be the rate in force on January 1 of that year. For the second half of the relevant year, it shall be the rate in force on July 1 of that year.

Pursuant to Article D.441-5 of the French Commercial Code, a fixed compensation of €40 shall be automatically payable to SARL WECO FRANCE for recovery costs in the event of any late payment. This fixed amount is added to the late payment penalties. Where recovery costs exceed the amount of the fixed compensation, SARL WECO FRANCE may request additional compensation upon presentation of supporting documents.

The Customer shall reimburse all costs incurred for the amicable or legal recovery of amounts due. Any invoice recovered through amicable or legal proceedings shall be increased, as a penalty clause within the meaning of Article 1229 of the French Civil Code, by a fixed indemnity equal to 20% of the amount of the unpaid invoices.