PAYMENT TERMS

Clear terms keep business moving.

VERHAKI aims to maintain fair, consistent payment arrangements that support healthy cash flow and sustainable business relationships.

Your agreed payment terms.

The applicable due date appears on the invoice or written commercial agreement. Terms may differ by account type, trading history or separately agreed arrangement.

— OPERATING GUIDELINES

Standard payment guidelines

Invoices & Payment

Invoices contain the amount due, payment information and applicable due date.

Customers are responsible for ensuring payment reaches VERHAKI within their agreed terms. Do not publish a universal payment period until finalised.

Payment Due Dates

VERHAKI may issue reminders and apply the current late-payment policy. Only display grace periods, interest or administration fees once formally approved.

Overdue Accounts

Further orders or supply may be paused while overdue balances remain unresolved.

Account Holds

Repeated failure to meet agreed terms may result in revised credit arrangements, including payment before delivery.

Future Terms

Supplier and service arrangements.

Ownership until payment.

Where applicable under VERHAKI’s terms, supplied products remain VERHAKI’s property until the relevant invoice is paid in full.

Product purchases and VERHAKI partnership or service contributions may operate under separate commercial terms. Applicable written agreements take precedence.

COMMUNICATION

We encourage partners to contact VERHAKI before an account becomes materially overdue so practical options can be discussed where appropriate. Extensions or adjustments are not guaranteed.

Having difficulty with a payment?

Need clarity on your account?