Klense Supply · Policies
Payment & Credit Policy
Effective date:
Secured commercial supply
Commercial shipments require a letter of credit or bank guarantee accepted by Klense Supply. Credit is available only following assessment and written approval supported by the accepted security.
Before an order proceeds
We confirm the price, currency, payment dates, required security and any deposit in the quotation or order agreement. The issuing institution and instrument terms must be acceptable for the transaction. The agreed security must remain sufficient and valid for the period set out in the agreement.
Credit decisions
We assess the buyer, transaction, security and proposed payment period. Approval is specific to the written amount and conditions. An LC or guarantee does not automatically create a credit facility, and previous approval does not guarantee approval for a new order.
Bank and payment charges
Responsibility for issuing, confirming, amending and other bank charges is stated in the agreement. Ask for clarification before arranging an instrument. Payments must use the confirmed bank details on the invoice. Independently verify any request to change bank details using an established contact channel.
Outstanding requirements
We may hold production or dispatch where required payment or accepted security is outstanding, after notifying you. Any revised schedule is communicated. Interest, late charges or collection costs apply only if validly agreed and permitted by law.
Samples
Samples are paid under the terms of the sample quotation. The quotation confirms payment methods, any required security and when payment is due.