• Hotline: +49 (0)211 91180882
  • E-Mail: sales@wunderwerk.de.com

Payment Informations

As declared in the general terms and conditions - III. Payment and billing

1. The invoice is generated at the time of delivery or placing the goods at the disposal of the

customer. Unless otherwise agreed, invoices shall be due for payment immediately upon receipt

and are payable net by the Customer within 30 days after the invoice date. If no payment is

effected by the Customer, the Customer shall be in default after expiry of 30 days after receipt of

the invoice. Should the payment not be received by the Seller within the term of payment of 30

days of the date of the invoice, then the Purchaser has to pay interest on the outstand payment.

The interest payment will be at the basis of the market rate or at minimum of 3% p.a. and is

payable by the Purchaser. Rheinstoff GmbH & Co.KG is entitled, to assign claims against domestic

and other in Europe resident Purchaser’s for the purpose of refinancing to abcfinance GmbH,

Kamekestr. 2-8, 50672 Köln. At the time at which the contract was established, the Purchaser will

be informed if any assignment of claims will be made. On these case, payments with effect of

discharging the debt can only be made abcfinance GmbH. These bank details will be communicated

to the Purchaser after conclusion of a contract.

2. Unless otherwise agreed, the payment shall be made in cash or by bank or giro transfer. Any

payments shall also be applied to our oldest claims without consideration of any deviating

stipulations of the Customer.

3. The company can decline the delivery if it identifies, after the contract has been closed, that its

claim for payments is in danger by doubts about the creditworthiness of the Customer. In this case

we are entitled to perform outstanding deliveries only against advance payment or security

deposits. The Customer's further statutory claims and rights remain reserved.

4. We are entitled to offset payments against all receivables due from our contractual partners

against all receivables that the contractual partner, irrespective of the legal grounds, may have

against us. Set off rights can be only granted to the Buyer, if his counterclaims have been stated

legally binding, undisputed or recognized by our company. In addition, he shall be authorised to

exercise a right of retention only to the extent that his counterclaim is based on the same

contractual relationship, this was affirmed in writing, or it was established with legal force.


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