Payment method information

PAYMENT GUIDELINES
Invoice Payments
When paying invoices by credit card or money order, please
indicate your invoice numbers, account number and any credits
that you are using. This will help to insure proper credit to your
account.
Cash Payments/Bank Bags
Cash Payments must be in bank bags that will be provided to you
from your PALMCO Representative. DO NOT forget to take your
receipt from our representative. Please list your account number,
account name and the amount of the cash enclosed in the area
provided on the bank bag. Our drivers and sales reps DO NOT
COUNT CASH. These payments must be ready when using bank
bags.
EFT Payments
Please ask your sales representative to explain EFT to you
(Electronic Funds Transfer). This is the most effective and
convenient way to insure proper and accurate payments and
credits on your account.
Credit cards payments transfer can be done through Maestro &
MasterCard.
Late Payment
Our credit department closely monitors the activity on your
account. Continuous late payment of invoices will damage your
credit rating and may result in a change of terms on your account. If you have past due invoices, your next order WILL NOT
be shipped until all invoices are paid up to date. First late
payment reminder is free of charge, the second reminder charge
is the amount of €50.00 will be applied to all outstanding
invoices until payment is received by PALMCO. The third reminder
charge is the amount of €100.00 will also be applied to all
outstanding invoices. After the forth reminder no merchandise will
be shipped until the invoice is paid in cash/cashier’s and or
invoices will be collected by debit collector. We may request an
online bank statement. In all cases you will be contacted by our
credit department or your account representative
 
account. If you have past due invoices, your next order WILL NOT
be shipped until all invoices are paid up to date. First late
payment reminder is free of charge, the second reminder charge
is the amount of €50.00 will be applied to all outstanding
invoices until payment is received by PALMCO. The third reminder
charge is the amount of €100.00 will also be applied to all
outstanding invoices. After the forth reminder no merchandise will
be shipped until the invoice is paid in cash/cashier’s and or
invoices will be collected by debit collector. We may request an
online bank statement. In all cases you will be contacted by our
credit department or your account representative.