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Credit Application

THABTO Credit Application


1.1 Initial Orders will be accepted strictly on a Pro Forma basis. Your order will be despatched upon receipt cleared payment.

1.2 THABTO LTD offer to accept payment by credit card, debit card, BACS, CHAPS or PayPal. Payment by cheque is discouraged. Cleared funds are required prior to shipment. If you choose to pay by credit or debit card, we will take payment on the day of shipment for the exact stock being sent. If you choose to pay in advance by another method, we cannot guarantee that we'll be able to ship every item on your order. Unshipped items will go onto automatic pre-paid backorder.

1.3 Applications for credit accounts will only be considered after the total value of completed orders exceeds £1500 and if accompanied by acceptable trade references.

1.4 Credit terms will not be offered to companies registered outside of the UK.

1.5 Unless otherwise agreed in writing, standard terms for customers who have been approved for credit by THABTO Ltd are due for payment within 30 days nett from receipt of invoice. Invoices unpaid after 40 days are subject to a £50 per week interest charge. For every full 7 days your invoice remains unpaid beyond 40 days, £50 will be added to the invoice value. After 60 days we will begin legal proceedings to recover the debt.

1.6 If payment is not made by the due date credit terms may be withdrawn.

1.7 If payment is not made by due date, customer and credit information may be shared for monitoring and administration purposes with our representative body The Giftware Association and with other members of The GA.

1.8 Orders for bespoke, customised or non-standard goods will be accepted only with a minimum of 50% deposit and full payment upon delivery.

1.9 Any variation in the order agreed between the parties shall entitle THABTO LTD to vary the price to cover the cost of such variation.
By submitting you hereby certify that the information contained herein is complete and accurate. This information has been furnished with the understanding that it is to be used to determine the amount and conditions of the credit to be extended. Furthermore, you hereby authorise the financial institutions listed in this credit application to release necessary information to the company for which credit is being applied for in order to verify the information contained herein.

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