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Payment Terms

Standard

Terms must be accepted and agreed upon in writing before any transactions may be made to any of our distribution centres, Trents branches, On The Spot, Four Square, Henry's, New World and PAK'nSAVE outlets, and any other member or Trent's Wholesale Limited charge customers.

Standard payment terms are 2.5% settlement discount with payment made by the last trading day of the month following the date of the invoice. These terms are acknowledged as the accepted standard practice in the New Zealand grocery industry. The deduction relates to both the transfer of the "del credere" risk from you the vendor to Foodstuffs South Island Limited, and the administration costs involved in providing the central payment facility.

The settlement discount applies to both wholesale purchases and charge through transactions.

Special

If payments are required to differ from that of standard terms and might include a greater payment frequency, these will need to be negotiated.

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Four Square Charlie is an iconic NZ brand

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