Payments

Except where specifically agreed our basic terms are 30 days from the date of the invoice.

The University will make payments by Cheque/BACS. However, in order to provide an efficient and prompt service, the University’s preferred option is to make all payments by BACS . The University carries out a payment run for BACS and cheque payments on the Friday of each week. Following the payment run on a Friday morning, remittances and cheques are sent out to Suppliers. BACS payments will normally arrive in the payee's bank account on the following Wednesday.

 

 

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