Wholesale - Methods of payment
At Ikonka wholesale we offer several convenient payment methods. The whole process is simple and secure.
Payment methods:
Traditional bank transfer
To finalise your order, simply transfer the appropriate amount to the account number provided. Please include your order number in the title of the transfer. Once the payment has been credited, your order will be processed. This method is a convenient solution, especially if you have several orders - you can pay them with one transfer.
Trade credit
You have a few days to pay for your order. Download the invoice and enter the invoice number in the title of the transfer. The documents will be available on your customer panel within 24 hours.
How do I pay for an order at Ikonka wholesale?
In order to pay the invoice, you need to make a bank transfer based on the details that are sent to you after placing the order by email. If you place several orders, one transfer is sufficient.
After 3 orders, you will receive a trade credit with payment terms. In this model, orders are processed on the invoice without waiting for the payment to be posted.
Important: The finished invoice contains all the information necessary to settle the transaction. Downloadable documents can be found in the customer panel.
Payment terms and trade credits
The payment deadline stated on the invoice refers to the day on which we should receive your payment and is calculated from the date of issue of the document. If your payment is not received by the given due date, the invoice is marked as overdue and will hold any further orders until payment is settled.
Once the maximum trade credit has been reached, in order to process further orders the credit must be released by paying the oldest orders or paying additional operating funds into the balance.
Trade credit - determines the total gross value of invoices that we can defer. If the credit value is exceeded, orders must be paid for fulfilment.
The allocation and amount of credit is decided by the account manager on the basis of the payment history. The starter package is awarded after the third smooth order and is as follows:
Amount of credit: to be agreed with your account manager
Payment term for trade credit: 4 days
Credit limit - determines up to what value you can place credit orders
Free credit - indicates how much you have left of your limit
Balance - tells you how much you have left to pay for invoices. If it is positive it means you have an overpayment
Deadline - tells you how long you have to pay your invoice. The deadline allows for smooth logistics so that orders go out as quickly as possible without having to wait for the payment to be posted
IMPORTANT! Trade credit is excluded when 30% of the value of the invoices is unpaid on time
The amount of trade credit granted depends on the turnover realized in the last 12 months and is subject to change.
