Invoice Payment Terms and Instructions

 

Payment Amount And Method

• Please ensure the payment matches the exact invoice amount. All transactions should be made in the stated currency to the account details provided.

Bank Charges Responsibility

• When initiating the payment, select the "OUR" instruction in the SWIFT "71A" field. This ensures that all transfer charges, including remitting and intermediary bank charges, are covered by the remitter.

• Teqstars Technologies will not bear any charges deducted during the transfer process. Any shortfall in the received amount due to shared ("SHA") or beneficiary ("BEN") charges will be considered outstanding and must be cleared immediately by the customer.

Payment Reference

• Include the invoice number and payment purpose in the transfer reference (e.g., "INV/2024-25/XXXX") for proper reconciliation.