Terms of Payment
Invoices by the Altmann & Kühne OHG are to be paid immediately prior to the delivery period:
We accept payment by credit card (American Express, Diners, Mastercard, Visa) or advance payment. If you choose to pay with credit card, the amount due is debited on your card upon sending the order. Your credit card details will not be saved in any form.
On default of payment, we charge a default interest at the rate of 6 % above base interest rate of the European Central Bank.
In case of default by the customer with payment or other services, we are entitled to keep our delivery goods with us for the duration of the delivery period, and unless the contractual obligations have been performed, to cancel the contract after expiry of the extension period, claiming damages for non-performance. In this case the customer has to return the delivered items without delay at their own expense. We reserve the right for compensation in the case of devaluation, signs of wear and tear, costs for delivery we have covered, and other. We also reserve the right to keep or bill 20 per cent of the price as a minimum penalty in this case of withdrawal on our behalf.
If there is a breach of contract from the customer’s side, they are obliged to cover all costs in prosecuting our rights. There will be a charge of 5 Euros to the customer’s account per reminder and another 25 Euros for the keeping of a current record of the arrears in our dunning. Furthermore, the customer is bound to replace the costs of debt collecting agencies up to the highest rates in debt collection and the costs of lawyers according to the Lawyers’ Fees Act.
The customer is guaranteed that any claims from the company’s side are only initiated in case of his defaults in payment and will be executed strictly according to law. According to the Consumer Protection Act, our right of retention is bound to a claim.