Payment Terms Agreement Template for Australia

1. Credit Terms: Specific terms for credit arrangements, used when credit facilities are part of the agreement

2. Security Arrangements: Details of any security or guarantees required, used when payment security is needed

3. Volume Discounts: Structure of volume-based discounts or rebates, used for bulk purchasing arrangements

4. Electronic Payment Systems: Specific provisions for electronic payment platforms or systems, used when implementing specific payment technologies

5. International Payments: Additional terms for international transactions, used when parties are in different countries

6. Force Majeure: Provisions for payment obligations during unforeseen circumstances, used when needed for longer-term agreements

7. Third-Party Payments: Terms for payments made through or to third parties, used when payment arrangements involve intermediaries

1. Schedule 1 - Payment Rates: Detailed breakdown of payment amounts, rates, or fee structures

2. Schedule 2 - Payment Processing Procedures: Step-by-step procedures for payment processing and reconciliation

3. Schedule 3 - Approved Payment Methods: List of accepted payment methods and associated processing requirements

4. Schedule 4 - Contact Details: Contact information for payment-related communications and escalations

5. Appendix A - Invoice Template: Standard invoice format and required information

6. Appendix B - Payment Dispute Form: Template for raising payment disputes