This policy explains the accepted payment methods and conditions for purchases made through OverstockDirect.eu.
1. Accepted Payment Methods
- Bank transfer (SEPA transfer)
- Other secure methods as indicated on the invoice
We do not accept cash payments or cheques.
2. Payment Terms
- For machines and products priced under €8,000 (HT), we require full payment before delivery.
- For machines and products priced above €8,000 (HT), we are flexible:
- 50% deposit must be paid upfront for the order to be processed and prepared for delivery
- 50% balance must be paid by instant SEPA transfer on the day of delivery before unloading the machine
Orders are only confirmed once the initial payment (full or 50% deposit) has been received and cleared.
3. Invoices and VAT
All orders are invoiced by Industrial Sales International. Prices listed on OverstockDirect.eu are exclusive of VAT (HT). VAT is applied according to EU rules and clearly stated on the invoice.
- For intra-EU B2B buyers with a valid VAT number, invoices can be issued with VAT reverse charge applied.
- For French buyers, VAT is applied as required by French law.
4. Payment Confirmation
Once your payment is received, we will confirm your order by email. For partial payments, delivery is scheduled only after receipt of the deposit. For balance payments due on delivery, unloading is authorized only after confirmation of payment by SEPA instant transfer.
5. Late or Non-Payment
Failure to pay the balance on delivery may result in refusal to unload the machine. Deposits are non-refundable if the buyer cancels the order without valid reason.
Summary
Order confirmed only once payment is received
Full payment required upfront for machines under €8,000
50% deposit + 50% balance by SEPA instant transfer for machines over €8,000
VAT applied according to EU rules, reverse charge possible for intra-EU buyers