Trading Terms

 

Dear Client,

Please find below a summary of our standard trading conditions, which are in addition to the standard trading conditions of the British International Freight Association (BIFA), the current version of which is available on this website. Your attention is drawn to specific clauses hereof which exclude or limit IFS Worldwide ("the Company")'s liability and those which require the customer to indemnify the Company in certain circumstances and those which limit time and those which deal with conditions of issuing effective goods insurance being clauses 8,10, 11(A) and 11(B), 12-14 inclusive, 18-20 inclusive and 24-27 inclusive. Our Goods In Transit insurance cover is based on BIFA/ CMR terms, and has a limit for Theft Attractive Goods of GBP50,000 for any one event.

Our credit terms require payment by 30 days from date of invoice and for specific FREIGHT, DUTY, VAT and our CASH DISBURSEMENTS, payment is due by RETURN. We reserve the right to withdraw credit terms at our own discretion, notice of which shall be given in writing, (be it by letter, fax, email or other means), in the event of which all sums become payable immediately. We also reserve the right to charge interest on overdue amounts at BOE Base Rate + 5% and to recover costs involved in securing payment. Any dispute regarding invoices sent to you should be advised in writing no later than 14 days following receipt of said invoice(s). Failure to lodge such notice will render the invoice irrevocable and payment will be required within the terms of the credit agreement.

All job instructions to be executed by IFS Worldwide Ltd shall be confirmed in writing and sent to us by fax or email prior to commencement of the job. IFS Worldwide will not be held liable for missing, incorrect or incomplete instructions, or for amended instruction not delivered to us in writing before transport takes place.

For all tariff schedules, (whether explicitly stated on the tarif rate schedule or not), the maximum charge for any tarif rate band will always constitute the minimum charge of the next higher band.

While reasonable care is taken to protect goods, IFS Worldwide Ltd will not accept any claim for damage where packaging is not appropriate for the method of transport arranged.

While transport will be planned to meet required delivery times, ALL shipments are subject to delay outwith our control and no absolute delivery deadline is ever agreed or implied.

We recommend that all clients arrange Marine Cargo insurance cover. Such cover minimises disruption to your business as it will usually settle any claim much more quickly than a claim under CMR terms through our freight liability policy, as this usually involves a claim against sub-contractors abroad. CMR claim limits may also not cover the full value of your goods as it is limited by weight. For further details about Marine Cargo Insurance please feel free to contact us.

By entering into a contractual agreement with IFS Worldwide, clients agree that in addition to the standard terms governing that contract (e.g. BIFA/ CMR/ Hague-Visby), all claims for loss or damage will be settled by mutual agreement, and never by deduction from freight charges.

terms updated June 2015

IFS.WORLDWIDE

Unit 4 Winchester Court

Winchester Avenue Ind. Estate

Denny FK6 6QR Scotland

TEL +44 (0)1324 822855

FAX +44 (0)1324 822366

EMAIL