In this article, you will understand what happens when you fill out the additional notes of your Leasing deals.
What are the advantages and disadvantages?
Although using additional notes allows both partners to tailor the contract to your own unique requirements, please bear in mind that:
- xChange reserves the right to abstain from processing the Additional Notes
This means xChange will review the requirements from the Additional notes, and on a case-by-case basis, confirm if we are able to process said fees via the xChange wallet.
*to avoid ambiguity, please make sure they are as clear and specific as possible
- Additional terms will only be processed through the wallet if agreed by both partners on the leasing deal's chat.
- If both of the partners do not explicitly confirm the applicability of the additional notes on the deal's chat, we will then request the charging partner to issue an invoice to the other partner directly.
- Additional terms that deviate from the standard guaranteed terms such as additional notes of increased Pickup charges, Daily storage charges, Per diems, Cancellation charges, DRV, etc. will waive your right of payment guarantee from xChange.
For more information, please refer to our xChange Leasing Payment Handling Terms and Conditions - or the related article: