What are the terms? - Late Payment Fees

You need to pay your invoice within 14 days, counting from the day it was sent to you. If you are delayed with your payment, you will be charged an immediate late payment fee of 3.85% of the invoice value. In case the invoice is not paid within another 28 days, xChange reserves the right to charge another 3.85% penalty fee, cancel your credit line and put you into default.