Grape Ex Service Fee
GRAPE EX - SUPPLIER SERVICE FEES
Effective 1 January 2019
VINEX Service Fees
|Total Quantity Discount Per Harvest||National|
|1 - 500 Tonnes||2.25%|
|501 - 1,500 Tonnes||2.00%|
|1,501 - 5,000 Tonnes||1.75%|
|5,001 + Tonnes||1.50%|
Service fees are invoiced to the seller on the gross value of all trades completed. Final weight certificates are required, to be provided by the buyer. Unless otherwise agreed prior to contract, the above rates apply.
+ If the service fee calculation is equivalent < £150.00, a minimum fee of £150.00 applies.
Available Service Fee Discounts
- a 0.125% discount applies to vendors with a 12 month paid Premium membership
- a 0.125% discount applies to vendors accepting a VINfreight quote for freight & logistics Total available discount 0.25%
Multi-Year Supply - Service Fee
For multi-year agreements, VINEX will request a Continuing Supply Agreement be signed by the supplier when introducing a buyer for subsequent supply. The published VINEX service fees will apply for all continuing supply.
All suppliers receive a ProForma Invoice detailing the service fee amount at the time of receiving a Sale & Purchase Agreement for approval.
Invoice Payment Terms
Service fees are invoiced in the member’s preferred major currency, with single or multiple payments due within 15 days of receiving the buyer's remittance. The payment terms vary depending on the buyer's payment terms. Invoice payments can be made by debit/credit card (from your Member's Dashboard) or by wire transfer as detailed on each invoice. Detailed payment terms are available here.
Please contact your Regional Manager by email (or message from your Member Dashboard - Ask Regional Manager) for any assistance.