DHB terms of trading
DHB (Goldsmiths)


Standard Terms & Conditions of trading


All quotations are submitted and all orders are accepted only on the basis of the following terms and conditions of sale.

1. PAYMENT
Our Payment terms are terms are 30 days from date of invoice. If payment remains unpaid by the time it is due, a creditor surcharge shall be payable by the customer at the current rate as stipulated on the sales invoice for each month the account remains unpaid.
Non- account sales will be on a pro-forma basis.

2. LIABILITIES
The invoice value of any goods made by us and subsequently agreed by us to be defective will be credited to the customers account provided that we are advised of the defect within 14 days of dispatch. Any defective goods will be replaced or made serviceable free of charge ,our liability being limited to the cost of exchange of the goods and no liability whatsoever is accepted for any other direct or consequential loss of whatever nature and however arising. We do not guarantee that the goods are suitable for any specific purpose even if that purpose is made known to us. We are not responsible for any damage that may be caused as a result of incorrect application of the goods.

3. RISK & TITLE
a) Not withstanding the delivery of the goods, the goods shall remain the sole and absolute property of DHB as legal and equitable owner until such time as the customer shall have paid to us the agreed price.

b) the customer shall (unless otherwise agreed) ensure that all the goods which are in the possession or control of the customer,, the ownership of which remains with us and stored or marked so that they may be readily identifiable as belong to us and we may for the purpose of recovery of our goods enter upon any premises where they are stored or where they are reasonably thought to be stored and may repossess the same.

c) The customer acknowledges that he is in possession of the goods solely as a fiduciary for us until payment to us for the said goods and in the event the customer sells the goods to a third party, then in such event, the entire proceeds of the sale are to be held in trust for us and shall not be mingled with other monies or paid into any overdrawn bank account and shall be at all times identifiable as our monies.

D) We do not accept responsibility for articles left with DHB for more than 3 months.