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Terms and Conditions

Trading Terms and Conditions of use

  1. Payment should be Invoice-to-Invoice. No part-payments of individual invoices are allowed.
  2. Cash payments must be made directly into our Bank A/c or our Head Office.
  3. Mode of Payment should be consistent (one mode only). Mode of payment to be approved by Transtel Ltd. and can only be changed with prior permission from Transtel Ltd.
  4. Cheques (if agreed) must be made payable to “TRANSTEL LTD.”
  5. Title of goods will stay with TRANSTEL LTD until full payments are received and cleared.
  6. Un-cleared cheques will be deemed to be outstanding. Any additional purchases must be with cash deposited at our office, through our MTN or Airtel Mobile Money Accounts or our Transtel DTB bank account.
  7. Any cheque returned unpaid will attract a UGX 200,000 Administrative Charge. The Unpaid Cheque and Administrative Charge are to be cleared on demand. Additional costs of recovery plus a monthly 5% interest from date of issue will be required to be paid by the issuer of the cheque.
  8. All overdue amounts will become subject to monthly interest of 5% from the due date plus any collection/legal charges that may be incurred.
  9. Cheques belonging to the registered company may only be accepted if a prior arrangement has been made with us. In such a case the Cheque will be required to be cleared before issue of goods.
  10. Any variation to the above terms and conditions will have to be approved and agreed upon by both parties.
  11. Bank Statements of the applicant’s Trading A/C may be required in some cases.
  12. Completion of the application form does not guarantee a Credit or Cheque payment facility.
  13. Prices, discounts and any promotional offers are subject to change without prior notice.
  14. Warranties are subject to respective manufacturer terms and conditions.

I hereby accept and fully understand the Terms and Conditions of Transtel (U) Ltd. I am fully aware of my responsibility with reference to issuing cheques. I agree to stand as a personal guarantor should my business fail to clear all debts owed to Transtel (U) Ltd.