5. Payment terms
5.1 Where payments are made by Paypal the terms required by Paypal shall be binding on both the Customer and the Company.
5.2 Unless otherwise stipulated by the Company, Credit Account invoices are due and payable in pounds sterling 30 days from the date of the invoice.
5.3 Where an invoice is overdue for payment, the Company may charge interest at 5% above the base rate of HSBC Bank prevailing from time to time on overdue amounts.
5.4 Payment shall be deemed to have been received only when the full value of the goods as invoiced has been credited to the Company's bank account without recourse as cleared funds or the Company has received the full amount in cash.
5.5 When payment for orders is made with a credit or debit card, that card is charged at the moment the order is placed.
5.6 Payments taken for items out of stock will be held to enable immediate delivery of the order as soon as the stock becomes available.