Common use of Collection Service Clause in Contracts

Collection Service. a forwarding service consisting in the collection from Consignee, upon Consignment delivery, of a collection amount (amount of money) determined by Client and transferring it to Client's bank account; Forwarder provides Collection Service for Client if it is directly stipulated in the General Forwarding Agreement or Forwarding Offer given to Client and Client has indicated a bank account number to which Forwarder should transfer the collected collection amounts; Forwarder shall transfer the collection amount to Client's account within 7 banking days from the moment of giving ▇▇▇▇▇▇▇▇▇'s carrier the collection amount provided that Client is not in arrears with the payment of any sums due to Forwarder from Client; the collection amount may not exceed: a) PLN 15,000 or the equivalent thereof in other currency for Consignment in case of the Collection Service in the territory of the Republic of Poland; b) PLN 8,000 or the equivalent thereof in other currency for Consignment in case of the Collection Service provided outside the territory of the Republic of Poland;