Collection POS definition
Examples of Collection POS in a sentence
If the Balance Amount has already been paid, Home Credit shall have the right to deduct the amount paid from the succeeding payments to the Dealer/Provider The Dealer/Provider can send the Financing Documents through their own courier or deliver the Financing Documents to Home Credit’s nearest Collection POS.
The delivery receipt would serve as proof that the documents listed in the Contract Package Sheet have been delivered as sealed in the Collection POS, on the date signed.
All costs associated with the delivery of the Financing Documents to Home Credit’s Back Office or to the Collection POS shall be for the account of the Dealer/Provider.
The Dealer/Provider’s option to deliver the Financing Documents to Home Credit’s nearest Collection POS for Home Credit’s courier to pick-up, would only be available for contracts of which were signed on the day itself or at the maximum five (5) calendar days prior the actual delivery date in Collection POS.
Once Financing Documents have been delivered to a Collection POS, the Dealer/Provider’s Representative will get a signed delivery receipt in form of the Contract Package Sheet, from Home Credit personnel assigned in the Collection POS.