ACH Direct Debit.

Client must have a United States bank account to select ACH direct debit as its Payment Method. If Client selects ACH direct debit as its Payment Method, Client shall complete and accept the ACH direct debit authorization form presented to Client by Velocity Global. Thereafter, all invoices under these EOR Terms of Service will be paid via Velocity Global initiating an ACH direct debit from Client’s bank account on the due date of the invoice. If Client’s Payment Method is ACH direct debit, unless stated otherwise in the Order Form Client shall pay each invoice under these EOR Terms of Service within two (2) business days after its receipt of the invoice from Velocity Global.

SEPA Direct Debit.

Client must have a bank account in a country that is a member of the Single Euro Payments Area to select SEPA direct debit as its Payment Method. If Client selects SEPA direct debit as its Payment Method, Client shall complete and accept the SEPA direct debit authorization form presented to Client by Velocity Global. Thereafter, all invoices under these EOR Terms of Service will be paid via Velocity Global initiating a SEPA direct debit from Client’s bank account on the due date of the invoice. If Client’s Payment Method is SEPA direct debit, unless stated otherwise in the Order Form Client shall pay each invoice under these EOR Terms of Service within two (2) business days after its receipt of the invoice from Velocity Global.

CAD Direct Debit (PAD).

Client must have a Canadian bank account to select CAD direct debit as its Payment Method. If Client selects CAD direct debit as its Payment Method, Client shall complete and accept the CAD direct debit authorization form presented to Client by Velocity Global. Thereafter, all invoices under these EOR Terms of Service will be paid via Velocity Global initiating a CAD direct debit from Client’s bank account on the due date of the invoice. If Client’s Payment Method is CAD direct debit, unless stated otherwise in the Order Form Client shall pay each invoice under these EOR Terms of Service within two (2) business days after its receipt of the invoice from Velocity Global.

Wire Transfer.

If Client selects wire transfer as its Payment Method, Client shall pay all invoices under these EOR Terms of Service by initiating a wire transfer to the bank account designated by Velocity Global to Client. If Client’s Payment Method is wire transfer, unless stated otherwise in the Order Form Client shall pay each invoice under these EOR Terms of Service within five (5) calendar days after its receipt of the invoice from Velocity Global. Client shall also provide remittance details to Velocity Global via email at ar@velocityglobal.com or another email address as communicated by Velocity Global with each payment made via wire transfer to allow Velocity Global to apply the funds to the applicable invoice in a timely manner.