Payment of accounts

For existing customers we have two methods of payment for all services, products and solutions supplied:

• Direct Debit
  
• Electronic banking
  

For new customers, effective 1 January 2017, a direct debit is required to be set up with LIC.

Download LIC Direct Debit form

Please send the completed Direct Debit Form to [email protected].

Payment terms

The total account balance is payable in full on the 20th of the following month, unless prior arrangements have been made for a payment instalment option. The payment instalment options are:

• Artificial Breeding products Premier Sires, Alpha semen, Alpha inseminations and all Heat Detectors: Three equal interest free monthly instalments.
• New GeneMark Whole Herd customers: 12 months interest free; 24 months interest free, or; 36 months (24 months interest free plus 12 months interest-bearing at 7%) on the cost of DNA profiling. These payment terms exclude TSU, A2, and BVD testing.

Other payment arrangements may be available interest free up to three instalments. Interest rates apply to longer instalment options, and rates will be reviewed on a regular basis.

LIC lending criteria apply.

A charge of $1.95 per month will be added for those customers who elect to continue to receive paper invoices.

Overdue accounts

A interest charge will be imposed on any outstanding balance where the payment obligations have not been met of 9%.

Interest rates will be reviewed on a regular basis.

Additional charges

Certain locations or timing of services, or non-dairy herds may incur additional charges.

All prices are exclusive of GST.