Please review the Payment term below. The same content will be uploaded in Ford Supplier Portal in October 2015.
Production and Non-production Ford Thailand Standard Payment Term:
Net 13th, 19th, 25th prox, 1st, 7th, 13th subsequent (45 days average)
- Entries dated from the 1st of a given month are paid by the 13th of the following month.
- Entries dated from the 2nd through the 7th given month are paid by the 19th of the following month.
- Entries dated from the 8th through the 13th of a given month are paid by the 25th of the following month.
- Entries dated from the 14th through the 19th of a given month are paid by the 1st of the two months following.
- Entries dated from the 20th through the 25th of a given month are paid by the 7th of the two months following.
- Entries dated from the 26th through the 31st of a given month are paid by the 13th of the two months following.
NOTE: Payment is triggered after part receipt at Ford plant.
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