Membership requirements
Companies or persons who’s main activity is operating an eggpacking station and or an eggproduct plant can become member. Membership application forms can be obtained by contacting EX-TRADE (fax +45 8627 7601 or e-mail info@ex-trade.com ). Applications for membership should be forwarded to EX-TRADE. Members are charged an one-off non-refundable initial fee of EUR 4,000.00. As a member you are also co-owner of Ex-Trade with 1 share and with the rights to vote at the general assembly and can be elected to the Membership Committee.
For additional information regarding membership, please contact Ex-Trade.
All members must be approved by Ex-Trade's membership commitee.
Assignment of codes
Each member is assigned login and password once their membership has been approved. Members can use their codes to calculate their best trading options via the internet in EX-TRADE´s electronic trading system. If necessary, the codes can be changed without notice. All codes assigned are strictly confidential.
Credit policy
Each new member´s credit will be checked to clear them for buying. A member will be allowed to buy on an open account basis depending on his/her current ability to meet EX-TRADE´s credit terms. A member´s credit limit is determined by current financial information, past payment history with EX-TRADE and other creditors, and the amount of credit insurance afforded by EX-TRADE´s credit insurance company. Penalties will be assessed for late payment. If, after due notice, payment is not received, immediate steps will be taken to collect the outstanding account. Additional security in the form of a Letter of Credit, bond or wire draft may be required. Chronic delinquency in payments can result in the suspension of buying privileges via EX-TRADE.
A member is liable for all trades/debt a possible department/branch or group company may enter into with Ex-Trade, also if the invoicing is done directly to the department/branch.
If an account goes to collection, the member shall be liable for any and all collection fees incurred by EX-TRADE, as well as late payment charges.
EX-TRADE reserves the right to limit the buying of a member because of a poor payment history on past EX-TRADE purchases.
|