45 days end of month as from the date of issuance of the invoice or 60 days as from the date of issuance of the invoice, while Directive 2011/7/UE envisaged that the payment term set forth in the contract should be limited to 60 calendar days “unless otherwise expressly agreed in the contract and provided it is not grossly unfair to the creditor”. The acceptance of Amazon Pay can lead to an improved payment acceptance rate, lower cart abandonment, and increased conversions as Amazon Pay shoppers can pay for products and services without creating new accounts or leaving a merchant’s site. Non-compliance, which is henceforth punishable “only” by an administrative fine, is assessed and sanctioned by the agents of the Direction Générale de la Concurrence, de la Consommation et de la Répression des Fraudes (General Directorate for Competition, Consumer Protection and Frauds, hereinafter “DGCCRF”), a Directorate of the Ministry of Economy, Industry and the Digital Sector, who have the power and authority to search professional premises and request the disclosure of materials. In the second case, if a dispute is brought before a French court, French provisions on payment terms would be considered as international public policy rules by the French judge. By way of derogation, the parties may agree on a payment term of 45 days end of month from the date of issuance of the invoice provided that such period is expressly provided for in the contract and that it is not grossly unfair to the creditor (Article L. 441-6, I, 9° of the French Commercial Code)[4]. Ask the beneficiary for a copy of their RIB (rélevé d’identité bancaire) or RIP (rélevé d’identité postal), which will list all these details. American Express is a credit or charge card that can be used for online payments. Visa truly is a global payment brand with acceptance at point-of-sale and online in over 170 countries. •With thanks to Ian McDonald, Barclays Bank in France, About us Contact us Advertise with us Free Newsletters Privacy Policy Cookie Policy Data Protection Policy. Browse the homes hittng the market to find your slice Subscription to our free email newsletters to keep you updated on tax, property, legal issues, holiday offers and life in France. Fax : +33(0)1 40 54 29 20, Cité internationale The equivalent of a Banker’s Draft is a ch?que de banque and is a useful way of making larger-value transactions such as car or house purchase.

It is best to give your bank a couple of days’ notice if you need a draft. French Payment Market Overview. [6] http://www.economie.gouv.fr/files/files/directions_services/dgccrf/presse/DP_delais_paiement23112015.pdf, [7] http://www.economie.gouv.fr/dgccrf/sanctions-delais-paiement. With Amazon Pay, shoppers can make purchases using credit or debit cards stored in their digital wallet. of paradise or get nifty advice for your French home.

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