Transparent settlement structures, electronic bank transfers, commercial equipment leasing, and trade credit terms for corporate clients and hospitality operators.
As a registered wholesale equipment entity (ANZSIC F349120), RESTAURANT EQUIPMENT ONLINE LIMITED processes transactions primarily via direct commercial banking channels to ensure optimal wholesale pricing without retail card interchange surcharges:
| Payment Method | Processing Timeline | Applicability |
|---|---|---|
| Direct Bank Transfer (EFT / Wire in NZD) | Same Day / Next Morning | Standard Wholesale & Project Invoices |
| Proforma Invoice Pre-Payment | Instant upon cleared funds | Custom Equipment Fabrication & Indent Orders |
| Commercial Trade Credit (30-Day Account) | Net 30 Days from Invoice | Approved Corporate & Institutional Clients |
| Hospitality Equipment Asset Leasing | Subject to Financer Approval | Turnkey Commercial Kitchen Fitouts |
All direct bank payments must reference the formal Quotation Number or Tax Invoice Number generated by our Parnell billing department. Official bank account details for RESTAURANT EQUIPMENT ONLINE LIMITED are provided exclusively on authorized, digitally signed GST Tax Invoices.
Note: We will never send spontaneous notifications requesting payment to altered bank details. Always verify bank account numbers by contacting our Auckland office directly at +64 9888 7777.
All commercial transactions within New Zealand are subject to 15% Goods and Services Tax (GST) under the Goods and Services Tax Act 1985. Formal GST Tax Invoices detailing our NZBN (9429046511690) and NZ Company Number (6605593) are issued electronically upon order confirmation and dispatch.
Corporate hospitality groups, hotel chains, and educational institutions operating in New Zealand for more than 24 consecutive months may apply for a 30-Day Commercial Trade Facility. Credit approval involves standard NZBN credit verification and trade reference validation.
