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'TA: late payers may se eum as excuse

22nd November 2001
Page 7
Page 7, 22nd November 2001 — 'TA: late payers may se eum as excuse
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International operators )uld watch out for customers ip may use the launch of the -o as an excuse to delay payTit, warns the Freight insport Association, Don Armour, FTA manager road freight policy, says oices being sent to any of the Pountries that have joined the gte currency should now be ued in euros rather than the tbnal currencies being )laced.

This is because customers iy refuse to recognise non'o invoices if payment is not until after the changeover Leon 1 January. The danger is that the invoice may go to the back of the payment queue and, if the customer was being particularly snotty there could be a considerable delay," warns Armour.

lie says that operators should not be alarmed if payment arrives in one of the old currencies, provided that the cheque is dated prior to 1 January He also says that any tenders for work in a euro zone country should now only be submitted in euros. "If customers don't see it in euros, they may not be bothered to convert it to euros."

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