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Why are companies in Australia able to refuse hard currency or Legal tender and demand payment by direct debit with no option for the former?
Because legal tender just means that you have to use units of Australian currency, it doesn't mean that you must pay using any particular form of that currency. For example, a company could refuse to accept your payment if you paid $1000 entirely in 5c pieces. Increasingly business is reliant on electronic transactions. Many operations are not set up to handle cash payments (for example, they lack secure facilities for keeping cash), and so they will request electronic payment instead.
What is a goodwill payment?
A payment made that is someone or a company is not obliged or legally required to do so. It is usually done to retain the business of a specific customer.
What do you call any kind of money that a creditor must by law accept in payment of debts?
Legal tender. In plain English, it's the currency that is in use in a particular country. US dollars in America, Sterling in the UK and Euros in much of Europe for example.A creditor is normally free to accept other forms of payment if he chooses to. The creditor may decide to accept a foreign currency rather than wait for the payment in the legal tender of the country. The creditor is normally not obliged to accept anything other than legal tender.
Can you tape money and still use it as a form of payment?
No, taping money is not a valid form of payment as it can damage the currency and make it unusable.
How is a corresponsal bank of Bank of china yiwu branch?
Depends on what's currency you will transfer and where do you make your payment.
Why do Australian notes have 'This Australian note is legal tender throughout Australia and its Territories?
It is a declaration informing you where the banknote will be accepted as Legal Tender or, where you can use the note to settle a debt. In the case of an Australian banknote, it can legally be accepted anywhere in Australia and its Territories, and not be refused. If you were to use the currency of another country to make a purchase or settle a debt in Australia, the person owed the money has every right to refuse any payment made in non-Australian currency. The banknotes of most countries will carry a similar declaration in respect of their own currencies and countries/territories.
How i can buy from au?
To buy from Australia, you can visit online retailers that ship internationally, such as eBay Australia or Amazon Australia. Ensure the seller ships to your location and check for any shipping fees or customs duties. Alternatively, you can use a parcel forwarding service that provides you with an Australian address to facilitate your purchase. Finally, make sure to verify payment options and currency conversion if necessary.
Is the National payment services lottery in Australia legitimate?
Nope, someone is trying to scam you. Trust me, I am Australian and know about lotteries. Sorry.
Why are companies in Australia able to refuse hard currency or Legal tender and demand payment by direct debit with no option for the former?
Because legal tender just means that you have to use units of Australian currency, it doesn't mean that you must pay using any particular form of that currency. For example, a company could refuse to accept your payment if you paid $1000 entirely in 5c pieces. Increasingly business is reliant on electronic transactions. Many operations are not set up to handle cash payments (for example, they lack secure facilities for keeping cash), and so they will request electronic payment instead.
What is a goodwill payment?
A payment made that is someone or a company is not obliged or legally required to do so. It is usually done to retain the business of a specific customer.
What do you call any kind of money that a creditor must by law accept in payment of debts?
Legal tender. In plain English, it's the currency that is in use in a particular country. US dollars in America, Sterling in the UK and Euros in much of Europe for example.A creditor is normally free to accept other forms of payment if he chooses to. The creditor may decide to accept a foreign currency rather than wait for the payment in the legal tender of the country. The creditor is normally not obliged to accept anything other than legal tender.
Where can I find a down payment calculator?
Bankrate.com offers a free and easily useable down payment calculator. Go to bankrate.com today to figure out how many down payments you are obliged to pay.
Is a 1946 Australian Florin legal tender?
All Australian coins minted since the first post-Federation Australian coins were minted in 1910, are still considered to be Legal Tender according to the Australian Currency Act. You may however, have a problem getting a shop keeper to accept a handful of Pennies and Shillings as payment, not only because the shop keeper possibly will not want them, but there seems to be a grey area in the interpretation of the Act as to what constitutes Legal Tender. As of 2010, the only Australian coins to have been demonetised are the early Proclamation coins and the Holey Dollars and dumps.
Why Doesn't Paypal Australia Except American Express?
PayPal Australia does not accept American Express card, because PayPal Australia already localized its website.Having an AMEX card on PayPal Australia will also affect the currency conversion from USD to AUD when you are making a payment using this type of card. You may contact PayPal Australia customer service for more information.
What is meant by the term Australian legal tender?
From "The Reserve Bank of Australia" website has this;http://www.rba.gov.au/CurrencyNotes/LegalFramework/legal_tender.htmlLEGAL TENDER The Concise Oxford Dictionary defines legal tender as "currency that cannot legally be refused in payment of debt (usually up to a limited amount for baser coins, etc.)". It is the Bank's understanding that, although Australian currency has legal tender status, it does not necessarily have to be used in transactions. Under the legal tender provisions of the Currency Act 1965 and the Reserve Bank Act 1959, refusal to accept payment in legal tender notes and coins is not unlawful. This is the case even where an existing debt is involved. However, a refusal to accept legal tender in payment of an existing debt, where no other means of payment/settlement has been specified in advance, conceivably could have consequences in legal proceedings, i.e. the creditor may be unable to enforce payment in any other form. It appears that the provider of goods or services is at liberty to set the commercial terms upon which payment will take place before the "contract" is entered into. For example, some toll collection points indicate by signs that they will not accept low denomination coins. If a provider of goods or services specifies other means of payment prior to the contract, then there is usually no obligation for legal tender to be accepted as payment.
What are the essential features for a successful ecommerce website in Australia?
The essential features for a successful ecommerce website in Australia include: Mobile responsiveness for seamless shopping on all devices. Fast loading times to enhance user experience. Secure payment gateways to ensure safe transactions. User-friendly navigation for easy product browsing. SEO optimization to improve visibility in search engines. Local currency and shipping options to cater to Australian customers.
Do Americans share the same obligations?
I'm not obliged to pay half my neighbors house payment but when they say "Hello", common courtesy requires a civil answer.
