AP Charges & Fees
AP Charges and Fees
Debit Balance Unpaid Balance/Late Fee
Debit Balance Unpaid Balance/Late Fee - $500
- Per Best Buy’s Standard Terms, if vendor is indebted to Best Buy, but there is no outstanding balance due to Vendor, Vendor will pay the amount due to Best Buy via check or wire transfer in full within thirty (30) days of receipt of notification from Best Buy.
- If vendor wishes to dispute a document, a dispute must be submitted on AP Visibility within the allowed timeframe. See the Right to Dispute page for more information.
- In the event that payment is not received within thirty (30) days of receipt of notification from Best Buy, a late payment fee (“LATEFEE”) will be assessed in the amount of $500.00 and added to the account balance.
Debit Balance Collection Placement Fee
Debit Balance Collection Placement Fee – 18% of Unpaid Balance
- In the event that Best Buy is unable to collect payment and a 10-day Collection Notice has been issued, Best Buy may place the account with an outside collection agency and will assess a Collection Placement Fee (“COLLECTIONFEE”) in the amount of 18% of the unpaid balance.
