Payment Terms Change Request

Electronic Funds Transfer

One way of improving the reliability and timing of receipt of your payments is to sign-up for electronic funds transfer (EFT). If you are currently receiving payments via check and would like to have funds electronically deposited into your bank account, please complete the Electronic Funds Transfer Authorization form and fax it to the telephone number appearing in header to this document.

Discounts on Payments

Suppliers can elect to offer Teradata a discount rate on payments in exchange for faster payment terms. If you wish to propose a discount for faster payment, please complete the Discount Payment Terms Request below and submit to Teradata.

The fields identified by (*) are required.

Payment Term Options:

Instructions: This section is used for submitting a proposed discount rate and terms. The discount rate is the percent price reduction offered. The discount term is the number of days in which Teradata must submit payment, after receipt of an approved invoice, in order to apply the discount rate to the payment.

*Proposed Discount Rate	%
*Proposed Payment Terms (Must be greater than or equal to 10 Days)	Days
*Apply Discount Terms to all Future Invoices	Yes No
*Apply Discount Terms to Outstanding Invoices	Yes No
If you wish to apply discounts to current outstanding invoices, please list the invoice numbers here.

Note: Agreed upon new discount terms do not change the pre-existing contractual non-discount terms. If Teradata for any reason does not make a payment within the new discount term period, the pre-existing "Net" payment terms will apply to the full undiscounted payment.

Supplier:

*Supplier Name
If Subsidiary, parent name

Supplier Address Information:

*Street Address
*City
State
*Postal code
*Country

Supplier Contact Information:

*Contact Name
*Contact E-mail
*Contact Telephone

Comments:

Upon submission your request will be forwarded to Teradata. You should receive notification of whether your request has been approved within 2 business days. Once approved, the new terms will become effective immediately upon notification.

Teradata reserves the right to make undiscounted payments based on pre-existing payment terms even if discounted payment terms have been agreed upon. If you have any questions or comments, please click this link to contact us.

To send your request to Teradata, please click the "Submit" button below. By pressing submit you are certifying you are authorized to request this payment term change on behalf of your company.

Suppliers

Change Payment Terms

Contact Accounts Payable

If you need further assistance regarding purchasing or accounts payable, contact us and a Teradata representative will assist you.

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