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Payment Policy

Forms of Payment for Non-Account & Cash Customers

We accept two forms of Payment

1. PayPal ®


PayPal is an account-based system that lets anyone with an e-mail address send and receive online payments using their credit card or bank account. The advantages of using PayPal are:

Fast. Payments are made immediately;
Convenience. You can fund your payment using the existing balance in your PayPal account, or by linking to your debit card, credit card or bank account;
Security. Because PayPal NEVER shares your financial information with anyone, you can transact with greater confidence.
Setting up a PayPal account is simple. You should also undertake PayPal’s verification procedure, which involves verifying two small deposits (made by PayPal within 3 – 5 working days) into your nominated bank account. Verification aims to ensure that all transacting parties are who they say they are, thereby creating a safer community and it is all done in the interest of your own security. Having a verified PayPal account also helps to lift your spending limits. If you’d like to find out this or any other questions about PayPal, visit PayPal. Once it’s up and running, you’ll find it’s a fast, safe and easy way to pay!

PayPal purchases will be displayed as “PAYPAL Silk Trader” on your bank statement.

Disclaimer: The PayPal service is provided by PayPal Australia Pty Limited (ABN 93 111 195 389) which holds an Australian Financial Services Licence, number 304962. Before deciding to sign-up for or use the PayPal service you should consider the Product Disclosure Statement, available at PayPal
Our e-mail address to pay using PayPal is: info@silktrader.com.au‘. Please remember to quote you Web Order Reference Number.

2. Direct Deposit – Electronic Funds Transfer (EFT)


This is simply transferring money from your bank account to our bank account.
It is fast, easy and secure.

All that is required is for you to log into your Internet Banking website and setup Silk Trader as a new account payee with the following banking details and then making the relevant payment.

Account Name: Socraft Pty Ltd
Bank: ANZ
BSB: 013148
Account Number.: 381704641

NOTE: No orders will be shipped until full Payment has been confirmed
We do not accept Cheque, Money Order or C.O.D. payments

Promotions

From time to time we may offer promotions in our media advertising. These promotions may constitute a discount off the order value or a giveaway product and may vary from promotion to promotion. Promotions will have a defined start and end date.

Each promotion will have a unique code which will be required to be entered when the order is entered. The code will be validated and if in error eg. invalid promotion code, promotion expired or order value is less than promotion order value, the promotion will NOT apply.