The University’s payment terms are as follows – note, payment terms are listed in order of Queen’s preference:
Term: Net 0 -7 days from invoice approval
Note, a merchant account is required to accept VPA. The university considers merchant fees a cost of business. The expectation is this fee is not charged back to Queen's for suppliers to accept VPA as a payment method. Benefits of accepting VPA on an accelerated payment term are available on our website.
Term: Net 60 days from invoice date
Term: Net 60 days from invoice date
Term: Net 60 days from invoice date
As of November 15th, 2024:
Due to the current disruption in service from Canada Post, Queen’s University is requiring all vendors, students, and staff be set up for payment via EFT (Electronic Funds Transfer), ACH (Automated Clearing House) or VPA (Visa Payables Automation). Vendor payment cheques will not be issued during this time.
Term: Net 60 days from invoice date
If you have questions regarding payment terms, please contact:
Nicki Mundell
Senior Manager, eProcurement
Email: nicole.mundell@queensu.ca | Phone (613) 533-6000 ext. 75537