Policy: Payments to third parties

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Revision as of 10:31, 9 July 2011 by Laouris (talk | contribs)

At Future Worlds Center, we have the following rule:

We do NOT order anything ‘on credit". This means that whatever we buy must be paid immediately.

This policy can be overwritten only

  • for amounts less than €1000 AND when
  • at least two members of the Board approve the exception

For amounts over €1000:

  • A Board Resolution is required


When making payments to third parties, please follow the relevant Payments to third parties Procedure.