Shipping goods on consignment? Include this free letter to the reseller setting out the terms on which the goods are shipped.
You can download the Microsoft Word file, or copy and paste the text below onto your company letterhead.
(name of customer)
(address of customer)
Dear Sir / Madam:
This letter acknowledges that the goods described on the attached invoice or order are shipped on a consignment basis. In the event you are unable to sell the said goods, any unsold goods may be returned to us at your expense for full credit.
We reserve a security right in the goods and we have the right to reclaim any unsold goods at any time. You further agree to execute any financing statements as we may from time to time require to perfect our ownership claim to said goods.
Goods sold by you shall be paid for on the terms stated in our invoice.
(signature of supplier)
(signature of customer)
Last Updated: 14-April-2016