Gordon & Gotch this morning emailed a newsagent claiming that their account is overdue when there is still half a day left to pay the bill. This is appalling treatment of this newsagent by Gotch, a company that does not provide newsagents with reasonable control over their level of indebtedness. I suspect others have received the same email.
Here is today’s email from Gotch to one newsagent:
We take this opportunity to remind you that your January 2014 account was due on the 20th of February and is now overdue.
Regrettably supplies to your outlet will be suspended unless payment is received promptly.
Please see payment methods below:
· Direct Deposit (Bank details) ANZ Banking Group,
Cnr Queen & Creek Streets Brisbane, QLD.
BSB: 014 002 Account: 7758 12207
(Please use your Gotch Billing account number as reference)
· Credit Card using GotchConnect Please note that only Mastercard and VISA accepted
If you require a copy of your statement, please log on to www.gordongotch.com.au to view / download.
For any queries or clarification, please contact your credit officer on 1300 650 111.
We thank you for your cooperation.
National Credit Department
Some newsagents actively discussing closing their magazine accounts down.