06 · COMMERCIAL TERMS

Payments and proposals, in writing.

This page summarises Velqory public commercial principles. It does not replace a proposal, contract, SOW, payment schedule, or accounting validation.

Institutional position

Entity and invoicing

Institutional pages clarify Velqory public positioning. The concrete relationship with each customer still depends on proposal, contract, SOW, DPA, or approved document.

Velqory is the brand used by BOUNCY ALGORITHM - UNIPESSOAL LIMITADA, Portuguese tax number (NIF) 519421574.

Administrative details are provided in contractual, fiscal, or administrative documents where applicable.

Fiscal invoicing is issued through certified invoicing software, namely Moloni, or another legally accepted method.

Contact and proposals

Velqory replies to contact and proposal requests within one working day. The first conversation is free of charge.

Scope and price are set in writing before any work starts.
A technical diagnosis, when contracted, is priced in the proposal.

Payments

Payment methods do not replace the fiscal invoice. The concrete method must appear in the proposal, contract, or invoice.

Bank transfer/SEPA to the IBAN stated on the invoice is the preferred method for B2B projects.
Wise Business may be used as a B2B receiving method when accepted by the customer and applicable procedure.
Card, SEPA direct debit, Payment Links, or recurring charges are used only when expressly stated in writing.
Bank fees, payment-processor fees, currency conversion, and third-party costs are not included unless expressly stated.

Proposals and milestones

Projects, integrations and custom work are agreed through a written proposal or statement of work.

Milestones, delivery evidence and invoicing are defined in the proposal or contract.
Amounts are presented in EUR and VAT is added where applicable.
Scope changes, third parties, hosting, licences, hardware, travel, or recurring support are handled separately where applicable.

B2B relationships and partners

When there is a commercial partner, subcontracting, or joint proposal, responsibilities must be written down.

Velqory is only bound by prices, timelines, warranties, or proposals approved in writing.
Commissions, margins, or commercial fees do not exist by default; they require annex, proposal, SOW, or written agreement.
The commercial relationship does not create partnership, exclusivity, legal mandate, or employment relationship.

Limits and validation

Limits

This page does not generate invoices, receipts, or fiscal documents.
It does not replace specific proposal terms or a signed contract.
Bank account, payment term, and concrete milestones must appear in the invoice, proposal, or approved document.

Request a proposal with a closed scope.

Contact Velqory Or request a written proposal