Payment Information

The information below provides details on the process Intel uses to calculate payment terms, preferred payment method, and how to track the status of a payment.

Payment Terms:

Payment terms always follow the contracted terms or the terms reflected on the Purchase Order (PO). Our default payment terms are 2%/10 net 90 days.

Payment terms are calculated from the later of the following:

  • Receivable PO's from the later of the following: actual delivery date when goods are received at Intel; OR the date a valid, original invoice is received at Intel Accounts Payable.
  • Non-Receivable PO’s payment terms clock start solely on the date a valid, original invoice is received at Intel Accounts Payable.

Electronic invoicing is the fastest way to submit an invoice. You can submit invoices electronically using the Ariba Network for Purchase Orders viewed on the Ariba Network, or using Intel® Web Invoice for Purchase Orders viewed on Intel(R) Web PO.

Preferred Payment Method:  Intel's preferred payment method and how to register for it.

Tracking Payment Status

  • Ariba Network Transactions - You may access Ariba Network through this link, where you find the status of invoices and payments using the dashboard views and search features. Ariba Network is designed for efficient, easy-to-use tools for searching for invoices and payments, as well as running reports utilizing various criteria.
  • WebSuite Transactions - Intel Payment Tracker enables suppliers to run reports of invoice and payment status by check number, invoice number, PO number, and payment due-date range.

Bank Charges

  • Definition - Bank processing fees charged by the bank to their customer in lieu of the services provided, i.e. wire transfer fees
  • Intel standard payment practice, bank charges will be shared between Intel & their vendors.
  • Intel will absorb payer bank charges. Suppliers should absorb their intermediary & payee/beneficiary bank's charges, and should not bill-back Intel.
  • Bank charges amount vary, depending on the payment method and respective payee banks.