Medium-sized companies are entities with certain characteristics and with limits in terms of size, turnover and staff set by the countries in which these companies are established.
A grace period is the stipulated time between the end of an account lapse and the date the payment must be made.
During this period the beneficiary will not have to pay neither capital nor interests. Interest does not accumulate.
These periods were defined based on two fundamental aspects:
First: This period was taken into account by one fundamental aspect, which is the time necessary for AURICOIN to be adopted by the people.
Second: Due to the size and necessity of the time in which the project is developed.
Once AURICOIN receives the information form, its attachments and everything is in order, request the issuance of the "SMART CONTRACT" and we deposit the amount of the credit in your wallet.
AURICOIN sends you to your email: the number of the smart contract where the credit document was registered in the blockchain technology and the receipt of the credit settlement.
You must keep in mind that your wallet was linked to the AURICOIN billing wallet on the day and time programmed in the smart contract. The system will automatically charge you the fee, you must have the value in AURICOIN of the quota in your wallet, because if you do not have it, the contract will automatically be executed as expired.
This would qualify you as an "E" customer (higher risk), which is not at all favorable in your credit data that is in formation.
As you should also bear in mind that: fees for transfers, advertising, commissions for the use of the platform and license payments issued by AURICOIN for the use of its platform to other companies or individuals, will be charged in the Ether cryptocurrency, for 2 years, or until the AURICOIN blockchain platform starts. You should also take into account that the commissions for the study of credits and letters of credit are paid in fiat money.