Whangarei, Northland
Alternative Payments
CFS PAYMENTS
CFS Payments - Secure & Structured Transactions
Managing project payments shouldn't be stressful. Our CFS Payments System ensures your money is securely held by one of New Zealand's major banks and released only when key milestones are met—giving both clients and contractors peace of mind.
What is CFS?
A Client Fund Service is a simple, secure way to manage project payments. Instead of handing over large sums with no safeguards, funds are held safely in an "escrow" account with one of New Zealand's big five banks and only released when milestones are met.
How It Works?
Deposit - Client transfers funds at agreed stages to the CFS where funds are securely held.
Milestone - Progress is confirmed by each party as each key stage of the project is completed.
Payment - The CFS releases funds to Henare Construction once a mutually agreed milestone is reached.
Why We Use CFS
- Secure & Protected - Funds are held safely until milestones are met.
- Fair for Everyone - Reduces the risk of unpaid work or lost deposits.
- Transparent Process - Clients can see and approve every transaction.
Projects That Benefit Most Utilising CFS
- Renovations & Extensions
- Maintenance Works
- Any job with a duration under three months (Larger projects follow NZS 3910 contract terms.)
CFS Payments are our standard approach to ensure security and transparency for all projects. However, we understand clients differ in preferences and offer an opt-out option upon request. Let us know if you’d like to discuss alternative arrangements.
BTC PAYMENTS
Bitcoin Payments - The Future of Transactions
Bitcoin payments are available for clients familiar with blockchain transactions. This is an opt-in service, with up to 25% of the project cost payable in BTC and/or other crypto currencies. Please review our terms and conditions for full details before selecting this payment method.
Important Considerations
Opt-in only - For clients experienced with cryptocurrency transactions.
Volatility Awareness - Bitcoin prices fluctuate, and payments are final once
processed.
Responsibilities – Clients are responsible for ensuring their Crypto transactions comply with NZ reporting obligations.
Bitcoin payments are an alternative for clients confident in crypto transactions. Please review our terms and conditions before proceeding.
