The billing schedule is the same for both domains and hosting contracts.
Invoices are generated 30 days before the service or domain is due for renewal.
7 days before the due date a reminder will be sent.
1 day after the due date the first Over due  reminder will be sent.
5 days after the due date the second and final Over due reminder will be sent.
7 days after the due date a 10% late fee will be added to the invoice and the service will be suspended.
30 days after the due date any outstanding invoices will be cancelled and the service will be terminated.