Buyer's Fees and Payment Terms
Rum Auctioneer is passionate about and recognises the importance of ensuring that our customers have confidence and trust in our services. As such, we are committed to providing information on our fees clearly and accurately to help customers make informed decisions on buying in our auctions.
BUYERS' FEES WITH RUM AUCTIONEER
We charge £5 (ex VAT) to register on our site. This gives you lifetime access to our regular monthly and exclusive auctions. The registration cost is non-refundable and is used to authenticate users and mitigate against illegitimate bidding.
Buying Commission: 10% of the final hammer price
Please note that VAT may be applicable, please see more information here.
Non-UK or EEA Credit Card Surcharge: 3% on credit card payments from buyers outside of the UK or the European Economic Area (EEA)
Local taxation and custom charges: Please note that local taxation and customs charges may apply and the Buyer is responsible for both understanding and paying for any local taxation or custom charges if applicable. Please visit our International Shipping page for more information.
OPTIONAL SERVICES FEES
Loss & Breakage Assurance (formerly Risk Free Shipping): 3% of the total value of all lots included in your order. You can find out more about Loss & Breakage Assurance here.
PAYMENT TERMS WITH RUM AUCTIONEER
If you wish to pay by an alternative method please contact us to discuss.
WE ARE UNABLE TO ACCEPT THE FOLLOWING PAYMENT METHODS
JCB / Diners / Maestro Cards
BUYER'S PAYMENT TERMS
Rum Auctioneer's payment window for buyers is three days (72 hours) from close of auction. If payment for an order is not received within this 3 day window, a late payment charge of 3% of the total balance outstanding will be added to the order.
Late Payment Fee: 3% of the total order balance outstanding 72 hours (3 days) following close of auction.
Why do bids start at £15 and not £0?
Due to the governing laws for licensing in Scotland, there is a minimum price for alcohol units. As a result we have introduced a minimum bid price for each item, £15 will be the starting bid for most bottles of rum, but this will be calculated on a lot by lot basis.