NEW LEGISLATION – PAYMENTS
BUYING SECTION – PAYMENTS
Following the introduction of new regulations in June 2017, we are required to conduct identification checks where customers wish to pay in cash for purchases of 10,000 Euros or more. For ease of understanding and to allow for currency fluctuation, we will value the amount to be equivalent to £7000 (GBP). The regulations state that when we accept payments at this value or over it is compulsory for us to ask for documents proving the buyer’s identity. Acceptable documents are either a ‘Photo Driving Licence’ or ‘Passport’. When producing these documents they must be originals, not copies.
Note: these regulations apply to CASH transactions only!
Cheques are accepted only by prior arrangement, and purchases paid with cheque will only be released on clearance through our bank.
You may pay with cash below £7000 (€10,000), cheque (only accepted upon prior arrangement), credit and debit cards, wire transfer or banker’s draft. Please note that as from January 13, 2018, we no longer charge a handling fee of 2% on credit card transactions. Debit cards incur no extra charge. Credit or debit card payments must be made in person unless prior arrangements have been agreed upon. For further details contact the office. You must pay for your purchase immediately after the sale. All funds must be cleared before goods are released. We request that all purchases are collected immediately after the sale. If you require us to store the items for you, this can be arranged for a fee with a member of staff.