Payment Terms and Conditions
Payment in full is due within 24 hours after the auction closed. Acceptable forms of payment are cash, wire/ACH transfer, direct deposit, PayPal or Venmo, bank checks, and company checks with a bank letter of guarantee. We do not accept personal checks or credit cards. All payments must be made in U.S. funds.
Purchasers without U.S. bank accounts are required to pay in U.S. funds via wire transfer directly from their bank. Please refer to the International wiring information below. Some equipment may require modifications to meet import and safety regulations. Please contact your customs broker for further information regarding your customs requirements and knowledge to move machinery.
State Sales Tax
State Sales Tax is collected at every sale. If you are tax exempt as your purchases are for resale, please complete a Resale Certificate Form for your state and submit this to us prior to or at the time of the auction sale.
Wire Transfers/ACH or Direct Deposit
When sending payment by Wire/ACH transfer (Domestic and International), please include your bidder name, bidder number and auction name. (Please call us at 215-426-5300 for the account and routing numbers required.) You can also make a direct deposit into any M & T Bank.
Company Checks with Bank Letter of Guarantee
When presenting a company check for payment it must be accompanied by an acceptable bank letter of guarantee. See sample below for details.
When making a payment by PayPal (Domestic Only), please include your bidder name, bidder number and auction name. You’ll need to contact us so we can make the request to you for the full auction payment plus PayPal fees which are currently 3.5% of your auction invoice.