Payment terms can vary from sale to sale; exceptions to these terms can be found in the Terms and Conditions on the sale details page. This information is only for general reference. All bidders should review and follow any payment instructions provided on the sale details page.

Payment is due upon receipt of invoice.

Payments must be made in U.S. funds.

Acceptable forms of payment are:

  • Cash

  • Cashier's check

  • Wire transfer

  • Company check payable to Hilco Industrial only if accompanied by a bank letter of guarantee (download sample bank letter template).

  • Visa or MasterCard for most sales, only if invoice amount is less than $2,000.

Personal checks are not accepted.

Buyers who are present onsite must remit a payment of at least 25% of invoice amount before leaving the site the day of the auction. This deposit can be made by cash, check or money order. They may then make arrangements to remit the balance, or remit the total amount and have their original deposit refunded. This is to allow bidders to make wire transfer arrangements during banking hours.

Payment amount must include sales tax where applicable. See sale details for information about sales tax rules and exemptions.

Invoice amount will also include applicable buyer's premium. Standard buyer's premium is 18%, but may vary. A 2% discount on buyer's premium is usually offered for buyers making their payment by cash, check or wire transfer within two business days of the close of the sale.

Invoice will reflect any special circumstances for that sale. Please follow payment instructions on your invoice.

Payment is due upon receipt of invoice.

The Purchase Price should be paid by means of electronic funds transfer (EFT).

The bank details and the currency in which payment should be made shall be specified in the Sale Specific Terms.

Payment is due upon receipt of invoice.

All payments must be made in Canadian funds.

Acceptable forms of payment are:

  • Cash

  • Visa or MasterCard ($2,000 limit)

  • Cashier's cheque

  • Wire transfer

  • Company cheque only if accompanied by a bank letter of guarantee (see sample here).

Personal checks will not be accepted.

Payment is due upon receipt of invoice.

All payments must be made by Cashier's Check, Wire Transfer or Company Check with Bank Letter of Guarantee.

Checks must be made payable to Hilco Industrial Sdn Bhd.

Payment is due upon receipt of invoice.

All payments must be made by Cashier's Check, Wire Transfer or Company Check with Bank Letter of Guarantee.

Checks must be made payable to Hilco Global Asia Pacific Pte Ltd.

Payment is due upon receipt of invoice.

All payments must be made by Cashier's Check, Wire Transfer or Company Check with Bank Letter of Guarantee.

Checks must be made payable to Hilco Global Asia Pacific Pte Ltd.

Payment information for sales in other regions will be provided on a sale-by-sale basis.