- Registration to bid is free of charge, whether you are bidding in person, online or by proxy. You may be required to pay a refundable bid deposit.
- Domestic and foreign bidders: Unless you have made prior arrangements with Ritchie Bros., you must place a refundable deposit equaling 25% of the total expected purchases, with a minimum deposit of US$25,000 or AED 100,000.
- Online bidders: Depending on your bidding history, you may be required to place a refundable 25% bid deposit when you register to bid.
Accepted Bid Deposit Methods
|Wire transfer||Credit card (Visa, MasterCard)*||Cash||Certified/ cashier's/ bank check||Personal/ company checks||Bank letter of guarantee|
- All payments must be made in United Arab Emirates Dirhams (AED) or United States dollars. Payments in U.S. dollars are subject to 0.35% UAE Central Bank charges.
- A 2.5% administrative fee will be charged on lots selling for more than US$2,500, up to a maximum of US$950 per lot
- A 10% administrative fee will be charged on lots selling for US$2,500 or less
- Lots must be paid in full within seven (7) days of the end of the auction.
- NOTE: Purchases cannot be removed from the auction site or collected until paid for in full. If paid for with non-certified funds, items will not be released until non-certified funds clear our bank. This policy will be strictly enforced.
Accepted Payment Methods
|Wire transfer||Credit card (Visa, MasterCard)*||Cash||Certified/ cashier's/ bank check||Personal/ company checks|
* Pay by credit card at the auction site or use our Online Payment Service. iClosing (an affiliate of our credit card services provider, Optimal Payments) will charge a 3% fee on all credit card payments. Use your Visa or MasterCard to pay for your auction purchases to a maximum of 10,000 in the currency of the auction (or 1,000,000 Japanese yen).
Standard Chartered Bank
Jebel Ali Branch
Dubai, United Arab Emirates
Credit to: Ritchie Bros. Auctioneers (ME) Limited
IBAN Acc.No. AE89 0440 0001 0170 7416 601 (US Dollars)
IBAN Acc.No. AE30 0440 0000 0170 7416 601(AE Dirhams)
BIC/Swift code: SCBLAEADXXX
Include your bidder number and auction location with your transfer.
Payments must be made in the currency of the auction (see above).
To place a bid deposit in your preferred currency, click here for a list of other wire transfer account options.