Ritchie Bros. Auctioneers Online Payment Service

Use Visa or Mastercard to make a payment or to place a bid deposit for bidding on the Internet.

Optimal Payments

Ritchie Bros. has selected Optimal Payments Corp as the service provider for online payments. Optimal Payments has created and maintains a safe and secure site to handle these transactions. Ritchie Bros. does not receive or store any credit card information.

iClosing, an affiliate of Optimal Payments, has been selected as the Service Provider for escrow services, providing a guarantee to Ritchie Bros. of your payment transaction.

Place a Bid Deposit

  • Please note: online bid deposits should be made no earlier than three (3) days prior to an auction.
  • Use your Visa or Mastercard to satisfy your deposit requirement if you have registered at rbauction Bid-Live for an auction taking placein the United States, Canada, selected European countries and Australia.
  • PLEASE NOTE that a bid deposit authorization or hold does not result in a charge to your credit card but does use up a portion of your credit limit. No Service Provider Fee is charged for simply placing a deposit.
  • If you are a successful bidder you are required to make a minimum payment of $10,000 or 25% of your purchases on the day of the auction and the balance in 7 days. If Ritchie Bros. Auctioneers has not received this payment within 48 hours of the completion of the auction, the credit card authorization/hold will be converted into a credit card payment.
  • Please note that if a payment is processed on your credit card an iClosing Service Fee of 3% of the payment amount will be added.
  • All purchases made at a Ritchie Bros. auction are on an "as is, where is" basis. According to the terms of bidding agreed to by all Bidders, all sales are final and no sale shall be invalidated. There are no returns or refunds and credit payments cannot be reversed.

Place a Bid Deposit