Registration
- 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.
Bid Deposits
- Domestic bidders: In most cases, you don't have to place a deposit if you are bidding in person.
- Foreign bidders: Unless you have made prior arrangements with Ritchie Bros., you must place a refundable deposit equaling 25% of the total expected purchases or US$10,000, whichever is higher.
- 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 | |
| Domestic bidder | X | X | X | X | X | |
| International bidder | X | X | X | X | ||
| Online bidder | X | X |
* Place your deposit by credit card at the auction site or using our Online Payment Service. A hold will be placed on your credit card. Find out more.
** Note: personal/company checks must be accompanied by an irrevocable letter of guarantee from the issuing bank.
Payment Terms
- All payments must be made in United States dollars.
- 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 selling for under US$10,000 must be paid for in full on auction day.
- Lots selling for US$10,000 or more must be paid for in full within seven (7) days, with a deposit of US$10,000 or 25% of the purchase price (whichever is greater) due on auction day.
- 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** | |
| Domestic bidder | X | X | X | X | X |
| International bidder | X | X | X | X*** | X*** |
| Online bidder | X | X |
* Pay by credit card at the auction site or using 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.
** Note: personal/company checks must be accompanied by an irrevocable letter of guarantee from the issuing bank.
*** Checks must be drawn on a U.S. bank. Canadians with U.S. dollar accounts may pay with U.S. dollar checks (currency must be printed by bank on check, not handwritten).
Wire Transfer Information – North Carolina auctions
For bid deposits:
Bank of America
100 W 33rd, New York, NY 10001
Credit To: Ritchie Bros Auctioneers (America) Inc
Routing: 026 009 593 / Swift: BOFAUS3N
Account: 002801502592
For payments:
Bank of America
503 Cross Creek Mall, Fayetteville, NC 28303
Credit to: Ritchie Bros Auctioneers (America) Inc
Routing: 026 009 593 / Swift BOFAUS3N
Account: 000681410653
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.