Ritchie Bros. Auctioneers logo
FinancingLocations

New Zealand: Bid Deposit and Payment Information

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 NZD$10,000, whichever is higher.

  • Online bidders: Depending on your bidding history, you may be required to place a refundable bid deposit when you register to bid.

Bid Deposit Methods

 

Wire transfer

Credit card (Visa, MasterCard)*

Certified/ cashier's/ bank check

Domestic bidder

 

International bidder

 

Online bidder

 

* Place a bid deposit by credit card or view wire transfer bid deposit information.

Payment Terms

  • All payments must be made in New Zealand dollars.

  • Each purchased Lot will be subject to a transaction fee of: 7.5% of the Lot selling price, with a minimum fee of 100 (local currency) per Lot.

  • 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.

Payment Terms

 

Wire transfer

Credit card (Visa, MasterCard)*

Certified/ cashier's/ bank check

Domestic bidder

 

International bidder

 

Online bidder

 

 

View wire transfer payment information.


  • About Ritchie Bros.
  • Corporate governance
  • Investors
  • Careers
  • Blog

Privacy Statement
Legal Policies
Do not sell my personal information
© 1999-2024 Ritchie Bros. Auctioneers, Inc. All rights reserved. Various trademarks held by their respective owners