Payment Processing

After the sale, Online buyers are emailed their invoices and can pay through wire transfer or by a bank-guaranteed check or money order delivered next-day to our main office. Taxes and buyer's premiums (a service fee paid to CIA LLC) are adjusted based on the buyer's tax class and payment methodology. Once invoices are paid in full, buyers can remove their equipment themselves or can contract with a packing, rigging, or shipping company.

Payment Terms and Conditions

Payment in full is due within 24 hours after the final sale day. Acceptable forms of payment are cash, wire transfer, certified checks, and company checks with a bank letter of guarantee. We do not accept personal checks or credit cards.

All payments must be made in US funds.

Purchasers without United States bank accounts are required to pay in U.S. funds via wire transfer directly from their bank. Some equipment may require modifications to meet import and safety regulations. Please contact your customs broker for further information regarding your customs requirements.

CIA LLC accepts different payment methods for each auction; Please read the terms and conditions for each auction you participate in. You are required to accept the terms for each auction before you can bid.

3 Types of payment options for an auction include:

1. No credit cards accepted auction: Payments are due within 48 hours after auction’s end via: Cash, corporate check with bank guarantee or wired into CIA LLC account.

2. Credit Card only internet auction. You must register with a credit card that will be authorized for $100.00 BEFORE you are allowed to bid. After the auction ends, your card is charged for the amount of your bid(s) PLUS buyer’s premium and state sates tax. Your paid invoice is sent to you via email and you must present this invoice to pick up your items won at auction.

3. Credit card register auction where you may pay your for winning bids via cash, wire transfer, corporate check with Bank guarantee letter or credit card swiped on site before you can pick up your items.

Wire Transfers

For a printable-form you can send or bring to your bank, please click here.

When sending payment by wire transfer, please include your buyer name, buyer number and auction name.

Please call 1-617-749-4049 for our current bank details and wire instructions.

Company Checks with Bank Letter of Guarantee

When presenting a company check for payment it must be accompanied by an acceptable bank letter of guarantee see sample below.

Download Example