Credit Card, continued: Debit cards no charge; Credit Cards:-
Visa and Mastercard +2%
Commercial cards +2.5%
Delivery of the Lot: When the auction has been concluded and payment has been made in accordance with clause 19 hereof, AIA shall liaise with the Buyer and the Seller to organise delivery of the Lot to the Buyer.
The Buyer shall be responsible for the packing, handling and transport costs of the delivery of the Lot to the Buyer.
It is the Buyer's sole responsibility to obtain any necessary export, import, or other permit for the Lot and to complete any required export or import documentation. AIA makes no representations on these matters.
Payment, Buyers Premium & VAT: Within 10 days of AIA emailing or otherwise sending an invoice to the Buyer, the Buyer shall pay to AIA in pounds sterling:
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a. the Sale Price; and
b. the Buyer's Premium due to AIA which is calculated at 12% of the Sale Price plus any applicable VAT; and
c. if the Artist's Resale Right Regulations 2006 apply to the Lot, the Buyer also agrees to pay an amount equal to the resale royalty provided for in those Regulations.
d. Payment s may be made by Bank transfer, personal cheque's (which must be cleared before goods are released) Debit cards - no charge, Credit Cards Visa and Mastercard +2%, Commercial cards +2.5%, Wire Transfers.