Payment Notice

PAYMENT
Please note that payment is due immediately and must be made by the invoiced party. For all payments, please reference the relevant invoice number.

PAYMENT BY BANK TRANSFER
Payment for a lot purchased from us in an Artwide Auction or Artwide Private Sale must be made in the currency stated on the invoice via wire transfer directly to:

HSBC (The Hongkong & Shanghai Banking Corporation Limited)
Unit 803-806, 8/F, Low Block, Grand Millennium Plaza
181 Queen’s Road Central, Hong Kong
Account: 652-243734-838
SWIFT: HSBCHKHHHKH
Beneficiary: ARTWIDE INTERNATIONAL HK LTD

PAYMENT BY CRYPTOCURRENCY
In certain cases, payment for a lot purchased from us in an Artwide Auction or Artwide Private Sales may be made using cryptocurrency, fiat currency, or a combination of both. We may agree to accept full or partial payment for a lot’s Hammer Price, the Buyer’s Premium, and any additional costs in this manner. Payment in this way must be agreed upon prior to purchasing the lot and confirmed in writing.

For information on accepted cryptocurrencies, click here.

For a step-by-step guide on how to pay a cryptocurrency invoice, click here.

PAYMENT BY CREDIT/DEBIT CARDS
Artwide International H.K. Limited does not accept Visa, MasterCard, American Express, Discover, or any other credit or debit card payments for a lot purchased from us in an Artwide Auction or Artwide Private Sales.

Please note the following when making payment:

Payment by the invoiced party is due immediately following the Sale. According to our Conditions of Sale, interest at the rate of 15% per annum will be charged on late payment.
Title to each lot will not pass until the buyer has met all bidder identification and registration procedures and we have received full, clear and undisputed payment of all amounts due to us including the full Purchase Price plus any applicable resale royalty and all applicable taxes, even in circumstances where we have released the Lot to you.
Artwide International H.K. Limited reserves the right to pay from our compensation hereunder an introductory commission to one or more third parties for assisting us in the sale of any lots.

VALUE ADDED TAX AND OTHER TAXES
On each lot, the buyer shall pay applicable Value Added Tax on the buyer’s premium at the appropriate rate and, in certain circumstances, on the hammer price at the appropriate rate, together with all other applicable sales, use, excise and other taxes.

COLLECTION, SHIPPING & STORAGE
For assistance in arranging the collection, shipping or storage of purchased lots, you can contact us here or email us at support@artwide.com. Please note that after 30 days from the sale date, each lot will incur a £20 per day charge for storage, administrative expenses and liability for loss or damage. Additional charges may apply.

ENQUIRIES
If you have any questions about your invoice or any of the above, please don’t hesitate to contact us here or via email at support@artwide.com.