Fees


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1. FEES AND CHARGES

1.1. General

Registration and participation as a regular member of Collectio.bid is free of charge. In the next phase of our site’s development (starting in 2017), certain functions will only be available to our premium members, who will be purchasing those services with an annual fee.

There is no charge or fee by Collectio.bid to you as a buyer of an item or service offered by a seller.

As a seller, for the insertion of items or services for auction or immediate sale, you will be charged with the fees and charges as follow below.

In the case you are a professional, you will receive an invoice via email.

Note: Lower fees may be valid according to possible temporary/ promotional offers on the part of our site.

1.2. Users (members) who manage their own items

1.2.1. Fixed insertion fee

The fixed fee is 0.10 euro per insertion (“auction” or immediate “buy now”), regardless of the quantity marked as available (in the case of immediate “buy now”)

1.2.2. Final Price/Offer Percentage Fee

In case of the successful completion of an auction offering or immediate sale, you, the seller will be charged by collectio.bid a fee for each successful sale.

The successful sale fee is ten percent (10%) of the final price/offer , excluding the shipping costs associated with the sale and requested by the seller from the buyer.

1.3. Users (members) whose items are managed by collectio.bid

1.3.1. Fixed insertion fee

The fixed fee is three (3) euros per insertion (either for an “auction” or “buy now” item), regardless of the quantity marked as available (in the case of “buy now”). Included are collection.bid’s description, scanning/photographing, storing, shipping, possible communications with interested purchasers, etc. and all such matters regarding your offered item. , the fixed fee is 0,10 Euros.When an item is relister, the fixed fee is 0,10 Euros.

1.3.2. Final Price/Offer Percentage Fee

In case of the successful completion of an auction offering or immediate sale, you, the owner-seller, will be charged a fee by collectio.bid for each successful sale.

The successful sale fee of items managed by collectio.bid is thirty percent (30%) of the final price/offer, excluding the shipping costs associated with the sale and requested by collectio.bid from the buyer.

2. RETURN OF FEES/CHARGES

2.1. Basic rules and terms

Insertion Fees are not refundable. If an offering is inserted by mistake and/or an offering is deleted by the seller on his/her own accord, insertion fees are still due and not refundable.

2.2. Refunds (full or partial) of final price/offer successful sales percentage fees

The charges associated with a successful sale may be refunded only after a request by the seller when the buyer does not pay for the purchase and only when the seller has fulfilled all of his/her responsibilities. In the case where the buyer is not paying because the seller is in the wrong (incorrect description, faulty item, etc.), the final price/offer percentage fees are not refundable.

In any case, the seller’s request for a refund of an item’s final price/offer percentage fees must be filed with us at the latest within two (2) months from the completion of the sale, at support@collectio.bid.

In this way, the transaction is voided and the final price/offer sales percentage fee charged to you by collectio.bid is deleted from your account. Transactions over two months old will not be considered and the seller may not make any refund demands on the specific transaction final sale price/offer percentage fees.

If the request for a final sale price/offer percentage fee refund is approved, the fee of that successful sale will be credited by collectio.bid to the seller’s account. The seller has no right to request payment in cash, or direct bank deposit, unless the seller ceases being a user/member of collectio.bid.

3. TERMS OF PAYMENT/INVOICING

3.1. Time-frame of Invoicing

Charges and/or possible credits will be immediately sent with your payment, via email.

3.2. Time Limits for Payment

When your account balance is a debit, the sum due must be paid off immediately.

In case of non-payment of an outstanding debt, your membership account is automatically suspended (you cannot offer any new items for auction or sale and the items already on sale cannot be visible in the search results).

3.3. Means of Payment

Payments to collectio.bid may be completed immediately, the moment you want to credit your account, via the following means: