How does the payment process work?
All payments are due within 2 business days of the close of the auction and must be made by wire transfer. If you are unfamiliar with sending a wire, you can easily do it from your bank (for a small fee that varies by bank). Many banks allow you to send wire transfers via their websites. Ask your bank for details. Wire instructions are included on all marketplaces and auction pages.
Wire payment is the only form of payment accepted, as it is both instant and secure. This is the standard practice in the sale of liquidation lots. We do not accept credit cards, personal checks or Western Union for payment under any circumstance. Refer to your Bid Won emails for specific payment instructions.
B-Stock collects payment on behalf of sellers on most of our marketplaces, and sellers are notified when an order has been paid for.
Please note that on the B-Stock Supply marketplace a buyer’s premium will be added to your final bid price. This is a standard auctioneering fee that helps cover the cost associated with sourcing products, marketing auctions, running the marketplace and managing services such as payment collection and listing processing. Our standard buyer’s premium is 10% of the final bid price. Please keep in mind that this amount will be added to the final winning bid to arrive at the final amount due.