Payment Info:Payment
Payment for all invoices is due immediately upon receipt.
For timed auction (“zCollections”) purchases: Zachys will auto-charge the credit card on file for the full invoice amount within 48 hours of the sale close.
For live auction purchases: Zachys will auto-charge the credit card on file within 48 hours of the sale close.
In respect of all other purchases, buyers are expected to pay for purchases or balances within 14 calendar days of purchase for live sales and 7 calendar days of purchase for internet sales. At the end of this 14 or 7 calendar-day period (as applicable), Zachys reserves the right to charge the Buyer's credit card on file for any amounts still due.
Zachys reserves the right to cancel the sale of invoices still unpaid on the 31st day after an auction.
For US auctions, payment is accepted in United States Dollars.
For Hong Kong auctions, payment is accepted in Hong Kong Dollars.
To request payment in another currency, contact Zachys at +1.914.448.3026 or +852.2530.1971. Zachys, in its sole discretion, shall determine the currency exchange rate.
Payment can be made by credit card or bank wire transfer. In the event of third-party payments, Zachys may require an Authorization Letter from both parties.
Payment by Credit Card
All charges are subject to acceptance by Zachys and the applicable credit card company. Zachys will accept Visa, MasterCard, American Express, Discover and Union Pay. Payment can be made via phone by calling +1.914.448.3026 or +852.2530.1971.
Payments made by credit card will incur a 2% use charge.
When making payment via UnionPay, winning bidder must sign the auction invoice and acknowledge that possession of the wine has transferred from Zachys at time of payment. Signature must be same as the one signed on payslip.
Payment by Wire Transfer
For US Auctions:
Zachys Wine Auctions Inc.
Bank: Hapoalim B.M. New York
1120 Avenue of Americas
New York, NY 10036
Account #: 01091461-01
ABA #: 026008866
SWIFT: POALUS33
In the event a charge is not accepted by the appropriate financial institution, Buyer remains liable for all amounts owed on date due.