Online Bidding
Credit Limit
There are three ways to register for bidders previously unknown to NAGEL AUKTIONEN:
a) Registration by using a credit card:
In this case, the bidder authorizes NAGEL AUKTIONEN to reserve an amount indicated by the bidder on her credit card. The bidding is limited to this amount
(total invoice amount). NAGEL AUKTIONEN guarantees to charge the credit card for no other purposes than the invoice amount and will cancel the reserved amount from the bidder's credit card within two days after the auction. The bidder must be aware that her credit card limit is reduced accordingly and it might be necessary to contact the credit card company to make sure that the wished reserved amount is not higher than the credit card limit.
b) Registration with bank guarantee (bidding is limited to the amount of the guarantee)
c) Cash deposit (bidding is limited to the amount of the deposit)
In all cases you can use the Online Bidding Registration Form. For a registration with bank guarantee you will need the form Bank Guarantee in additionally.
The status of bidders exceeding their credit limit will be changed to 'guest' during the auction. Please make sure that your credit limit matches the invoice amount you intend to spend in this Auction.