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DVLA Personalised Registrations Timed Auction ... - DVLA Auctions

DVLA Personalised Registrations Timed Auction ... - DVLA Auctions

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Issue 2 2013 I <strong>DVLA</strong> <strong>Timed</strong> <strong>Auction</strong> of <strong>Personalised</strong> <strong>Registrations</strong><br />

How to Pay<br />

When Do i Pay?<br />

If you are successful at the <strong>Timed</strong> <strong>Auction</strong>, full payment will be required including all the extras for Buyer’s<br />

Premium, VAT and the Assignment Fee. At the end of the sale a 10% deposit will automatically be taken from<br />

your nominated debit or credit card. If you have bid online you will be sent an invoice by email showing the<br />

outstanding balance. If you have bid by post or by fax you will be notified by post. Payment of the<br />

outstanding balance must be made in full within 5 working days from the close of the auction. If full payment<br />

is not received within the 5 days, your nominated credit or debit card will automatically be charged.<br />

How Can i Pay?<br />

Payment can be made by any of the methods listed below.<br />

Any payments from overseas bank accounts should be made electronically into the Lloyds TSB bank<br />

(details below) or by bankers draft drawn in sterling from a UK bank.<br />

PLEASE nOTE THAT PAYMEnT BY CASH iS nOT ACCEPTED.<br />

Secure on-line Payment<br />

Pay on-line by visiting www.dvlaauction.co.uk/payment using your debit/credit card. Please note that if<br />

payment is made by credit card, there is a handling fee of 3% of the total amount to recover the costs levied<br />

by the bank. If you would prefer to use the telephone to pay by card please call 0300 123 3500 quoting your<br />

customer or lot number.<br />

Electronic Funds Transfer<br />

Funds can be transferred directly into the SMA Vehicle Remarketing <strong>DVLA</strong> Client Account<br />

as below. Please include the registration number(s) and lot number(s) as reference.<br />

Bank: Lloyds TSB Account No: 02545822 Branch: Leeds Sort Code: 30-00-05<br />

internet Banking<br />

You can transfer funds online direct from your account into the SMA Vehicle Remarketing <strong>DVLA</strong> Client<br />

Account (details above). In order that we can allocate your payment, you must give the lot number and<br />

registration number as a reference.<br />

Cheque<br />

Payments be cheque con only be made within 5 working days of the auction. Cheques should be made<br />

payable to “SMA Vehicle Remarketing <strong>DVLA</strong> Client Account” and posted to us. Please write the registration<br />

number(s) and lot number(s) on the reverse of the cheque. Please note that for clearance purposes cheque<br />

payments from foreign bank accounts are not acceptable. We allow 10 working days for cheques to clear so<br />

you will not receive documentation for up to 20 working days.<br />

Bank Giro Credit<br />

You can deposit cash directly into our account (details above), but you MUST produce a photocopy of your<br />

paying in slip with the lot number(s) and registration number(s) on the reverse, otherwise we will not be able<br />

to check receipt of your funds.<br />

Payment by Euro<br />

The auction will be conducted in pounds sterling but payment by Euros will also be acceptable providing you<br />

possess a Euro cheque book. Cheques in Euros drawn on a Euro bank account will only be accepted and a<br />

charge of 0.25% will apply.<br />

What Happens next?<br />

Within 10 working days of cleared funds being received, the <strong>DVLA</strong> will send you a Certificate of Entitlement<br />

(V750). This will enable you to assign the registration number to a vehicle registered in your name or in that<br />

of the nominee. If you buy more than one registration, Certificates of Entitlement will not be issued until<br />

payment has been received in full for all registrations.<br />

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