If your goods are sold through LANGTONS, payment will be made to your nominated bank account once the relevant settlement conditions have been met.
Auction sales
For auction sales, payment is generally made within 7 business days of the auction close, provided LANGTONS has received cleared funds from the buyer.
Wine Store sales
For Wine Store sales, payment is generally made within 30 calendar days of the sale date.
How payment is calculated
For auction sales, sellers are generally paid:
- the hammer price
- less seller commission
For Wine Store sales, sellers are generally paid in accordance with the applicable store pricing and commission arrangements.
To avoid delays
Please ensure your nominated bank details are accurate and current.
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Need assistance?
From buying and selling to delivery, storage and account support, our team is here to assist.
For personalised guidance, please contact your Private Client Manager or submit an enquiry via our Customer Experience and Auction contact form.
If you would prefer to speak with us, please call 1300 946 347 and follow the prompts so we can direct your enquiry to the appropriate team.