All goods are to be cleared by prompt-day which is the 21st day
after the last selling day of an auction.
For goods not cleared by prompt-day, we will require a deposit of
minimum 25 per cent for all your purchases made from
The due date (prompt-day) for payment of the purchase price
shall be the 21st day after the last day of the auction and all
liabilities of the purchaser shall be fulfilled as of the close of
business on due date.
If Kopenhagen Fur has not received full payment by prompt day, a
25% deposit on outstanding goods must be paid by prompt day at the
latest. Otherwise, Kopenhagen Fur will collect a deposit surcharge
of 2% on the invoice amount (before commission). The customer's
account will be debited with the deposit surcharge as of the day
after prompt day.
If Kopenhagen Fur has not received full payment, or if a 25%
deposit on outstanding goods has not been paid, the skins will be
resold for the buyer's account and risk. In addition, the buyer
will also have to pay 25% deposit on expected purchase before the