Payment and delivery

Please note, information about Auction Fee, Storage Charge, Shipping Fee and Currencies is located below.

 

Please note:
Danish customers must make the payments to the Acct. no.
Foreign customers to the IBAN no.

Payments are to be made to:

NORDEA BANK DANMARK A/S
Trade Finance
P.O. Box 850
DK-0900 Copenhagen C
SWIFT code: NDEADKKK

DKK IBAN no.: DK1420000751141270
DKK Acct. no.: 2100-0751141270

USD IBAN no.: DK6420005005556005
USD Acct. no.: 2100-5005556005

EUR IBAN no.: DK7320005005859841
EUR Acct. no.: 2100-5005859841

 

CNY payments are to be made to:

 

Nordea Bank AB
Singapore Branch                              
CNY Acct. no.  5045022801
138 Market Street #09-01,
Capital Green, Singapore 048946
SWIFT code: NDEASGSG

 

Correspondent bank:
Bank of China Hong Kong
SWIFT: BKCHHKHH

 

For further information please contact the Customer Department.

Kopenhagen Fur mink skins with labels

PLEASE NOTE:
When instructing your bank to make a SWIFT-transfer in our favour, please use SWIFT form no. 'M.T. 100', and please ask your bank to use exactly the following wording in the field 59, 'Beneficiary Customer' of the SWIFT message:
 
In line 1:                      (account number of beneficiary)
In line 2:                              (name of beneficiary)
In line 3:                             (address of beneficiary)
In line 4:                             (address of beneficiary)
In line 5:                             (address of beneficiary)

 

NORDEA'S corresponding banks in particular areas:

Greece: National Bank of Greece, Athens SWIFT code ETHNGRAA

China
: Bank of China, Beijing SWIFT code BKCHCNBJS00 

 
Korea
: Shinan Bank, Seoul SWIFT code SHBKKRSE


Japan: Bank of Tokyo Mitsubishi, Tokyo SWIFT code BOTKJPJT

 The auction company does not accept private cheques. Please note that when paying by cheques, goods will not be released until the cheque is honoured by our bank, and that takes up to 8 weeks. 


Terms for payment by documentary credit
1) D/C must be opened irrevocably by SWIFT payable at sight to the banks specified below.

D/C must allow T/T reimbursement.

D/C must be confirmed (by the bank specified below).
2) All banking charges must be for account of applicant.

3) Terms of delivery: Ex warehouse Copenhagen, Denmark.

4) Transshipment and partial shipments must be allowed.

5) Period of presentation: Minimum 10 days.

6) It must be a condition under the D/C that interest from prompt-day until value date of payment to the auction house may be drawn in excess of the D/C amount.

7) Shipment by air freight: Copy of house airway bill required
Shipment by truck: Copy of forwarding agent's certificate of receipt required

8) Bank required:

Nordea Bank Danmark A/S
Trade Finance
P.O. Box 850
DK-0900  Copenhagen C
SWIFT: NDEADKKK
  
Please state invoice number(s) in the D/C terms.

D/Cs must be opened according to Uniform Customs and Practice UCP 600.

 

 

 

Auction fee 2019

 

Skin Type

Base Fee

 

 

(pct of

hammer price)

IFF

Marketing Fee

 

(pct of

hammer price)

IFF

Extra funding

in June and

Sept. 2019

per skin (DKK)

Flat Fee

 

 

 

per skin (DKK)

Handling Fee

 

 

 

per skin (DKK)

WelFur Fee

 

 

 

per skin (DKK)

 

Mink

Finnraccoon

6.75%

0.2%

1.12

──

0.52

0.75

 

Fox

5.75%

0.2%

1.12

22.00

2.50

0.75

 

Swakara, Karakul,

Greenlandic Seal

8.00 %

0.2%

 

──

0.52

 

 

Chinchilla

Other Skins

6.75%

0.2%

 

──

0.52

 

 

American Mink

Exchange

6.75%

0.2%

1.12

──

2.25

0.75

The storage charges are:

Glostrup:

For 2019, Kopenhagen Fur does not collect any storage charge for skins bought and taken delivery of in 2019.

Otherwise, the standard storage charges apply:

Daily Storage Fee After Promt Day

Price per skin (DKK)

Day 1 - 14

Free

Day 15 - 104

0.02

Day 104 onward

0.05

 

Regional Warehouses:

Daily Storage Fee After Prompt Day

Price per skin (DKK)

Day 1 - 90

Free

Day 91 - 180

0.02

Day 180 onward

0.05

 

Shipping Fee

Documents

Rate

Per

Export Customs Clearance (Outside EU)

DKK    150,00

MRN

Certificate like COO, ATR or EUR1 (where applicable)

DKK    450,00

Certificate

Health Certificate (where applicable)

DKK 1.350,00

Certificate

 

Handling & Packing Fee

Rate

Per

Order Handling

DKK 250,00

Shipment reference

Handling Cost

DKK     0,18

Skin

 

Currencies

During auctions, the informative middle rates in USD and EUR are available in the service counters every morning.

 The informative middle rates are also available on our bank's website, www.nordea.dk daily.

 If you need a currency convertion you may use a currency calculator - you can find one on:

http://www.x-rates.com/calculator

Extra funding to IFF at the June and September auctions 2019

Kopenhagen Fur is a strong supporter of joint trade efforts and initiatives coordinated by IFF.
To support this work, Kopenhagen Fur will collect 1.12 DKK (0.15 EUR)
per skin (mink, fox and Finnraccoon) sold at the June and September auctions 2019.
This fee will be charged with the auction fee.

Please refer to Kopenhagen Fur's Conditions of Sale.