Payment Information

Please note that payment is due immediately and must be made by the invoiced party.

  • Payment By Credit/Debit Cards

    Phillips Fine Watches Ltd accepts the following credit cards with processing charges: Visa/MasterCard with 1.75% charge, Maestro International with 1.4% charge, CUP with 2.11% charge and American Express with 3.75% charge.

  • PAYMENT BY BANK Transfer

    Payment in Swiss Francs may be sent by wire transfer directly to:

    Credit Suisse AG, Rue de Lausanne 11-19, 1211 Genève, Switzerland
    For the account of Phillips Fine Watches Limited
    Account no.0251-1599383-91
    IBAN: CH79 0483 5159 9383 9100 0
    SWIFT: CRESCHZZ80A

    Please reference the relevant invoice number.

    Please note the following when making payment:

    • Payment by the invoiced party is due immediately following the Sale. According to our Conditions of Sale, interest at the rate of 12% per annum will be charged on late payment.
    • Title to each lot shall not pass until the buyer has made full payment of the Purchase Price and all applicable taxes..
    • Phillips Auctioneers reserves the right to pay from our compensation hereunder an introductory commission to one or more third parties for assisting us in the sale of any lots referenced overleaf.

VALUE Added TAX and OTHER TAXES

On each lot, the buyer shall pay applicable Value Added Tax on the buyer’s premium and, on the hammer price at the appropriate rate, together with all other applicable sales, use, excise and other taxes.

Collection

For assistance in arranging for collection and shipment of purchased lots, please contact watches@phillips.com or telephone +41 22 317 8181.

Enquiries

Should you have any questions about this invoice or the arrangements above, please contact the Client Accounting Department on +44 20 7318 4010 or fax +44 20 7318 4031 or at clientaccountslondon@phillips.com.