Acceptable Forms of Payment for Purchases

Please read the TERMS & CONDITIONS OF AUCTION .

IRAY Auction accepts:

• Cash - US currency
• Money Orders or Cashiers Checks
• Checks under $1,000.00 without Guarantee Letter from Bank
• Checks WITH Guarantee Letter from Bank* . . . See below
• Wire Transfers
• Get approved on-the-spot financing by Falcon Leasing at our onsite auctions
• Credit Card (Visa & Mastercard)***

If you paid by Check, You must have a Guarantee Letter from your Bank for that Checking account in order for you to take the items you bought at the auction with you that day. The letter must be signed by a Bank officer and state the following:

Our bank, (name of bank) irrevocably will guarantee any checks written to IRAY Auction for purchase of items at the (Auction Date) auction by (you or your company name) from account number (fill in number) up to the total amount of $_________. Sincerely (Bank officer's name and title)

***A 5% convenience fee will be charged to all credit card purchases.

A $30.00 service fee will be added to all returned checks. Buyer agrees not to stop payment on any check paid to I.R.A.Y. Auction. Internet Bidders:Checks must be received within three (3) days, or subject to a fee of $10.00 per day.

Any payment that cannot be guaranteed must clear our Bank before the items purchased can be removed from the auction yard. This can take anywhere from 3-10 business days. We must have confirmation from our bank before item are released.

Purchaser will pay any and all applicable taxes and fees, unless exempted by law. Buyer agrees to indemnify I.R.A.Y. Auction against any claim if sales tax is not collected on Buyer’s purchases.