VOID AUCTION - DO NOT MOVE OUT OF DRAFT MODE

by Panabid Auction Valuation and Services

Ended May 30, 2025 12:01pm COT (6:01pm BST) Timed Online Auction

Important Information


GENERAL INFORMATION:
TAKE NOTE THAT A BIDDER'S ACCOUNT HAS TO BE CREATED, AND THEN AFTERWARDS YOU SHOULD OPT IN TO REGISTER FOR THE AUCTION AS WELL
REGISTRATIONS ARE OPEN EVEN IF AUCTION IS ONGOING
LOT IS LOCATED IN CIARO, EGYPT
LOT TO BE SOLD SUBJECT TO CONFIRMATION TO HIGHEST BIDDER

DOCUMENTS:
CLICK HERE TO DOWNLOAD THE REGISTRATION FORM FOR THIS AUCTION (IT CAN BE FILLED OUT ELECTRONICALLY OR PHYSICALLY)
CLICK HERE TO DOWNLOAD THE AUCTION CATALOGUE FOR THIS AUCTION
CLICK HERE TO DOWNLOAD/VIEW THE BANKING DETAILS FOR PAYMENTS

WHATSAPP LINE
INTERNATIONAL: (+507) 6889 8047

PAYMENTS
ACCEPTED CURRENCY: USD

BUYER'S PREMIUM
15% BUYER'S PREMIUM CHARGED

SALES TAX AND OTHER EXPENSES
TAKE NOTE THAT VALUE ADDED TAX (SALES TAX) IS CHARGED ON THE 15% BUYER'S PREMIUM AND ON THE PURCHASE PRICE OF AN ASSET
14% VALUE ADDED TAX (SALES TAX) ON SOLD PRICE (PURCHASE PRICE)
14% VALUE ADDED TAX (SALES TAX) ON 15% BUYER'S PREMIUM
TAKE NOTE THAT THE 14% VALUE ADDED TAX (SALES TAX) CAN BE CLAIMED BACK IF LOT IS EXPORTED OUT OF EGYPT

VIEWING INSTRUCTIONS
VIEWINGS AND INSPECTIONS BY APPOINTMENT ONLY

VIEWING CONTACT INFORMATION
INTERNATIONAL - (+507) 6889 8047
EMAIL - auctions@panabid.com

ASSET COLLECTION
ASSISTANCE WILL BE PROVIDED WITH ASSET LOADING AND EXPORTING (IF APPLICABLE)

INVOICING AND PAYMENTS
ALL INVOICING WILL BE DONE ON CONFIRMATION OF ASSETS
INVOICES WILL BE SENT VIA EMAIL TO SUCCESSFUL BUYERS
ALL PAYMENTS CAN ONLY BE MADE VIA WIRED/ELECTRONIC BANK TRANSFERS

RELEASE OF ASSETS
ASSETS WILL ONLY BE RELEASED TO BUYERS ONCE FULL PAYMENT FOR ASSETS HAVE BEEN MADE AND CONFRIMED TO HAVE REFLECTED IN THE NOMINATED BANK ACCOUNT WHERE PAYMENTS MUST BE MADE TO

Terms and Conditions

LOT IS LOCATED IN CIARO, EGYPT
LOT TO BE SOLD SUBJECT TO CONFIRMATION TO HIGHEST BIDDER

WHATSAPP LINE
INTERNATIONAL: (+507) 6889 8047

PAYMENTS
ACCEPTED CURRENCY: USD

BUYER'S PREMIUM
15% BUYER'S PREMIUM CHARGED

SALES TAX AND OTHER EXPENSES
TAKE NOTE THAT VALUE ADDED TAX (SALES TAX) IS CHARGED ON THE 15% BUYER'S PREMIUM AND ON THE PURCHASE PRICE OF AN ASSET
14% VALUE ADDED TAX (SALES TAX) ON SOLD PRICE (PURCHASE PRICE)
14% VALUE ADDED TAX (SALES TAX) ON 15% BUYER'S PREMIUM
TAKE NOTE THAT THE 14% VALUE ADDED TAX (SALES TAX) CAN BE CLAIMED BACK IF LOT IS EXPORTED OUT OF EGYPT

VIEWING INSTRUCTIONS
VIEWINGS AND INSPECTIONS BY APPOINTMENT ONLY

VIEWING CONTACT INFORMATION
INTERNATIONAL - (+507) 6889 8047
EMAIL - auctions@panabid.com

ASSET COLLECTION
ASSISTANCE WILL BE PROVIDED WITH ASSET LOADING AND EXPORTING (IF APPLICABLE)

INVOICING AND PAYMENTS
ALL INVOICING WILL BE DONE ON CONFIRMATION OF ASSETS
INVOICES WILL BE SENT VIA EMAIL TO SUCCESSFUL BUYERS
ALL PAYMENTS CAN ONLY BE MADE VIA WIRED/ELECTRONIC BANK TRANSFERS

RELEASE OF ASSETS
ASSETS WILL ONLY BE RELEASED TO BUYERS ONCE FULL PAYMENT FOR ASSETS HAVE BEEN MADE AND CONFRIMED TO HAVE REFLECTED IN THE NOMINATED BANK ACCOUNT WHERE PAYMENTS MUST BE MADE TO