Booking Fees («Buchungsspesen»)
Booking fees («Buchungsspesen») are administrative fees charged for late payments of your invoices. These fees are not applied to all transactions but are only added if an invoice is not paid by the due date.
How the fees are applied:
- Monthly invoice: Auction Club issues a monthly invoice for all your fees (like success commissions) in the first week of each month, with a specific due date.
- Late payment: If the invoice is not paid by the due date, you will receive a payment reminder.
- Booking fee applied: If the invoice is still not paid after the reminder, the booking fee will be added to the total amount to cover the administrative costs of processing the late payment.