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Autopay agreement

Autopay is for UK users only, who use our USD/EUR exchange service and request repayment by BACS

There is a one off fee of £3.50 per bank account mandate we set up. This one off fee is now charged to us by our bank to set your mandate up. The amount of £3.50 will be deducted from your first Autopay exchange. We then submit your account information to the bank to set up a mandate, this takes approx 4 days, so there will be a slight delay in your first Autopay transaction. No further deductions will be made from future Autopay exchanges. Non Autopay transactions carry a fee of 95pence per batch sent to us


To enable National Westminter Bank Autopay Service facility, you need to submit your bank account information to us in the personal information section in your auctionchex profile. We in turn submit this information to National Westminster Bank to add you as a 'beneficiary' to our master account. This process takes a few days, but once set up, payments can be made 'on-line' direct to your account via the National Westminster Bank Autopay Service, quickly and securely

On receipt of your USD/Euro money orders, cheques or cash, the calculated amount due to you, will be added to your mandate for inclusion in our weekly payments upload to National Westminster Bank, we will also email you a transaction statement.

At present we intend to do only one 'payments upload' a week, on Fridays before 4.00pm.
This ensures that your money is in your nominated account on the following Tuesday

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