FINANCIAL INTELLIGENCE CENTRE ACT (FICA)

Submitted by Aucor on Thu, 2017-06-15 13:40
Auction House

South African Law stipulates that any purchaser coming to an auction and buying goods is required to produce certain documents as laid down by the FICA regulations and the National Credit Act. As such the team at Aucor require that you have all your documentation on hand before we can process your deposit at any auction and issue you with a bidder’s card. We also may not release any goods to any buyer that has not been able to comply with the FICA requirements.Β 

There are different requirements depending on whether you are a Private Buyer, Sole Proprietor, CC, Pty Ltd Company or a Trust and therefore we have compiled an easy to read document which is available on our website by clicking on the FICA requirements link on our home page at www.aucor.comΒ 

Should you require assistance or more information, we respectfully ask that you call our offices at +27 11 237 4444 and one of our consultants will be able to assist you.Β 

We thank you for your understanding and look forward to welcoming you to our next auction event.Β 

Happy bidding!Β 

CHRIS VAN RENSBURG GROUP CHIEF OPERATING OFFICER