Published: 22/02/2015
Pay for US vehicles and services at Copart Middle East offices, saving you time.
We have improved our payment solutions for you as a US member to make it easier, faster and more convenient to pay for your purchases! Copart Middle East offers Copart US members four different options for you - choose one that suits you !
Payment Option:
Make bank fund transfers to Copart Middle East bank account.
We do not accept cash payment at our yards or direct cash deposit into our bank account.
What is the benefit?
We will update your member account within same day or next business day, if we receive the funds after 4:00 pm local time to Middle East bank account. This will help you to get the payment made sooner, resulting in quicker collection of your vehicle and you will avoid late payment fees.
Copart Middle East also provides competitive currency exchange market rates against the US$, through negotiation with its local bankers.
Find more details about our payment options below:
Payment by International Bank transfer (fund transfer) (IBAN)
We can accept bank transfer payments (which usually take 3-4 working days to credit our bank from overseas). Please ensure your member number is used as the beneficiary reference for payment. Complete the Payment Form which MUST be e-mailed to meafinance@copart.com along with the proof of IBAN transfer.
U.S payment service charge in (AED)
Please note if you are a customer that purchases lots from Copart USA and pays to Copart UAE, you will be charged a fee as follows:
AED 60/- plus VAT AED 3/- Total of AED 63 when paying for 1-3 buyer accounts or lot numbers.
AED 150/- plus VAT AED 7.50 Total of AED 157.50 when paying for 4-7 buyer accounts or lot numbers.
AED 200/- plus VAT AED 10/- Total of AED 210/- when paying for 8-10 buyer accounts or lot numbers.
After 10 buyer accounts or lot numbers, each buyer in addition will be charged AED 30/- plus VAT AED 1.50 Total of AED 31.50.
U.S payment service charge in (USD)
USD 25-plus VAT USD 1.25/- Total USD 26.25 when paying for 1-3 accounts or lot numbers.
USD 50-plus VAT USD 2.5/- Total 52.50 when paying for 4 or more accounts or lot number.
Any correction or request to apply the fund to specific lot number after applying the initial email for payment, we will deduct same service charges applicable as mentioned above.
Kindly send the payment details before 4pm UAE time so we can apply the payment on the same day. If you send details after 4pm, note that it will be applied on next working day.
