What is a unit?
All of our services are charged on a per unit basis. We define a unit as a case of wine, whatever the quantity of bottles it holds, such as 1×75, 6×75, 12×75.
Each unit is given a unique identity (UID), which can be tracked online.
What does the storage fee cover?
The storage fee covers the storage of wine within Liv-ex’s warehouses for the period of up to thirty days.
What is a handling fee?
The handling fee is charged every time a unit enters or leaves your account.
This fee covers the following services:
- Unit count on arrival to match the suppliers’ paperwork and your pre-advice
- Unit exterior description and condition check
- Notification of any exterior damage to stock via our website
- Application of UID label
What is the Instant Transfer system?
Instant Transfer allows you to transfer ownership of wine to another Liv-ex account instantly and electronically. The majority of the fine wine trade use Liv-ex and by extension have an account with us, meaning that many trades can be settled in this way.