Does the deposit have to be exactly 10%

Your collector is required to pay a minimum 10% deposit, payment 1, for all purchases except e-commerce.

For Art Money Interest Free purchases, a higher deposit can be paid will reduce your collectors monthly repayments, and your commission to Art Money.

For Buyer’s Premium purchases, a higher deposit will reduced your collector’s flat monthly fee.

For e-commerce purchases the deposit is fixed at 10%.