Fee Changes
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- Fee Changes
Target buyers, engage and benefit from efficient market access
One standard Contract fee 3.5% for all (non-VINPay) bulk trades
Now when trading through VINEX suppliers pay one 3.5% fee for bulk (and 4.5% for Bottled) wines*. The fee is payable to VINEX within 30 days, invoiced quarterly in arrears as wine is dispatched. VINEX may also ask you to sign a Continuing Supply agreement when introduced to a new buyer.
The fee applies equally to all sellers. You can view fee details and payment terms here
Net Pricing When you offer your wines or submit an offer to supply on a buyer's requirement, enter your NET PRICE - the price you agree to receive. The offer page will then display the gross price (inclusive of our fee) with the Offered Price visible to you and the buyer.
VINEX Support is available to assist or answer any queries you have, message, email or call us.
Pricing to VINPay approved buyers
If you're wanting to only sell to VINPay approved buyers or you're submitting an offer on a VINPay approved buyer requirement then a reduced Contract trading fee applies. A combined Contract and VINPay fee will be applied to your net price when providing the buyer with either 60, 90 or 120 day payment terms. You will receive guaranteed payment, and an 80% advance paid on each invoice in 3 days of each wine dispatch.
More supplier information to VINPay your invoices is available here.
*Fees effective 1 July, 2022
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