Introduction: By using Hammer Bid Mart’s official business platform (website or application), you agree to comply with these terms & conditions. By accepting you agree to abide these Terms and Conditions and future modifications if any. We reserve the right to update or amend these Terms and Conditions without prior notice. You are responsible for reviewing these Terms periodically. You must be a natural person with sound mind and above the legal age before using this online platform. By using the website or application, you confirm that you have the legal capacity to enter into these Terms.

Account Registration: To participate in auctions, buying or selling, you may be required to create an account. You agree to provide accurate, complete and updated information while You are responsible for maintaining the confidentiality of your account and password and for all activities that occur under your account.

Data Privacy: User data on Hammer Bid Mart will not be shared with third parties except as permissible by local and international laws of the governing authorities.

User Obligations: Users must not engage in illegal or fraudulent activities through this online platform in auctions, buying or selling.

Permissible items: All commodities and services which are permissible for trading purpose under the local and international laws are legal for trading on this platform except living organisms, drugs, perishable items, weapons, arms & ammunition, adult products, sensual materials for the purpose of business.

Regulatory bodies: This online business platform in addition to the local authorities is subject to, but not limited to the regulations of the following international agencies:

    • Financial Action Task Force (FATF).
    • European Union directives on AML.
    • Financial Crimes Enforcement Network, USA (FinCEN).
    • United Nations Commission on International Trade Law (UNCITRAL).
    • Convention on Contracts for the International Sale of Goods (CISG).
    • United Nations Conference on Trade and Development (UNCTAD).
    • World Trade Organization (WTO).
    • International Monetary Fund (IMF).
    • World Bank Group (WBG).
    • International Centre for Settlement of Investment Disputes (ICSID).
    • International Chamber of Commerce (ICC).
    • London Court of International Arbitration (LCIA).
    • Singapore International Arbitration Centre (SIAC).
    • Hong Kong International Arbitration Centre (HKIAC).

 

Intellectual Property: All content on the Website, including text, graphics, logos, images, and software, is the property of Hammer Bid Mart or its licensors and is protected by copyright and other intellectual property laws. You agree not to use, reproduce, or distribute any content without permission.

Shipping and Delivery: The seller is responsible for shipping the items to the purchaser at his own cost or otherwise agreed by the purchaser. The time and cost of the delivery may vary. Any disputes regarding delivery, product and services must be addressed directly to the Hammer Bid Mart for initial arbitration. The payment to the seller will be made by the Hammer Bid Mart on delivery of the product to the purchaser at cost of the seller.

Medium of transaction: Payments will be accepted only through recognized banking channels, including bank transfers, credit/debit cards and online payment gateways, subject to verification and compliance with relevant regulations.

Payments & Refunds: Returns and refunds are handled on case-to-case basis and each seller may have their own policy. We recommend the purchaser for reviewing the seller’s return and refund policy before placing any order.

Termination of Account: The company reserves the right to suspend or restoration of any account including withholding payments if any on violating these terms and conditions.

Limitation of Liability: Hammer Bid Mart will not be liable for any indirect, incidental, special, or consequential damages, including loss of profits, arising from use of this online platform or participation in business (auctions, buying or selling) by the account holder.

Contact Us: If you have any questions or concerns about these Terms and Conditions, please contact us at:

Last Updated: 01-06-2025

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