Terms

Payment & Usage fees

Every fee in the open: storage, buying and selling on True Wine – no hidden costs, clear terms.

01 · Payment

Payment

Payments are processed via credit card.

You do not need a wallet or any cryptocurrency.

02 · Storage fees

Storage costs

First 12 months free

Wines are stored in our warehouses free of charge for 12 months after purchase. After that, annual storage fees will be charged. Invoicing is done quarterly in advance. The amount of the storage fees depends on the number of bottles of bottles stored by the customer and is staggered as follows:

Number of bottles* Annual fee
up to 3 bottles 6.00 € / bottle
from 4 bottles 5.00 € / bottle
from 7 bottles 4.00 € / bottle
from 12 bottles 3.00 € / bottle
from 24 bottles 2.00 € / bottle

* The number of bottles stored at the time of invoicing is decisive.

Example calculation

3.00 €

per bottle / year

36.00 €

total / year

9.00 €

per quarterly invoice

Non-binding example from month 13 onwards, based on the tiers above.

03 · Transaction fees

Transaction costs

10%

of the sale price, payable by the seller

Transaction fees for the sale of wine on the platform are 10% of the sale price, payable by the seller. The transaction fees are included in the displayed selling price.