Role | Status | Explanation |
BUY | In Account – Awaiting payment – pay by DD/MM/YYYY Inv No. XXXXXX | Trade has been invoiced and is waiting to be paid shown on the account |
BUY | In Account/Received/Released – Awaiting payment – pay by DD/MM/YYYY Inv No. XXXXXX Overdue | Trade has been invoiced and is waiting to be paid.
Current LXtrade – wine will be shown as Overdue |
BUY | Due by DD/MM/YYYY | Stock would be delivered by this date |
BUY | In transit to your default warehouse | Stock is en route to one of our warehouses to be invoiced. Current invoice status will show as Proforma |
BUY | In transit to your default warehouse Inv No. XXXXXX | Stock is en route to the final destination. Trade is invoiced and paid |
BUY | Received in warehouse | Stock from the seller has now been received and is processing at the warehouse |
BUY/SELL | Issue with trade – Please contact [email protected] | Issue with the stock received; email the contact shown. Due to the issue, there will be a delay in the trade being invoiced within the normal time schedule hence delayed payment for the seller. |
SELL | Please deliver on or before DD/MM/YYYY | Stock needs to be delivered to us by this time period to ensure no delays |
SELL | Invoice pending | Trade is in the process of being checked in the warehouse and to be queued for invoicing |
SELL | Received and processing – LX, Tilbury | Stock has been received at our warehouse and will be invoiced shortly |
SELL | Ready for payment DD/MM/YYYY | Liv-ex will pay by this date as per the net statement |
BUY/SELL | Trade completed | Trade has been invoiced and paid |
BUY | EP – Due by MONTH YEAR Inv No. XXXXXX Overdue | This is your En Primeur trade, which shows when stock is due from the seller, with reference to invoice number and if it is due for payment/overdue. |
SELL | EP – Ready for payment | Liv-ex will pay the En Primeur if a bank guarantee/cash deposit is provided to cover, or if the physical stock has been received. Please contact [email protected] for any queries |
BUY | EP – Awaiting payment | EP trades are invoiced immediately and should be paid for on our standard payment terms [7 days] |
BUY/SELL | EP – Processing in warehouse | Stock has been received and is in the process of being checked in our warehouse |
SELL | EP – Please deliver | Wine must be delivered as soon as it is available, and at the very latest by the end of May, two years following the initial En Primeur offering |
BUY/ SELL | EP – Pending invoice | Trade is queued for invoicing |