Refund & Return Policy
Last updated: 13 June 2026
Effective date: 13 June 2026
1. General Policy
- ALL SALES ARE FINAL. Assets are sold "AS IS, WHERE IS".
- No returns or exchanges, and no refunds except in the limited cases below.
2. When a Refund May Be Considered
- A genuine Platform or technical error.
- A materially misrepresented item (significantly different from its description).
- A duplicate or incorrect payment.
- A verified wire-transfer error.
3. What Does Not Qualify
- Change of mind or buyer's remorse.
- The item matches its description but you no longer want it.
- Faults that could reasonably have been identified before bidding.
- Failure to read the lot description or condition grade.
5. Dispute Process
- File a claim within [DISPUTE_WINDOW_DAYS] days of payment.
- Email [DISPUTES_EMAIL] with your invoice number, lot number, photos, and a description of the issue.
- We aim to investigate within [INVESTIGATION_DAYS] business days and will communicate the decision in writing.
6. Refund Processing
- Approved refunds are processed within [REFUND_PROCESSING_DAYS] days.
- Refunds are issued to the original payment method where possible.
- Wire refunds: [WIRE_REFUND_DAYS]; card refunds: [CARD_REFUND_DAYS].
7. Damage During Collection
- Items become the buyer's responsibility on collection.
- Inspect and document condition before signing acceptance.
8. Contact
Disputes & refunds: [DISPUTES_EMAIL] · [PHONE_NUMBER].
Questions? disputes@katexchange.com
Last reviewed by counsel: 13 June 2026
