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Financial information

Financial information

Learn more about the banking conditions of your dedicated business account, key payment dates for invoices and further information on our invoicing process below.

Banking conditions

All current fees and any applicable interest to the business account are disclosed in the Banking conditions.

We recommend you taking note of these additional costs when keeping sufficient funds on your business account as cash collateral for trading and/or the purpose of making payments to JAO. We would also like to remind you of the possibility to use a Bank guarantee as collateral instead of cash on your business account.

Invoicing calendar

The auctions’ invoicing calendar attached is based on the Luxembourgish calendar of public holidays and contains all important invoicing dates, so you can anticipate when your invoices are due and when you will be paid in case of a selfbilling for each month of the year.

Invoicing process

Our information package on the invoicing process clarifies the calculation of monthly instalments and the number of instalments that can be included in the first invoice of a capacity product. It also explains the monthly netting calculation of allocations and compensations.

Company data

Trade and Companies Register (RCS) identification number: B142282

VAT identification number for the reverse charge mechanism: LU229 026 29

Our finance team is available for any question you may have on our Service desk.