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ARCA Sets May 21 Online Auction for Seized Electronics on Banco Ciudad

Low starting prices come with higher risk due to sealed, untested devices.

Overview

  • The online sale, set for May 21 on Banco Ciudad, will offer phones, earbuds and other small electronics.
  • Registration is open on the bank’s auction portal, where bidders must locate Subasta No. 3781 and review each lot.
  • To bid, users need to transfer a security deposit called a caución, with the amount set by the lot they choose.
  • All bids are binding and products are delivered sealed in the condition they reached Customs, with no testing or warranty.
  • The catalog lists iPhone 13 units, Xiaomi Note 14 and C85 phones, AirPods, an Amazon Alexa speaker, TV boxes, and smartwatches, with base prices below typical retail.