Japan: Bid Deposit and Payment Information
Registration
Registration to bid is free of charge, whether you are bidding in person, online or by proxy. You may be required to pay a refundable bid deposit.
Bid Deposits
On-site bidders: Unless you have made prior arrangements with Ritchie Bros., you must place a refundable deposit of 500,000 Yen.
Online bidders: Depending on your bidding history, you may be required to place a refundable bid deposit when you register to bid.
Bid Deposit Methods
| Wire transfer | Credit card (Visa, MasterCard)* | Certified/ cashier's/ bank check |
Domestic bidder | ✔ | ✔ | ✔ |
International bidder | ✔ | ✔ | ✔ |
Online bidder | ✔ | ✔ |
|
* Place a bid deposit by credit card or view wire transfer deposit information.
Payment Terms
All payments must be made in Japanese Yen (¥).
Each purchased Lot will be subject to a transaction fee of:
(a) 10% on all Lots selling for JPY 1,000,000 or less, with a minimum fee of JPY 10,000 per Lot, or
(b) 4.85% on all Lots selling for over JPY 1,000,000 up to JPY 3,400,000, with a minimum fee of JPY 100,000 per lot, or
(c) JPY 164,900 on all Lots selling for over JPY 3,400,000.
NOTE: Purchases cannot be removed from the auction site or collected until paid for in full. If paid for with non-certified funds, items will not be released until non-certified funds clear our bank. This policy will be strictly enforced.
Payment Methods
| Wire transfer | Credit card (Visa, MasterCard)* | Certified/ cashier's/ bank check |
Domestic bidder | ✔ | ✔ | ✔ |
International bidder | ✔ | ✔ | ✔ |
Online bidder | ✔ | ✔ |
|
* Make a payment by credit card or view wire transfer payment information.