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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.


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