Answers page

FREQUENTLY ASKED QUESTIONS and official answers.

Q: How much deposit is required in advance?

The required deposit amount is determined by your bidding price(s).

BidUnder 500,000 yenOver 500,000 yen
Required Deposit¹ 100,000 yen20% of the Bid Amount

A deposit can be made through a telegraphic transfer or a credit card authorization². If you prefer a telegraphic transfer, please make your remittance to the following account:

  • The Senshu Ikeda Bank Ltd Namba Branch Osaka-city, Japan
  • Bank Sort Code : 0161-015
  • SWIFT ID : BIKEJPJS
  • Account name : Auto Square Co., Ltd.
  • Account number : 0212262
  • Bank Address : 3-7-12 Namba Chuo-ku Oaska City Japan 542-0076
  • Bank Phone Number : +81-6-6672-0520

 

  • We require the remaining balance to be cleared within the specified time limit by Telegraphic Transfer remittance.

For those who prefer to use their credit card to place a deposit, please fill out the Agreement Form making sure that full details of your credit card are submitted. The submitted information will be protected by a SSL secured server.

The authorization will be obtained and kept until:

  • the end of the week if no purchases are made
  • the full amount billed is received by telegraphic remittance (when purchase is made)

The authorization will be cancelled as soon as it becomes unrequired.

We would like to remind you that if your bid amount does not reflect current market prices, we may decline your bid before the auction.

PAGETOP

¹ Minimum required deposit is Yen 100,000 if total bidding amount is no greater than Yen 500,000

² A credit card authorization is not an actual charge, but an amount blocked (reserved) on your credit card

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