First Time Online Bidders (Registration Procedure and Terms and Conditions for Bid)
Welcome to JEN Auction.
Those who plan to bid in JEN Auction for the first time are requested to refer to Participation
Procedure and Terms and Conditions for Bidding in JEN Auction.
Membership Registration and Participation Procedure are as follows:
Registration as Bidder and payment of Security Deposit are necessary prior to participating in JEN Auction. Please agree to “Terms and Conditions for Bidding in JEN Auction” and go to Membership Registration Page. (The Bank Account to which the Security Deposit should be sent is the same account as shown below in the 3. “From Successful Bidding to Payment.” After we have confirmed the receipt of the Security Deposit, we will send the applicant “ID and Password” by E-mail. At the point you have received the ID and Password, you can participate in JEN Auction.
2 How to Bid
Please bid according to “How to Bid in JEN Auction”
3From Successful Bidding to Payment
(Terms and Conditions for Bid 6. Contract, 7. Terms of Payment)
- After the Auction Close JEN will send an E-mail to the Successful Bidder and send the Invoice by Fax and at this point the sales contract is concluded.
- Successful Bidder is required to make the complete payment including the equipment price, Contract Fee, Releasing charge, etc. within one week. (The Successful Bidder must cover the Bank Transfer Charges.)
MUFG BANK, LTD. OMORI-EKIMAE BRANCH
Bank Address: 2-3-10, Sanno Otaku, Tokyo, 143-0023, Japan
Account Number:0033723 Account Name: JEN CORP. Swift Code: BOTKJPJT
JEN designates the above Bank Account as the Only Bank Account for auction deals.
We will NEVER ask Bidders to send money to any other Bank Account.
If you are asked to make payment to any other Bank Account, please contact JEN immediately by telephone.
JEN CORP. 03-5763-8186
4Carry-Out of Equipment (Terms and Conditions for Bid 10. Carry-Out from the Delivery Yard)
If the Delivery Yard is one of JEN’s Designated Delivery Yards, the purchased item will be carried into the Designated Delivery Yard within one week after the Auction Close. The Successful Bidder is required to carry out the subject item within three weeks (including the above Carry-In Period) after the Auction Close. Please be sure to give JEN an advance notice of the Carry-Out. When the Carry-Out is delayed, Storage Fee of JPY200 – JPY800 per day / per item is chargeable on the Successful Bidder.
When the Delivery Yard is indicated as “Other”, please be sure to ask JEN to handle Carry-Out arrangement for you. When there is no advance notice from the Successful Bidder and no permission from the yard concerned, Carry-Out is not possible. When the Carry-Out is delayed, Storage Fee of JPY200-JPY800 per day / per item is chargeable on the Successful Bidder
Terms and Conditions for Bidding in JEN Auction