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4) Pursuant to participating in the immovable property
or movable property that has appraisal value from THB 500,000
onwards, the bidder must place a bid deposit either in cash or
cashier cheque payable to the Civil Case Enforcement Bangkok
Office 1 – 7 or the Provincial Legal Execution Office or branch
of Provincial Legal Execution Office, or processing via the EDC
(Electronic Data Capture) System, at the amount indicated in
the announcement and at the rate specified below, as a bidding
guarantee.
Appraisal Value (THB) Bid Deposit (THB)
Not exceeding 100,000 No less than 5%
of appraisal value
More than 100,000 – 200,000 10,000
More than 200,000 – 500,000 25,000
More than 500,000 – 1,000,000 50,000
More than 1,000,000 – 3,000,000 150,000
More than 3,000,000 – 5,000,000 250,000
More than 5,000,000 – 10,000,000 500,000
More than 10,000,000 – 20,000,000 1,000,000
More than 20,000,000 – 50,000,000 2,500,000
More than 50,000,000 – 100,000,000 5,000,000
More than 100,000,000 – 200,000,000 10,000,000
From 200,000,000 onwards As determined by the
Director-General or his/
her representative
*** Property to be re-auctioned, due to incomplete process whereby
the deposit amount is forfeited, the buyer is subject to the additional
bid deposit two-time higher than the bid deposit announced
in the re-auction process in accordance with Director-General of Legal
Execution Department’s notification Re: Additional Bid Deposit Rules
24 (***There is subject to change in accordance with Director-General of Legal Execution
24
Department’s notification Re : Additional Bid Deposit Rules)