A network of highly-skilled professionals providing corporate services. You cannot open a bank account if you are staying in Japan as a tourist (less than 90 days). 7 Japanese Phrases To Express Your Gratitude, Year Of The Ox 2021 - The 12 Animals Of The Zodiac In Japan, Japanese Public Holidays And Long Weekends In 2020 And 2021, Self-Introduction In Japanese! New business Opening an Account. Generally, only domestic residents are allowed to open an account in Japanese banks; therefore, it is impossible for non-residents to open a bank account before arrival. Select whether you’d like to add a debit feature to your cash card. We will use your provided information to contact our bank agents in Japan … Offer 1 ATMs fees at the other domestic affiliated financial institutions: ¥0 Deposits and withdrawals at Seven Bank ATMs and Japan Post Bank ATMs, and withdrawals at other domestic affiliated financial institutions ATMs can be used free of charge (or fee will be refunded) for 100 times per month. Steps for opening a JP Postal Savings Account: Go to your local JP Post bank. Despite living abroad in Japan for quite some time now, I of course still maintain a USA presence of sorts in the form of bank accounts and credit cards. Fill in an amount to transfer to an auto-swing (interest-free) account. To open an account, head to your local branch with the documents listed above. The first two banks require a certain level of Japanese to open a bank account. If you're planning to reside in Japan but don't feel confident in your Japanese language skill, download this article on your phone for future reference. Apply at bank, by mail, internet or smartphone smartphone Apps. Confidus Solutions, Copyright © 2016-2021 All Rights reserved. Open up an account at the local post office for Japan Post Bank , a subsidiary of Japan Post Holding. Now, we’ll explain the process of opening a JP Bank account. A Guide To Paying Electronically In Japan, Opening A Bank Account In Japan: Types Of Banks, Fees, And Procedures, GTN Internet Service: Connecting Online In Japan With English Support. ATMs tend to have longer operating hours and tend to be available on weekends and holidays. You cannot create a bank account if you are under a traveling VISA. The volunteer field gives you the option to select any international cooperation or environmental group to donate part of your interest. Southern Oita Travel Tips, Fascinating Traditional Cultures! Here is the skinny on what you need to bring and how to do it. An increasing number of ATMs are available 24 hours. It is usual that part time salary and scholarship will not be paid in cash. Please, choose below. It is not left in your mailbox but rather delivered by hand, so you have to be home to receive it. 8 Destinations in Nagahama, Tsuruga, and Kaga, Maizuru East and West: Tour Two Sides of Kyoto's Port City, Budget Bus Trips from Hiroshima: Travel to Shimane and Tottori, Dreamlike Museums and Exhibitions! This is also the only Japanese bank that will allow minors to open their own bank account. Examples include: Have a different requirement? Opening a bank account is a bit trickier, and can take a week to open, or longer if any of the forms have not been filled in correctly. International transfer fees are usually 4,000 yen. A postal worker will attempt redelivery within the specified timeframe. There isn't much to worry about as many non-Japanese residents have successfully opened bank accounts with JP Bank! Banking Fees and Minimum Deposit. You can now get recycling bags from nespresso stores to either return them to their store (in malls) or have them pickup when you order online. Now, we’ll explain the process of opening a JP Bank account. Accept notifications in order to receive the latest MATCHA articles and news. Therefore, JP Bank is believed to have higher credibility in comparison to other financial institutions. How do I check my transactions for my JP Post bank account? MATCHA is a web magazine dedicated to bringing the rich culture and history of Japan to an international audience. You can withdraw your money from anywhere in Japan without having to pay a commission fee. Both foreign residents and travelers can open a bank account as long as they hold a residence card. A checking account refers to a typical bank account that allows you to deposit and withdraw money. … A subsidiary of Japan Post Holdings (Japan Post), JP Bank handles postal deposits and banking services. What you need to know about Japan Post Bank. We have special offers when you open an account through the Internet. Our company registration advisors in Japan can offer more information on the documents needed to open a bank account here. Select between regular/checking (普通 futsu) or savings (貯蓄 choku chiku). While not as English-friendly as Shinsei, opening an account is easy and does not require a hanko or inkan. Each post office won’t necessarily have a JP Bank teller window, so double-check for your nearest bank and business hours on JP Bank’s official website (Japanese). Many of the Japan Post offices have both an area to mail & ship items and a Japan Post bank services area. 5 Hoshino Resorts Lodgings To Visit In Spring, Japanese Legends in New Fiction! Once at the teller window, tell the bank personnel, “Koza o tsukuritai” (I’d like to open a bank account."). Opening an Account. You will be asked for ID and if you have a hanko at this point. The Japanese terms—alongside its English counterpart—are listed below. Japan Post Bank is a highly reliable, trusted banking option in Japan and an excellent choice for foreign residents. Savings account opening requires detailed information regarding your source of income and occupation in order to process. ... PSA: you can now recycle nespresso capsules in Japan at their stores. You will be asked to fill out a form. A Fun-Filled Day Trip to Tokorozawa. Which Kamaboko Suits Your Personality? View A Sea Of Clouds In The Heart Of The City At Hotel Chinzanso Tokyo, Thank You! Write your name in the alphabet, then again in katakana in the furigana field. The forms you need to fill in are all in Japanese but fairly straightforward, including info like your address, date of birth, etc. You can send money directly to your receiver's bank account *4 from a participating Western Union ® location. If they asked to pay into your account, you could inform them your bank account number quickly by reading your notes. Seven Bank ATMs, including those located inside Seven-Eleven convenient stores (available 24 hours a day, 365 days a year) Japan Post Bank savings account opening. Japan Post Bank and Post office ATMs. To open a Japanese bank account you need your alien registration card, passport, and your inkan(official ink seal), not to mention money to deposit in the account. The main financial service of the bank is savings, but it also offers overdraft facilities and government bonds deposits. 1. Ideal choice for planned business worldwide or current business in Japan. A savings account yields an interest rate that is more profitable than a typical savings account when the balance is over 100,000 yen. Enable Javascript to access all functionality. Find a JP Bank Location. Check the detail and update your settings here. It is a practical, convenient choice for many. Are you an international resident of Japan? Open a checking account today with our online application. Photo by Pixta Japan Post Bank Service Hours Days of the week Times services are available Monday through Friday 9:00 to 16:00 (Some offices are open until 18:00) Saturday, Sunday, and holidays Closed Branches of Japan Post Service offer “Yu-Yu Window” services after normal post office hours. The 3 Best Methods. The information for the intermediary bank must be included. Häagen Mätching: A Picture-Matching Game to Play at Home! Any of the following ATMs are capable of depositing money into your account. SMBC Trust Bank is a good choice for those who require English assistance by telephone and online. We may also offer you alternative solutions in Japan, based on the provided information. 3 Hot Spring Hotels in Yamagata, Cherry Blossom Heaven! The majority of bank accounts in Japan are no-fee bank accounts and do not require a minimum deposit. Javascript is disabled in your web browser. Although JP Bank is now privatized, it was formerly managed by the government. You can set up a maximum deposit of 13 million yen. Opening a Japan Post Account and Application Process. Privacy Policy, head of a state administrative unit (municipality), minister (deputy minister or assistant deputy minister if there is such position in a relevant country), secretary of state or another high level official in the government or state administrative unit (municipality), member of parliament or similar legislative body, member of the management body (board) of a political party, judge of constitutional court, supreme court, or another level court (member of judicial body), member of the council or board of a supreme audit institution, member of the council or the board of a central bank, ambassador, charge d'affaires, armed forces higher officer, member of the council or board of a state capital company, head (director, deputy director) of international organization and member of the board or a person who holds an equal position at such organisation. If you prefer not to set a limit to your account, then write 0. ※ 2. To open up a Japan Post bank account, you can go to your nearest Japan Post Bank (aka JP Bank). Follow the instructions on the delivery notice to enter your desired time for redelivery. Many expats swear by Shinsei Bank, Mizuho and SMBC Trust Bank (until recently, Citi’s Japanese retail operation). 7 Scenic Views by the Sea of Japan: Maizuru, Kinosaki Onsen, Amanohashidate, Excellent Local Food and Sake! Fill in the application form below, so that our agents can assess your case and provide feedback on savings account opening in Japan Post Bank. JP Bank applies an "auto-swing" concept to savings balances that are over the set amount and makes the balance interest-free. Use Convenience Store Cashing, GTN MOBILE: A Japanese Mobile Phone Service With Multilingual Support, How To Get Online In Japan! Bookmark. 2020.09.03 In addition, not only can you apply in English, but Vietnamese and Chinese languages are also supported. Those who selected "bankbook and card" in the cash service method field can deposit and withdraw money with this bankbook. Before opening your bank account, you need to get an Inkan and your residence card. In addition, at 373 branches (as If you're not at home when the card is delivered, an attempted delivery notice should appear in your mailbox. You must be resident in Japan and have a valid VISA when creating your bank account. So let’s say theoretically you wanted to open up a simple Japan Post account, you are not going to need a Hanko (Seal/identification marker). Tokyo Mega Illumination: An Amusement Park of Light. Some of the reasons Japan Post Yucho Bank is chosen is that whereas other banks require a stay of 6 months to open a bank account, Japan Post Yucho Bank only requires a stay of 3 months. This system was established not just for the account owner, but to encourage fair competition between JP Bank and other banks. In order to open a bank account, make sure that you have the following documents. With several personal checking accounts to choose from, U.S. Bank has options for everyone. Once you open an account, please make note of number of account, name of bank and branch. Japan Post Bank; Shinsei Bank; Prestia; Some applications may only be available in Japanese. In this article, we explain how to open an account with Japan Post Bank (JP Bank). If no specific space is provided for this information, please write it within an open area on the form. To know of if the branch that … If so, having a reliable bank account is a high priority. Japan Post bank. A foreigner staying in Japan as a tourist (for less than 90 days) cannot open an account. This article introduces how non-Japanese residents can open an account with JP Bank, including which items to bring and how to fill out an application. Applying to Open a Post Office Account 1 Go to your local post office to get an application to open an account. Therefore, a common scenario is sending money between my Japan bank account and my USA one. The date should be written in Japan’s date format. Most post offices are open until 17:00, so business hours for JP Bank usually end at 16:00. The types of bank cards and features are listed below. JR EAST Welcome Rail Pass 2020: Only 12,000 Yen For 3 Days Of Travel! We use cookies to improve our contents. Keywords search starts here. The staff generally doesn’t speak English. Savings account opening requires detailed information regarding your source of income and occupation in order to process. This allows you to donate 20% of your interest to charity. What you need to do to open an account. The Japan Post Bank is the most useful one. Application form need to be filled by himself (use katakana for where you need to write your name in kana) Takes about 2-3 weeks for procedure to be done. Read Three Short Stories by Young Writers, Another 300 Free To Use Images From Studio Ghibli Classics, Studio Ghibli's Free To Use Image Library. Japan Post Bank / Youcho Ginko / ... imagine all the gaijin open bank account put 1m yen, they also profittttt. open until 18:00) Closed Closed 3. Passport with a valid VISA – This is a MUST. Opening A Japan Post Bank Account - What You Need And Application Process, Coronavirus (COVID-19) Advisory Information, Get The Japanese Yen You Need! List of jurisdictions If you're not interested, please check "do not apply" (申し込まない). A Japan Post bank Cash Card [Reference: jagerdays.wordpress.com] Banks in Japan are usually open from 10 AM to 3PM with exception of a few international banks such as Citibank which are open until 7PM. An ATM card will be delivered to your address in about one to two weeks. The same can be said of Mitsui, though they do have an English speaking call center, but opening an account can take about two weeks. All of this is basically for domestic transfers only, though. The application form is similar to the photo above. Once you've finished opening an account with JP Bank, you'll receive a bankbook at the window. You would need to apply for a debit card separately, after you open a bank account. Your local post office will give you … Choose your receiver's country from the list below and we'll show you all the details you'll need to send money to their bank account *4. Without these, you will not be able to open the account. Generally, you would open a futsu yokin, the Japanese term for a general deposit account. If you have skipped the ‘Politically Exposed Person’ checkbox above, but are not sure what that means exactly, please get acquainted with the information below and edit your choice if required. Opening a company bank account in Japan The procedure involved in opening a company bank account in Japan has been tightened in the last few years, mainly due to the coordination among most states and their local banks worldwide in order to prevent illegal businesses … Home; Corporate Information. As a result, JP Bank is often attached to post offices nationwide with as many as 234 locations. Japan Post Bank Co., Ltd. (株式会社ゆうちょ銀行, Kabushiki-gaisha Yū-cho Ginkō, commonly abbreviated to ゆうちょ銀行 (Yū-cho Ginkō)), is a Japanese bank headquartered in Tokyo.It is a corporation held by Japan Post Holdings, in which the government of Japan has a majority stake.. When opening a bank account, you must bring your passport, your residence card, and a personal seal (engraved with your surname) if you have one. The next section will introduce application terms in Japanese and English side-by-side, so please refer to those tables. Stunning Photos! A politically exposed person (hereinafter referred to as PEP) is a person who holds or has held a prominent public position in a country of the European Union or European Economic Area or a third country. Select the card type and/or features you’d like to apply for. Checking and savings accounts can be opened with the Japanese post office. Take A Quiz To Find Out! Japan Post Bank Top. However, not all of them do. Make a deposit and start using the account. While you can’t open an account if you are on a 90-day tourist visa, foreigners that are here on other visa types, like work or student visa, are eligible to open an account with most banks. Japan Post bank is technically not a bank and uses a totally different numbering system, though recently they have come up with a strange formula to convert your JP Bank account number into a normal bank account number so you can send payments to it as shown above). Most banks are open from 9:00 to 15:00, and close on weekends and national holidays. Japan Post Bank was established in September 2006 during the reform of Japan Post, which became Japan Post Holdings. Corporate Information; Message from Director, President and Representative Executive Officer The Japan Post Bank exchange rate will be applied for credits made to the payee's Japan Post Bank account in JPY. 16 Phrases You Should Know, Fabulous Scenery, Stone Buddhas, And Seafood! Each post office won’t necessarily have a JP Bank teller window, so double-check for your nearest bank and business hours on JP Bank’s official website (Japanese). They’re easy to spot because of this symbol: 〒 Tell them you want to open a normal savings account: 普通預金 (futsuu yokin). Payments for utility bills and direct deposit of paychecks are made entirely through your bank account in Japan. The bank teller will then hand you an application form to fill in with your full name, address, and other necessary information. Home → Banks → List → Japan → Japan Post Bank → Private account Japan Post Bank private account opening. After applying, you’ll get a cash card (and an optional bank book) sent to you through the post. We will act according to the instructions of Japan Post Bank and law of Japan. You could also, if you don’t have time to be going to inner city branches, go to the post office! Select between a bankbook and cash card, or card only. Fill in the application form below, so that our agents can assess your case and provide feedback on savings account opening in Japan Post Bank. JP Bank’s official website allows you to fill in an application ahead of time with step-by-step instructions in English, Vietnamese, Chinese, Korean, and other languages. You may also find yourself being able to transfer and receive money through the popular instant messaging service Line. Shelf companies Depending on your JP Bank location, you can ask for an application form to fill out at home and apply at a later date. Getting A Credit Card In Japan: Guide And Foreigner-Friendly Suggestions, Is Japan Going Cashless? Open a private account in Japan Post Bank now with help of Confidus Solutions. Hot Spring Hotels in Yamagata, Cherry Blossom Heaven of opening a Bank! You have to be available on weekends and holidays practical, convenient choice for planned business worldwide or business. Prestia ; Some applications may only be available on weekends and holidays part time salary and scholarship not. 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Fair competition between JP Bank handles postal deposits and banking services Phone service with Multilingual,. Retail operation ) of income and occupation in order to process Japanese to open their own account! Delivered by hand, so business hours for JP Bank account and banking services 've opening... Bank now with help of Confidus Solutions this article, we ’ ll get a cash card the of.