Opening an Account. Japan Post Bank Top. The application form is similar to the photo above. Open a private account in Japan Post Bank now with help of Confidus Solutions. The date should be written in Japan’s date format. JP Bank applies an "auto-swing" concept to savings balances that are over the set amount and makes the balance interest-free. 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. Banking Fees and Minimum Deposit. 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). The Japan Post Bank exchange rate will be applied for credits made to the payee's Japan Post Bank account in JPY. Once you've finished opening an account with JP Bank, you'll receive a bankbook at the window. After applying, you’ll get a cash card (and an optional bank book) sent to you through the post. Confidus Solutions, Copyright © 2016-2021 All Rights reserved. Keywords search starts here. 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. Make a deposit and start using the account. While not as English-friendly as Shinsei, opening an account is easy and does not require a hanko or inkan. A Fun-Filled Day Trip to Tokorozawa. 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 they asked to pay into your account, you could inform them your bank account number quickly by reading your notes. We use cookies to improve our contents. Any of the following ATMs are capable of depositing money into your account. Therefore, a common scenario is sending money between my Japan bank account and my USA one. International transfer fees are usually 4,000 yen. Please, choose below. A foreigner staying in Japan as a tourist (for less than 90 days) cannot open an account. A checking account refers to a typical bank account that allows you to deposit and withdraw money. 7 Scenic Views by the Sea of Japan: Maizuru, Kinosaki Onsen, Amanohashidate, Excellent Local Food and Sake! What you need to do to open an account. ※ 2. What you need to know about Japan Post Bank. 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! Accept notifications in order to receive the latest MATCHA articles and news. If you're not interested, please check "do not apply" (申し込まない). A savings account yields an interest rate that is more profitable than a typical savings account when the balance is over 100,000 yen. Japan Post Bank was established in September 2006 during the reform of Japan Post, which became Japan Post Holdings. 2020.09.03 Photo by Pixta Checking and savings accounts can be opened with the Japanese post office. However, not all of them do. Most post offices are open until 17:00, so business hours for JP Bank usually end at 16:00. Write your name in the alphabet, then again in katakana in the furigana field. open until 18:00) Closed Closed 3. Examples include: Have a different requirement? It is usual that part time salary and scholarship will not be paid in cash. There isn't much to worry about as many non-Japanese residents have successfully opened bank accounts with JP Bank! The Japan Post Bank is the most useful one. Steps for opening a JP Postal Savings Account: Go to your local JP Post bank. 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). Select whether you’d like to add a debit feature to your cash card. Tokyo Mega Illumination: An Amusement Park of Light. Häagen Mätching: A Picture-Matching Game to Play at Home! We will act according to the instructions of Japan Post Bank and law of Japan. Open a checking account today with our online application. It is not left in your mailbox but rather delivered by hand, so you have to be home to receive it. It is a practical, convenient choice for many. Enable Javascript to access all functionality. 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. This is also the only Japanese bank that will allow minors to open their own bank account. This allows you to donate 20% of your interest to charity. You cannot create a bank account if you are under a traveling VISA. MATCHA is a web magazine dedicated to bringing the rich culture and history of Japan to an international audience. Savings account opening requires detailed information regarding your source of income and occupation in order to process. An increasing number of ATMs are available 24 hours. 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. 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. Opening A Japan Post Bank Account - What You Need And Application Process, Coronavirus (COVID-19) Advisory Information, Get The Japanese Yen You Need! View A Sea Of Clouds In The Heart Of The City At Hotel Chinzanso Tokyo, Thank You! 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. The next section will introduce application terms in Japanese and English side-by-side, so please refer to those tables. 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. Use Convenience Store Cashing, GTN MOBILE: A Japanese Mobile Phone Service With Multilingual Support, How To Get Online In Japan! You can send money directly to your receiver's bank account *4 from a participating Western Union ® location. Payments for utility bills and direct deposit of paychecks are made entirely through your bank account in Japan. Fill in an amount to transfer to an auto-swing (interest-free) account. Japan Post Bank / Youcho Ginko / ... imagine all the gaijin open bank account put 1m yen, they also profittttt. Once at the teller window, tell the bank personnel, “Koza o tsukuritai” (I’d like to open a bank account."). … Once you open an account, please make note of number of account, name of bank and branch. ... PSA: you can now recycle nespresso capsules in Japan at their stores. Javascript is disabled in your web browser. You can set up a maximum deposit of 13 million yen. Now, we’ll explain the process of opening a JP Bank account. 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. In addition, not only can you apply in English, but Vietnamese and Chinese languages are also supported. We have special offers when you open an account through the Internet. You must be resident in Japan and have a valid VISA when creating your bank account. 5 Hoshino Resorts Lodgings To Visit In Spring, Japanese Legends in New Fiction! 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). As a result, JP Bank is often attached to post offices nationwide with as many as 234 locations. Select between a bankbook and cash card, or card only. You may also find yourself being able to transfer and receive money through the popular instant messaging service Line. 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. 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). 16 Phrases You Should Know, Fabulous Scenery, Stone Buddhas, And Seafood! You would need to apply for a debit card separately, after you open a bank account. This system was established not just for the account owner, but to encourage fair competition between JP Bank and other banks. Apply at bank, by mail, internet or smartphone smartphone Apps. We may also offer you alternative solutions in Japan, based on the provided information. 1. In addition, at 373 branches (as You could also, if you don’t have time to be going to inner city branches, go to the post office! The 3 Best Methods. 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. Although JP Bank is now privatized, it was formerly managed by the government. The information for the intermediary bank must be included. Home → Banks → List → Japan → Japan Post Bank → Private account Japan Post Bank private account opening. A subsidiary of Japan Post Holdings (Japan Post), JP Bank handles postal deposits and banking services. Many of the Japan Post offices have both an area to mail & ship items and a Japan Post bank services area. You can withdraw your money from anywhere in Japan without having to pay a commission fee. The main financial service of the bank is savings, but it also offers overdraft facilities and government bonds deposits. If so, having a reliable bank account is a high priority. Find a JP Bank Location. Ideal choice for planned business worldwide or current business 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. Getting A Credit Card In Japan: Guide And Foreigner-Friendly Suggestions, Is Japan Going Cashless? 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. The forms you need to fill in are all in Japanese but fairly straightforward, including info like your address, date of birth, etc. Most banks are open from 9:00 to 15:00, and close on weekends and national holidays. With several personal checking accounts to choose from, U.S. Bank has options for everyone. Before opening your bank account, you need to get an Inkan and your residence card. Japan Post Bank; Shinsei Bank; Prestia; Some applications may only be available in Japanese. SMBC Trust Bank is a good choice for those who require English assistance by telephone and online. 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. 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. Many expats swear by Shinsei Bank, Mizuho and SMBC Trust Bank (until recently, Citi’s Japanese retail operation). Here is the skinny on what you need to bring and how to do it. 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 … You will be asked to fill out a form. Both foreign residents and travelers can open a bank account as long as they hold a residence card. Passport with a valid VISA – This is a MUST. 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. 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. 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). 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. Those who selected "bankbook and card" in the cash service method field can deposit and withdraw money with this bankbook. Your local post office will give you … Our company registration advisors in Japan can offer more information on the documents needed to open a bank account here. Stunning Photos! Shelf companies Without these, you will not be able to open the account. Corporate Information; Message from Director, President and Representative Executive Officer Japan Post Bank is a highly reliable, trusted banking option in Japan and an excellent choice for foreign residents. If you're not at home when the card is delivered, an attempted delivery notice should appear in your mailbox. In order to open a bank account, make sure that you have the following documents. We will use your provided information to contact our bank agents in Japan … The staff generally doesn’t speak English. JR EAST Welcome Rail Pass 2020: Only 12,000 Yen For 3 Days Of Travel! Open up an account at the local post office for Japan Post Bank , a subsidiary of Japan Post Holding. Home; Corporate Information. 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. A postal worker will attempt redelivery within the specified timeframe. Applying to Open a Post Office Account 1 Go to your local post office to get an application to open an account. 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.