Japan Post Bank savings account opening. Confidus Solutions, Copyright © 2016-2021 All Rights reserved. Find a JP Bank Location. Check the detail and update your settings here. Southern Oita Travel Tips, Fascinating Traditional Cultures! If so, having a reliable bank account is a high priority. 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! There isn't much to worry about as many non-Japanese residents have successfully opened bank accounts with JP Bank! Our company registration advisors in Japan can offer more information on the documents needed to open a bank account here. We will use your provided information to contact our bank agents in Japan … Checking and savings accounts can be opened with the Japanese post office. A savings account yields an interest rate that is more profitable than a typical savings account when the balance is over 100,000 yen. A postal worker will attempt redelivery within the specified timeframe. 2020.09.03 Home → Banks → List → Japan → Japan Post Bank → Private account Japan Post Bank private account opening. Many of the Japan Post offices have both an area to mail & ship items and a Japan Post bank services area. 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). Enable Javascript to access all functionality. Banking Fees and Minimum Deposit. Take A Quiz To Find Out! ... PSA: you can now recycle nespresso capsules in Japan at their stores. Both foreign residents and travelers can open a bank account as long as they hold a residence card. However, not all of them do. 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.. How do I check my transactions for my JP Post bank account? You may also find yourself being able to transfer and receive money through the popular instant messaging service Line. Ideal choice for planned business worldwide or current business in Japan. The volunteer field gives you the option to select any international cooperation or environmental group to donate part of your interest. Select between a bankbook and cash card, or card only. While not as English-friendly as Shinsei, opening an account is easy and does not require a hanko or inkan. Many expats swear by Shinsei Bank, Mizuho and SMBC Trust Bank (until recently, Citi’s Japanese retail operation). Opening a Japan Post Account and Application Process. Bookmark. 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. Once you open an account, please make note of number of account, name of bank and branch. To know of if the branch that … Japan Post Bank Top. Generally, you would open a futsu yokin, the Japanese term for a general deposit account. If you're not at home when the card is delivered, an attempted delivery notice should appear in your mailbox. Which Kamaboko Suits Your Personality? Apply at bank, by mail, internet or smartphone smartphone Apps. Japan Post Bank was established in September 2006 during the reform of Japan Post, which became Japan Post Holdings. You will be asked for ID and if you have a hanko at this point. Therefore, JP Bank is believed to have higher credibility in comparison to other financial institutions. The bank teller will then hand you an application form to fill in with your full name, address, and other necessary information. In this article, we explain how to open an account with Japan Post Bank (JP Bank). 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. Select between regular/checking (普通 futsu) or savings (貯蓄 choku chiku). Steps for opening a JP Postal Savings Account: Go to your local JP Post bank. We may also offer you alternative solutions in Japan, based on the provided information. Photo by Pixta 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. Follow the instructions on the delivery notice to enter your desired time for redelivery. You will be asked to fill out a form. To open up a Japan Post bank account, you can go to your nearest Japan Post Bank (aka JP Bank). Opening an Account. In addition, not only can you apply in English, but Vietnamese and Chinese languages are also supported. It is not left in your mailbox but rather delivered by hand, so you have to be home to receive it. Opening A Japan Post Bank Account - What You Need And Application Process, Coronavirus (COVID-19) Advisory Information, Get The Japanese Yen You Need! 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. 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). 3 Hot Spring Hotels in Yamagata, Cherry Blossom Heaven! ※ 2. 16 Phrases You Should Know, Fabulous Scenery, Stone Buddhas, And Seafood! Without these, you will not be able to open the account. The Japan Post Bank exchange rate will be applied for credits made to the payee's Japan Post Bank account in JPY. You cannot open a bank account if you are staying in Japan as a tourist (less than 90 days). 7 Scenic Views by the Sea of Japan: Maizuru, Kinosaki Onsen, Amanohashidate, Excellent Local Food and Sake! List of jurisdictions 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. You can withdraw your money from anywhere in Japan without having to pay a commission fee. Japan Post Bank; Shinsei Bank; Prestia; Some applications may only be available in Japanese. You must be resident in Japan and have a valid VISA when creating your bank account. The date should be written in Japan’s date format. The Japanese terms—alongside its English counterpart—are listed below. Tokyo Mega Illumination: An Amusement Park of Light. You would need to apply for a debit card separately, after you open a bank account. Please, choose below. Most post offices are open until 17:00, so business hours for JP Bank usually end at 16:00. What you need to do to open an account. Once you've finished opening an account with JP Bank, you'll receive a bankbook at the window. The application form is similar to the photo above. Getting A Credit Card In Japan: Guide And Foreigner-Friendly Suggestions, Is Japan Going Cashless? Examples include: Have a different requirement? 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. 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). Häagen Mätching: A Picture-Matching Game to Play at Home! View A Sea Of Clouds In The Heart Of The City At Hotel Chinzanso Tokyo, Thank You! It is usual that part time salary and scholarship will not be paid in cash. 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. International transfer fees are usually 4,000 yen. Select whether you’d like to add a debit feature to your cash card. MATCHA is a web magazine dedicated to bringing the rich culture and history of Japan to an international audience. The next section will introduce application terms in Japanese and English side-by-side, so please refer to those tables. In order to open a bank account, make sure that you have the following documents. If they asked to pay into your account, you could inform them your bank account number quickly by reading your notes. Passport with a valid VISA – This is a MUST. … 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. We use cookies to improve our contents. An ATM card will be delivered to your address in about one to two weeks. Now, we’ll explain the process of opening a JP Bank account. This is also the only Japanese bank that will allow minors to open their own bank account. 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. Stunning Photos! 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. A checking account refers to a typical bank account that allows you to deposit and withdraw money. A foreigner staying in Japan as a tourist (for less than 90 days) cannot open an account. 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. Write your name in the alphabet, then again in katakana in the furigana field. New business After applying, you’ll get a cash card (and an optional bank book) sent to you through the post. Savings account opening requires detailed information regarding your source of income and occupation in order to process. Are you an international resident of Japan? The Japan Post Bank is the most useful one. JR EAST Welcome Rail Pass 2020: Only 12,000 Yen For 3 Days Of Travel! A subsidiary of Japan Post Holdings (Japan Post), JP Bank handles postal deposits and banking services. An increasing number of ATMs are available 24 hours. Open a private account in Japan Post Bank now with help of Confidus Solutions. A Fun-Filled Day Trip to Tokorozawa. The majority of bank accounts in Japan are no-fee bank accounts and do not require a minimum deposit. A network of highly-skilled professionals providing corporate services. ATMs tend to have longer operating hours and tend to be available on weekends and holidays. Japan Post bank. 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). Opening an Account. You can set up a maximum deposit of 13 million yen. This system was established not just for the account owner, but to encourage fair competition between JP Bank and other banks. As a result, JP Bank is often attached to post offices nationwide with as many as 234 locations. 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 … What you need to know about Japan Post Bank. Although JP Bank is now privatized, it was formerly managed by the government. Fill in an amount to transfer to an auto-swing (interest-free) 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. The 3 Best Methods. 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. It is a practical, convenient choice for many. Open a checking account today with our online application. The staff generally doesn’t speak English. You can send money directly to your receiver's bank account *4 from a participating Western Union ® location. 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. 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. The first two banks require a certain level of Japanese to open a bank account. Savings account opening requires detailed information regarding your source of income and occupation in order to process. 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! Seven Bank ATMs, including those located inside Seven-Eleven convenient stores (available 24 hours a day, 365 days a year) 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. Once at the teller window, tell the bank personnel, “Koza o tsukuritai” (I’d like to open a bank account."). We will act according to the instructions of Japan Post Bank and law of Japan. 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. Most banks are open from 9:00 to 15:00, and close on weekends and national holidays. Japan Post Bank and Post office ATMs. Therefore, a common scenario is sending money between my Japan bank account and my USA one. This allows you to donate 20% of your interest to charity. Applying to Open a Post Office Account 1 Go to your local post office to get an application to open an account. Any of the following ATMs are capable of depositing money into your account. Select the card type and/or features you’d like to apply for. Accept notifications in order to receive the latest MATCHA articles and news. open until 18:00) Closed Closed 3. Japan Post Bank is a highly reliable, trusted banking option in Japan and an excellent choice for foreign residents. 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). The forms you need to fill in are all in Japanese but fairly straightforward, including info like your address, date of birth, etc. Japan Post Bank / Youcho Ginko / ... imagine all the gaijin open bank account put 1m yen, they also profittttt. Your local post office will give you … Make a deposit and start using the account. 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! 5 Hoshino Resorts Lodgings To Visit In Spring, Japanese Legends in New Fiction! Javascript is disabled in your web browser. The main financial service of the bank is savings, but it also offers overdraft facilities and government bonds deposits. 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. Before opening your bank account, you need to get an Inkan and your residence card. Here is the skinny on what you need to bring and how to do it. Now, we’ll explain the process of opening a JP Bank 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. 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. If you're not interested, please check "do not apply" (申し込まない). We have special offers when you open an account through the Internet. You could also, if you don’t have time to be going to inner city branches, go to the post office! To open an account, head to your local branch with the documents listed above. You cannot create a bank account if you are under a traveling VISA. SMBC Trust Bank is a good choice for those who require English assistance by telephone and online. 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. 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. With several personal checking accounts to choose from, U.S. Bank has options for everyone. 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. In addition, at 373 branches (as Home; Corporate Information. 1. All of this is basically for domestic transfers only, though. 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. Open up an account at the local post office for Japan Post Bank , a subsidiary of Japan Post Holding. The types of bank cards and features are listed below. Those who selected "bankbook and card" in the cash service method field can deposit and withdraw money with this bankbook. Payments for utility bills and direct deposit of paychecks are made entirely through your bank account in Japan. Corporate Information; Message from Director, President and Representative Executive Officer If you prefer not to set a limit to your account, then write 0. If no specific space is provided for this information, please write it within an open area on the form. The information for the intermediary bank must be included. Keywords search starts here. 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. In katakana in the cash service method field can deposit and withdraw money any of the Japan Post Bank at! For utility bills and direct deposit of paychecks are made entirely through your Bank account is easy and not... When creating your Bank account put 1m yen, they also profittttt environmental group to donate part your. Mizuho and SMBC Trust Bank is savings, but to encourage fair competition between JP and... Must be included not to set a limit to your cash card, or card only left... 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