Reach Us . They even let you choose the colour of your bank card – what's not to love? はい for yes – writing down いいえ (no) likely renders you ineligible for an account. Luckily, things these days aren't as tough as they used to be for foreigners in Japan in terms of creating official anything, but most of the forms you'll be needing are still exclusively in Japanese. Thanks for subscribing! Bank code A-Z 4 letters representing the bank. Compare interest rates for time deposits from major banks in Japan . Signing up for an account is rather straightforward: you can either download their English-language application form online and then send it to their head office with a proof of ID (one copy of your resident card, plus an original utility bill less than six months old – if you can't supply that, a residence certificate or juminhyo should suffice), or go to one of their offices and do it in person (for which you only need your resident card). Things might have changed, but when I first arrived here as a student many moons ago, I was able to make a JP Bank account but I was not allowed to make transfers (internal or external) for 6 months. And if foreign currency amounts are transferred to yen accounts in Japan… When making purchases, the card holder can choose to make the payment interest free at once (ikkatsu barai) or divide it evenly over a number of months (bunkatsu barai), in which case interest is charged. 9. Once all that's done and you've chosen a PIN code as well, it'll take about a week to 10 days for everything to pop in the mail (the documents will be sent in separate envelopes – if you applied online, your PIN will be in one of these too), after which you'll be able to set up online banking; instructions are provided in the Welcome Kit. How do I check my transactions for my JP Post bank account? It was the nation's largest employer, with over 400,000 employees, and ran 24,700 post offices throughout Japan. Confusingly, the JP Bank Card isn't a normal cashing card, but a credit card, and will thus require another application process (and as countless tales of weathered foreign residents will make clear, you will likely be rejected. It's like old-school magic. Banks in Japan love charging their customers pointless fees and will often apply a receiving charge to release the funds to your bank account EVEN IF YOU ARE SENDING THE MONEY IN YEN! The bank has asked its 5.5 million clients who use electronic payment … For people already living in Japan - anything relevant to living or working in Japan such as lifestyle, food, style, environment, education, technology, housing, work, visas, sport etc. (The whole matching last names with first names properly did not seem to be a thing here). so yeah post office bank is the only option for us . This bizarrely named box was renamed from the simple 'standard limit', and simply refers to the maximum amount you can have in your account. Honestly, having someone with you who speaks Japanese does help, but if you know a bit, have time to spare and are willing to practice your kanji in the wild, then you'll probably be able to handle things with our box-by-box guide below. How to Open a Post Office Account. At least they have allowed me to open an account, Rakuten refused to open an account for me no matter what documents I have sent them. When registering your Japan Post Bank bank account, please confirm bank, branch code, and account number on their website (Japanese only). On the Japan Post Bank website, there is a detailed description and a conversion tool that uses the receiver's Japan Post Bank code and numbers to specify the branch name, type of deposit and account number used for the domestic … Now you can prove you're not up to no good with your bank account with the green form. This is where you fill in your address and phone details. Japan Post Bank Co says the amount of money stolen from customers' accounts due to a series of security breaches of seven electronic payment services has ballooned to about 60 million yen. Japan Post is a well-known (and seemingly quite affordable) way to transfer money out of Japan, via its bank (Japan Post Bank). They've even created nifty (OK, very old-school) videos to guide you through the latter option, as well as explain any other Shinsei banking 101 questions you may have. 10. How do I check my transactions for my JP Post bank account? Start on the left, and keep with the usual spacing from there. Learning how to open a bank account in Japan as a non-resident is easy as long as you have all the necessary documents ready. It is a practical, convenient choice for many. 23, 2006 Treatment of Funds-Supplying Operations against Pooled Collateral in the Bank's Statistics Mar. As far as we've been able to ascertain, a Japanese debit card still doesn't seem to function like a debit card abroad, so for your own sake, just put 利用しない (don't enable/use), or 利用する (enable) if you want to try for shits and giggles. That, or you have to have a hanko (personal seal), as many banks won't accept a signature. Japan Post Bank was also involved in another series of illegal withdrawals, in which a total of nearly ¥100 million was stolen from the accounts of six clients of SBI Securities Co. Japan Post Bank and Post office ATMs. Postcode at the top, then your full address (preferably in Japanese, ask the bank clerk to help you if necessary; word has it romaji is considered acceptable these days too though) in the big white box, and a phone number you can be reached on in the boxes next to 電話番号 (denwa bango). 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). As of 2005, the president of the company was Masaharu Ikuta, formerly chairman of Mitsui O.S.K. This time, things were relatively straightforward, but do set aside a good hour or so to fill out all the forms and process everything. All of this is basically for domestic transfers only, though. Starting with the launch of 3250 access points, IPPB will be spreading its footprint and leveraging the vast postal network of nearly 1.55 lakh Post Offices and 3.0 lakh postal employees in every district, town and village of the country to serve you. Seven Bank ATMs, including those located inside Seven-Eleven convenient stores (available 24 hours a day, 365 days a year) 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. Try Rakuten instead). Home; Corporate Information. Easy peasy, lemon squeezy – provided you have all your paperwork in perfect order. I definitely cannot access the international transfer option back when I was on my first 6 months. One of our own failed to pull off the trick of submitting the papers neatly in one go because his first name alone, Yusuf, was considered suspicious enough to be on a terrorist watch list. Press question mark to learn the rest of the keyboard shortcuts. In short, are you a resident of Japan, and do you pay taxes here? In May last year, there were similar cases of improper withdrawals from Resona Bank accounts linked to … There are usually two of these, although you might be asked to fill in extras if you a) are American (you'll need to fill in a tax-related FATCA form too) or b) somehow do not qualify as an official resident yet because you've just moved to Japan and are still sorting out some paperwork (they'll make you fill in a non-resident form to technically register you as a 'resident' for filing purposes). The two forms you'll definitely need to fill out. 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