Foreign Currency Account

Foreign Currency account in Japanese Yen helps you to manage your foreign currency for future use in a very safe and convenience way. The account is applicable for all individual, corporate, Bank and MFI customers and is most suitable for customers who regularly makes payment in Japanese Yen.

Features

Currency 

JPY

Minimum Opening Balance 

JPY40,000

Minimum Ongoing Balance 

JPY400

Interest Rate 

Nil

Entitles

 
  • Account Statement
  • Access to Internet Banking
 

Cash Deposit

 
  • No fee charge if deposit in foreign currencies
  • Handling fee 2% applies if cash deposit in JPY currency and available for cash deposit only at main branch.
 

Cash Withdrawal

 
  • Unlimited cash withdrawal in US Dollars.
 

Early Closure fee 
(within 3 months)

JPY1,600.

Dormancy fee 
(No transaction for 12 months)                               

JPY400  or an equivalent amount.

 

 

Benefits

  • Free monthly statement
  • Unlimited cash withdrawal only in USD Dollars

Requirement

 

Individual: 

  • Individual aged from 18 years and above
  • Required documents include: 

                a. Valid National Identification ;  or

                b. Valid Passport; or

                c. Identification letter, birth certificate,  family book, or residential book.

  • Justification of occupation and source of fund
  • Complete application form of Sathapana Bank
  • Sample of your signatures or finger print

Legal Entity: 

  • Certificate of incorporation or registration issued by Ministry of Commerce
  • Memorandum and Articles of Association ( or statue)
  • Business license issued by relevant ministry and authority (optional)
  • Letter of approval from relevant ministry or authority (optional)
  • Resolution of Board of Directors
  • Copy of Passports/ ID of Directors/Authorized Signatories
  • Power of Attorney / Letter of Appointment or authorization ( optional)
  • Business Patent
  • Other registration Document ( if applicable)

How to apply

Please visit one of  our branches nearest to you and meet our expert who will warmly welcome and guide you through the process, or call us at 023 999 010 for more information. For our branch addresses, please follow here.

Or you can quickly complete online inquiry form here. Our team will contact you as soon as possible.