Foreign currency ordinary deposit accounts (for Non-Residents of Japan)
Having an account will enable you to flexibly deposit funds by converting Japanese yen into a foreign currency (US dollars, Euros, Australian dollars, Hong Kong dollars).
Features of Foreign currency ordinary deposit accounts (for Non-Residents of Japan)
-
Freely choose between
four different currencies -
Choose between four currencies, US dollars, Euros, Australian dollars and Hong Kong dollars, thereby enabling you to flexibly manage your money in line with fluctuations in the exchange rate.
Please read the description carefully before applying to open an account
Who can apply for a Foreign currency ordinary deposit accounts (for Non-Residents of Japan)
- *Company employees who have been living in Japan for less than six months but are scheduled to work in Japan for at least one year and their family members are considered to be residents.
Applicable Currencies
US dollars, Euros, Australian dollars, Hong Kong dollars
Exchange Fees (at branches)
| US dollars | Euros | Australian dollars | Hong Kong dollars |
|---|---|---|---|
| 1yen | 1yen | 1yen | 0.43yen |
As of March 1, 2021
- *No consumption tax is levied on the above commissions.
- *As the above commissions are subject to change, please confirm for each transaction.
- *Foreign currency cannot be withdrawn in cash at branches or from ATMs.
- *Deposit interest rate: please contact us for information
- *Foreign Currency Time Deposits are not covered by deposit insurance
- *Please check the Account Guide for information on the risks involved, how to deposit and withdraw funds, how interest is paid, and the various fees we charge, etc.
Foreign currency ordinary deposit accounts
- Foreign Currency Ordinary Deposits entail exchange fluctuation risk. There is a risk that, due to exchange rate fluctuations, the amount you receive upon conversion of the principal and interest from the foreign currency into JPY may be less than the JPY amount you initially deposit when the foreign currency deposit is created (a loss of principal on a Yen basis).
- Foreign Currency Ordinary Deposits are not covered by deposit insurance.
- Please check the Account Guide for information on the risks involved, how to deposit and withdraw funds, how interest is paid, and the various fees we charge, etc.
Foreign currency ordinary deposit accounts (for Non-Residents of Japan)
- Foreign Currency Ordinary Deposits entail exchange fluctuation risk. There is a risk that, due to exchange rate fluctuations, the amount you receive upon conversion of the principal and interest from the foreign currency into JPY may be less than the JPY amount you initially deposit when the foreign currency deposit is created (a loss of principal on a Yen basis).
- A foreign exchange commission fee applies upon conversion of JPY into foreign currency (at the time of deposit) and conversion of foreign currency into JPY (at the time of withdrawal) (e.g. 1 Yen per 1 US dollar, or 1 Yen per 1 Euro) (for deposit and withdrawal respectively, the applicable conversion rate, including the commission fee, will be the telegraphic transfer selling rate (TTS rate) (at the time of deposit) and the telegraphic transfer buying rate (TTB rate) (at the time of withdrawal), as determined by the Bank with reference to market rates). Therefore, even where there is no change in the foreign exchange rate, there is a risk that, as a result of the foreign exchange commission fee to be incurred both at withdrawal and deposit (e.g. 2 Yen per 1 US dollar, or 2 Yen per 1 Euro), the amount you receive upon conversion of the foreign currency into JPY may be less than the JPY amount you initially deposit when the foreign currency deposit is created (a loss of principal on a Yen basis).
- Please make a final decision on whether to apply for a contract by yourself.
Tokyo Star Bank
Tokyo Star Bank is a subsidiary of CTBC Bank Co., Ltd. (CTBC Bank), one of the largest private financial institutions in Taiwan
Our relationship with CTBC Bank helps us meet the diverse needs of our customers.
Our shareholder, CTBC Bank (official name: CTBC Bank Co., Ltd.), is Taiwan's largest private bank and the primary subsidiary of CTBC Financial Holding, a major financial group in Taiwan. Operating globally through its worldwide network, Tokyo Star Bank continues to achieve tremendous growth.
