How to Open a Bank Account in Japan

For many expatriates, establishing a bank account in Japan can be a complex task due to language barriers and unique local banking regulations. This guide by Kurasupport provides an overview of the most foreigner-friendly banks and the steps required to open your first account.

Recommended Banks with English Support

For most residents, a standard savings account (futsu yokin) will be the primary requirement. The following banks are highly recommended for their English-language accessibility

Sony Bank :

Known for its simplicity, Sony Bank allows you to complete the entire application process via your smartphone in English. They do not require a personal seal (hanko) and offer the advantage of holding multiple foreign currencies with low-cost international remittance services.

PRESTIA (SMBC Trust Bank) :

A well-established choice among the expat community, PRESTIA offers reliable English support both online and at specific branches. A hanko is generally not required for account setup.

Seven Bank :

This online-focused bank is favored for its English interface and the convenience of its ATM network located in 7-Eleven stores nationwide. Note that it currently does not support receiving funds from overseas.

Japan Post Bank (Yucho Bank) :

While English support varies by branch, this bank is essential for those living in rural areas due to its extensive ATM coverage. It is advisable to visit a major branch in urban areas for a better chance of finding English-speaking staff.

Shinsei Bank (SBI Shinsei Bank) :

Popular for its comprehensive English online banking platform. Typically, they require applicants to have resided in Japan for at least six months, though this requirement may be waived for those with local employment contracts.

Essential Checklist for In-Person Applications

If you are visiting a branch to open an account, ensure you have the following items ready:

1. Valid Passport (with a long-term visa; 90-day temporary visas are not accepted).

2. Residence Card (Zairyu Card).

3. Certificate of Residence (Juminhyo) displaying your "My Number."

4. Japanese Phone Number.

5. Proof of Employment (such as a contract or business card).

6. Personal Seal (Hanko) (though many modern banks now accept signatures).

7. Cash for the Initial Deposit (even a small amount like 1,000 yen).

8. Tax ID Number from your home country (if applicable).

Opening a bank account is a vital step in settling into your new life in Japan. Choosing a bank that aligns with your language preferences and location will make your financial transition much smoother.