Receiving Funds from Overseas
Receiving funds from Overseas / Receiving foreign currencies from Domestic financial institutions
In accordance with the Individual Number system effective from January 2016, customers who wish to make or receive international fund transfers are required to register their Individual Number (also called “My Number”) with us.
Fees and currencies available for fund transfers to Shinsei Bank
Shinsei PowerFlex account accepts the following currencies including Japanese Yen.
|Currencies||Accounts to be Credited||Fees*1|
Credited into the savings account of the same currency
- *1The fees associated with deposit processing by Shinsei Bank. Please note that the intermediary and sending bank may charge a separate fee.
- *2Acceptable only for transfers madefrom Japanese domestic financial institutions.
Necessary information to receive money
Please write the necessary information in English Alphabet on the "APPLICATION FORM FOR REMITTANCE WITH DECLARATION" the sending bank provides. Please refer to the sample below.
[Notice]If you wish to receive funds in the originally transferred foreign currency into your Shinsei bank account, please instruct the sending bank to transfer the funds to your Shinsei bank account without converting to Japanese Yen.
- *1Please contact at PowerCall if you need additional information other than SWIFT Code.
- *2Please fill in the branch name and address corresponding to the branch code on the cash card (The branch code 400 is Head office).
Please see theBranch Listto check the branch code, name and address. We have a new branch name and address if the branch you've opened the account has already been closed.
Registration of your Individual number (My number) is necessary when receiving funds from overseas. Please note that we may inquire about the circumstances and details in regards to funds transferred from overseas. In addition, we may also ask for some documents as evidence for the overseas transfer. "Advice of remittance" with the remitter's name, amount and message (if there is any) will be sent from Shinsei Bank after the funds is deposited. If the amount of fund transfer to Shinsei Bank from overseas is 30,000,000 yen equivalent or more, the "Report of Payment" will be mailed to you. Please fill in the relevant information and send it back to us.