Before reading this article, if you haven’t opened your savings account in Yucho-Bank yet, you read this article first “how to open a bank account in Japan” and prepare for opening an account
There are two ways to go through the remittance procedure at Yucho Bank to remit money from Japan to another country between bank accounts.
Regarding Yucho direct, it is much easier way to remit money to another country but the problem is that this internet banking system is all in Japanese. A foreigner who don’t understand Japanese needs to go all the way to Yucho Bank directly. This time, I want to introduce the paper-base remittence procedure at a post office.
- 1 What you need to bring to a post office
- 2 Remittance available countries
- 3 Remittance charge
- 4 Maximum remittance
- 5 How to fill out an international remittance form
- 6 Other services
What you need to bring to a post office
International remittance request form (for remittance between bank accounts)
This is an application form of international remittance. It is called, “国際郵便振替請求書(口座間送金用)” (Kokusai Yuubin Furikae Seikyuusho, (Kouzakan Soukinyou)). You can’t get this form from a widow or a tray of a worktable at a post office. However, you just check if a post office you are going to deals with international remittance beforehand.
Bank Inkan (Stamp)
This is Inkan you made when you initially opened a savings account in Yucho Bank.
Either of ducoments such as
- Driver’s license
- National insurance card
- Resident card (visa)
- Resident certificate
Document that describes My Number (if you don’t register your number into your bank account)
If you haven’t registered “MY NUMBER” to your savings account, you need to bring a document that tells your “MY NUMBER” (Japanese Social Security Number)
If you don’t have “MY NUMBER”, You can’t go thorugh the remittance procedure. You should apply for MY NUMBER as early as possile if you have a plan to remit your moeny to your country.
Remittance available countries
|Remittance between account (window)||4,000 yen|
|Remittance between account (Yucho direct)||2,000 yen|
Yucho Bank doesn’t set remittance limit when you go through the procedure from a window. However, if the remittance ammout is extraordinary big money, there is a remittance screening before the procedure. Yucho Bank doesn’t define clearly from how much it considers that “big money” becomes.
For your reference, the following table is about remittence limitation of Yucho direct (internet banking). Please use Yucho-direct remittance limit standard as rough clieria when you think about how much you remit
|Per transaction||less than 1 million yen|
|Per day||less than 2 million yen|
|Per month||less than 5 million yen|
Remittance screening if your remittance amount is judged as “big money”
How to fill out an international remittance form
Except for the column of the reason of your remittance, you shall fill in the form with uppercase
|Investigation request||3,000 yen|
|Cancellation request||3,000 yen|
|Accident correction||3,000 yen|
|Reissuance of exchange certificate||3,000 yen|
- You can’t request re-issuance of exchange certificate issued in the United States
- Possible term of investigation request is differnet depending on the country
- This charge doesn’t cost you consumption tax
When finding out the fact that money you remitted has not reached to someone yet, Yucho uniquely investigate it within 6 months. This service is for those who remit money directly to someone’s address. If you use remittance between accounts, there are no such troubles.
After remmitance procedure is done, when you realize a mistake on an international remittence request form you filled, you can make a cancellation request.
After sending remittance message from Yucho bank to a financial institution of the concerned country, if there is something wrong in remittance transaction at a financial institution of the concerned country, accident correction charge will be automatically
Accident correction is drawn from your Yucho account.