Living Guidebook for Foreign Nationals in Iwate

Living Information

Types of Financial Institutions

Deposit Accounts

Bank Book

Bankcard

Bank Transfers

Direct Debit

International Remittance

Foreign Currency Exchange

Loans

Credit Cards

Types of Financial Institutions

Financial institutions in Japan come under the following categories.
○ Central Bank …Bank of Japan
○ National …Post Office, Housing Loan Corporation, etc.
○ Private …banks (ordinary, trust, long-term credit, etc)

…medium/small-size enterprise (credit union/cooperative, etc.)

…other (agricultural cooperative (JA), insurance companies, investment companies, etc.)

These different categories cover different financial needs, but if you just want to open a bank account, make direct debits ( >> Direct Debit, >>Bank Transfers), pay money into an account, etc., then branches of the ordinary banks, credit banks, post offices or JA will be convenient.