Bank of Japan Osaka Branch Osaka Zhonghang 🏦

Account Opening & Remittance Methods Shared 🌸🍃 ☎️ Account Opening: Phone Appointment Required (See Figure 1): You will be asked: 🌇🌿 Your place of residence. It's said that residents of Tokyo cannot open an account at the Osaka branch. The purpose of opening the account (usually for remitting yen from China to Japan). 🌸🍃 Documents to bring: Residence Card Passport or Identity Card 🌇🌿 Individual Number Card Seal Bring the originals of all documents, or you won't be able to proceed. Schedule an appointment for account opening. 🌸🍃 📅 On the Day of Appointment: 1. Take a number upon entering, or inform the counter staff of the service you need. 2. Fill out the account opening application form. 🌇🌿 3. The teller will review your application and ask about the purpose of opening the account. 4. Complete the account opening procedures and receive instructions on how to use the account. 🌇🌿 5. Set up mobile banking, get the passbook, remittance instructions, electronic token, and the bank card will be mailed to your Japanese address within one month. 💳 Account Features & Usage: 1. For remitting up to 3,000,000 yen from the Chinese Zhonghang to the Japanese Zhonghang, the handling fee is only 1,500 yen. For detailed operations, see Figure 2 and the article from @A Grain of Rice in Osaka. 2. The daily and annual withdrawal and spending limits are based on the amounts filled in on the application form, which will be set by the staff (See Figure 3). 🌇🌿 3. The Japanese Zhonghang account allows deposits and withdrawals of yen (only by counter reservation) and spending (UnionPay card). It also supports transfers to and from other domestic Japanese banks (See Figure 4). The transfer fees are shown in Figure 5, with a minimum of 330 yen. 🌇🌿 Remitting yen from China to Japan through Zhonghang is, as far as I know, the most cost-effective solution. If you have any better methods, please feel free to share and discuss them. I would be extremely grateful! #ExchangeRate #BankOfChina #Osaka #Japan #LifeInJapan