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Q: Bank Account In Japan For Canadian Resident ( Answered,   0 Comments )
Subject: Bank Account In Japan For Canadian Resident
Category: Business and Money
Asked by: paristhedog-ga
List Price: $100.00
Posted: 13 Apr 2006 20:11 PDT
Expires: 13 May 2006 20:11 PDT
Question ID: 718740
I am looking to open a personal bank account in Japan from Canada or
in Japan. I know that there is one bank in the US that has done this
and I know of someone in Canada that was able to open one. I am
willing to fly to Japan but need to arrange an appointment and no
banks in Japan seem to have e-mail. I will not have an alien
registration card (as my stay will be less than 90 days)but do have a
valid passport. I need specifics for a bank that will do this and an
e-mail address for the bank so I can reach someone there.
Subject: Re: Bank Account In Japan For Canadian Resident
Answered By: hummer-ga on 14 Apr 2006 08:56 PDT
Hi paristhedog,

The best/easiest/most cost effective solution for you would be to open
an account with Citibank Canada.  You will receive a Citibank Banking
Card which you will be able to use in Japan via ABM (ATM) machines.

>> Citibank Canada

Citibank is the best bet for most visitors to Japan, as it offers
7day/24h ATM service, accept foreign cards and is free for Citibank
(or associate) card holders. The drawback is that they aren't as
numerous as Japanese banks or post offices.
Check the list of Citibanks in Japan below:

Citibank branches in Japan

Citibank Canada FAQ
How do I open an account with Citibank?
"If this is your first account with us and you are a resident of
Canada, submit the completed application by mail along with a cheque
drawn on a personal bank account in your name held at another Canadian
Financial Institution for the initial deposit."

Citibank Banking Card
"Use it to get cash at over 820,000 ABMs worldwide or make purchases
at select merchants."

Citibank Chequing Accounts

CitiPhone Banking Centre
Need Assistance? No matter what you need help with, no matter where
you are, you can always reach us.
By Phone:
Call the CitiPhone Banking Centre
24 hours a day, 7 days a week
Toll-free across Canada & U.S.: 1-800-387-9292
In Toronto: 416-947-4100
Call collect from outside North America: 416-947-4100
By Fax:
Toll-free across Canada and the U.S.: 1-800-226-7705
In Toronto: 416-947-5498
By Mail:
Citibank Canada
Retail Banking Administration Centre
P.O. Box 4436, Station A
Toronto, Ontario M5W 3Z1
In Person:
Citibank Canada
Citigroup Place
123 Front Street West, Suite 1700
Toronto, Ontario M5J 2M3

If Citibank isn't suitable for you, the Bank of Tokyo-Mitsubishi may
be the next best thing because apparently they will open an account
with only one form of identification: a valid Driver's License, valid
Passport, *OR*  Foreign Resident Registration Card.

>> Bank of Tokyo-Mitsubishi

"I was going to wait until my work visa arrived before trying to open
an account. But then somebody suggested I go to Tokyo Mitsubishi Bank
in Roppongi. Easy! I opened up a regular passbook account, and all
they needed to see was my passport. I even had the option of a Pooh
Bear ATM card."

Bank of Tokyo-Mitsubishi UFJ 	
Customer Identification
"Since October 1990, the Government has required Japanese banks to
identify the name and address of customers when they open a new
account and/or perform large cash transactions. With the enforcement
of the "Law on Customer Identification by Financial Institutions" and
the "Foreign Exchange and Foreign Trade Law (Amended)," the following
changes have come into effect as of January 6, 2003. These laws apply
to overseas branches of Japanese banks as well as banks or branches of
foreign banks in Japan.
1. Identification Items
(1) Individual customers - Name, address and date of birth In the
event a transaction is initiated by a proxy, identification of the
proxy is also required.
2.Transactions Requiring Identification
Banks will request customer identification when a customer:
(1) Opens a new account, rents a safe deposit box, enters into a
custodial transaction, etc.
3. Identification Documents
(1) Individual customers Valid Driver's License, Valid Passport, or
Foreign Resident Registration Card

Bank of Tokyo Mitsubishi, Roppongi Branch
4-9-7 Roppongi

Money Exchange
Bank of Tokyo-Mitsubishi group
Roppongi Hills Mori-Tower 6F,6-10-1 Roppongi

Toronto / Montreal / Vancouver

Bank of Tokyo-Mitsubishi (Canada)  	 
    * North America > Canada > Ontario > Toronto
      Address: PO Box 42, Suite 2100, South Tower, Royal Bank Plaza, 
      Toronto, ONT M5J 2J1, Canada
      Phone: +1 416 8650220
      Fax: +1 416 8659511
      Email link

Japanese contact 
The Bank of Tokyo-Mitsubishi Ltd  	 
    * Asia > Japan > Tokyo > Tokyo
      Address: 7-1 Marunouchi, 2-chome, Chiyoda-ku, Tokyo 100-8388, Japan
      Phone: +81 3 932401111
      Fax: +81 3 932404197
      Email link

>> Additional Links of Interest

Following are a list of Canadian banks which have branches in Japan. 
You could contact the branches nearest to you and ask about Japanese

>> The Bank of Nova Scotia

Japanese Contact

Canadian Contact

>> Royal Bank of Canada

Japanese contact

Canadian contact

>> The Toronto-Dominion Bank

Japanese contact

Canadian contact

>> Canadian Imperial Bank of Commerce

Japanese contact

Canadian contact

>> First Commercial Bank

Japanese contact

Canadian contact

Opening a bank account in Japan
"Opening a bank account should be a fairly straightforward thing if
you have a proper visa (one year or more) and your alien registration
card (no need to take your passport in that case). Most big banks have
bilingual application forms in Japanese and English. Ask for the right
counter and papers, fill the application and submit it when your
waiting number is called. It should just take a few minutes. Some
banks might ask you for your "hanko" (personal stamp with your name on
it). As foreigners are not supposed to have one (you can if you want,
but it is not obligatory), you can just sign instead."

?Travel to Japan? 

I was glad to work on this for you. If you have any questions, please
post a clarification request and wait for me to respond before
closing/rating my answer.

Thank you,

Some of the Google search terms used:  
Japan banks accounts canada canadian open account japanese citibank
Bank of Tokyo-Mitsubishi Roppongi
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