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Expat Advice: Financial Issues in Tokyo, Japan

Submitted by ResearchTeam

What is the name of the city or town that you are reporting on?

Tokyo

Which banks do you use? If you have a local account, which bank do you use? How do you like it? Do you also have an account in your home country? Which bank? Do they charge for ATM withdrawals? Do they charge a lot for international wire transfers? How has it been working with them from abroad? Do you use a special international wire transfer service? Do you use an online bank? If so, tell us about them.

The Post Office, one of the main banks in Japan, provides banking services in Tokyo. Other banks and financial institutions in the city include Mitsubishi UFJ Financial Group, Sumitomo Mitsui Banking Corporation, Resona Bank, Citibank Japan, and Japan Post Bank. Foreign banks such as HSBC and Standard Chartered also have branches in Tokyo. Additionally, there are many online banks and credit unions that offer banking services in Tokyo.

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