One of Japan’s biggest online banks, a venture between SBI and Sumitomo Mitsui Trust. It grades accounts to grant free ATM and transfer allowances, with full FX deposit and loan product lines.
Requires a Japanese mobile number and residence card; short-stay visitors cannot apply. Onboarding is in-app eKYC.
These are stable, standing account benefits (not time-limited) — available as long as you qualify:
Limited. Foreigners with a residence card, a Japanese mobile number and address can apply; short-stay visitors cannot.
No initial deposit and no minimum balance — the account can be opened at zero.
A Japanese mobile number, residence card (both sides), a Japanese address, and My Number where required.
In-app eKYC takes about 10–20 minutes, with review usually within a few days.
Common reasons: no Japanese number, too little remaining residence, inconsistent details, or failed KYC.
Standing benefits: No Monthly Fee, No Min Deposit, Fully Online, Digital Bank, Fast Approval. Promotions change by region and quarter — always check the bank's official promo page (verified 2026-10).
Having documents ready lowers the chance of rejection; policies change, so confirm with the bank before applying.