Japan · 2026-10-12

How to Open a Japanese Bank Account: Online vs Traditional

Japan's online banks open accounts fast; traditional banks offer more. Documents for foreigners, residence cards and hanko, and whether tourists can apply.

Residence status and address first

The core hurdle in Japan is identity, not money: traditional banks and most online banks require a residence card plus a Japanese address, so tourists and short stays are effectively shut out. If you plan to settle, complete resident registration first.

Online banks: ten minutes in the app

Rakuten Bank, Sony Bank, Sumishin SBI Net Bank and PayPay Bank all have no minimum deposit: upload your residence card and identity checks in the app. Good for everyday payments and remittances.

Traditional: branch and hanko

MUFG Bank and SMBC have no minimum deposit but require a branch visit and usually a hanko. Suited to people needing cash services, loans or corporate banking.

Document checklist

Passport, residence card, Japanese address proof (resident certificate or tenancy contract), and a Japanese phone number; some banks also want a student or employment certificate. Your romanized name must match the residence card — mismatches are the most common rework.

Remittance and language

When remitting from Japan, watch FX fees and correspondent-bank deductions at each bank. Major banks have foreign-language desks; online bank apps are multilingual but support is mainly Japanese — for urgent matters, phone or branch is safer.

FAQ

Can tourists open a Japanese bank account?

Almost never. Mainstream banks require a residence card and a Japanese address, and tourists are usually refused. If you plan to stay, complete resident registration first.

What is the minimum deposit in Japan?

Online and traditional banks generally have no minimum — one-yen opening is common marketing. Watch for balance floors and monthly-fee conditions by account type.

Is a hanko (seal) required?

Mostly for traditional-branch paperwork; online banks accept e-signatures. Get your residence card and resident certificate first, then prepare per the bank's checklist.

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