About GoRemit

Need to send funds overseas? Learn more about GoRemit.

Shinsei Bank Overseas Remittance App GoRemit (for individuals) now available

The Benefits of Choosing GoRemit

image:Free to sign up!

Free and Easy to sign up!

The Shinsei Bank Overseas Remittance App "GoRemit" (for individuals) is available!

Applications can be made at anytime and any place by simply inputting the necessary information and photographing the required documents.

What is GoRemit App?

Applications by post are also accepted. No fee to register.

How to apply by post(Create PDF on website)

image:Great Value!

Great Value!

From JPY2,000 per remittance.

(Overseas bank charges may apply)

Japanese Yen remittances are subject to an additional charge of 0.1% of the amount sent (minimum charge of JPY1,500).

More details of fees

image:Quick and Easy!

Quick and Easy!

Once your registration is complete, simply make a domestic transfer to GoRemit's designated collection account via ATM* or Internet Banking. GoRemit then completes the overseas remittance.

  • Some ATMs may not offer the domestic transfer feature.
image:Bilingual Telephone Support!

Bilingual App and Telephone Support!

The Shinsei Bank Overseas Remittance App (GoRemit) and telephone support are available in both Japanese and English.

Worldwide Remittances!

With GoRemit, you can send funds to a wide range of over 170 countries worldwide.

12 Currencies Available!

GoRemit currently offers 12 currencies for overseas remittances (restrictions exist on where certain currencies can be sent).

Daily Exchange Rates!

You can check our daily exchange rates* on our website, or have them e-mailed to you directly!

  • Rates are fixed at 10:00am and valid until 3:00pm (Weekdays only).

Flexibility!

You can register as many beneficiaries as you need at no extra cost!

How GoRemit Overseas Remittances WorkEFees

GoRemit sends international wire transfers (remittances) via a system called SWIFT (Society for Worldwide Interbank Financial Telecommunication). Funds are sent to an Intermediary Bank before being sent to the final beneficiary bank in the destination country (Depending on the beneficiary bank, it may be necessary to send funds via more than one Intermediary Bank).

Overseas Remittance FeesiIndividuals)

Overseas Remittance FeesiIndividuals)
Overseas Remittance FeesiIndividuals)

Fees arising outside Shinsei Bank

Depending on the beneficiary country and bank, intermediary banks overseas and beneficiary banks may dedcuct fees. Intermediary and beneficiary bank fees will be decuted from the remittance amount.

Fees arising outside Shinsei Bank

Types of fees

Types of fee Description Payment Destination
Intermediary bank fee This fee is incurred at banks that funds are routed through to reach the beneficiary bank. It is sometimes called a correspondence fee. Intermediary Bank
Beneficiary Bank fee The fee incurred at the beneficiary bank. It is sometimes called a receiving fee. Beneficiary Bank

In general, we are not able to advise customers of overseas bank fees in advance.

Shinsei Bank Overseas Remittance App GoRemit (for individuals) now available

Flow from Application to Remittance

STEP 1

Application

Register your personal and remittance destination details by submitting an application form and supporting ID and My Number documents.

STEP 2

Receive your "Registration Letter"

Once your application is complete, your Welcome Pack will be sent to your home address.* Your Welcome Pack contains your "Registration Letter, which shows your registered details, as well as our domestic collection account to send funds to.

  • Your Welcome Pack is sent by non-forwardable restricted delivery mail, which must be collected by you in person.

STEP 3

Transfer of Remittance Amount

Transfer the total amount of remittance amount in JPY (including remittance fee) from your Japanese Bank Account* to GoRemit's designated collection account (Business Users must send a separate remittance request via our Online Service or by FAX).

  • Funds must be sent from an account in the registered user's name. Remittances from a third party cannot be accepted.

STEP 4

Remittance

GoRemit will transfer funds overseas after exchanging the amount to the selected foreign currency* at that day's TTS exchange rate. Once the transfer has been sent, you will receive a notice called an "Advice of Transfer" containing all of the remittance details.**

  • If you have selected the currency of remittance as JPY, funds will be sent without conversion.
  • This is not a notice of arrival of funds at the overseas account. Funds may take 1-3 business days to arrive.

STEP 5

Arrival of Funds

Funds will arrive at the final beneficiary bank after being processed via an intermediary bank.*

  • Overseas Intermediary Bank and final Beneficiary Bank fees may be deducted from the remittance amount.