Please click here for opening accounts if the applicant is a foreign national
Please click here in regards to Foreign Account Tax Compliance Act (FATCA) and for customers who are considered to be U.S. citizens under FATCA (U.S. taxpayers)
Download the PDF file "Product Description of Foreign Currency Deposits to be confirmed prior to concluding the Customer Agreement on Foreign Currency Savings Deposits for PowerFlex Account".
Those who will borrow a housing loan from Shinsei are required to have an account with Shinsei Bank to settle the loan. Therefore an application form for Shinsei home mortgage doubles as an application form for PowerFlex account as a loan settlement account. (An account Shinsei Bank offers to individual customers is PowerFlex account only.) When your home mortgage application is screened and approved for loan disbursement, your PowerFlex account will be opened. As PowerFlex account is a comprehensive account which has a function of foreign currency deposit account (including foreign currency savings deposit account), customer are entitled to make transactions of foreign currency deposits when PowerFlex account is opened and you wish. According to the Financial Instruments and Exchange Law effective September 30, 2007, financial institutions (1)assume the responsibility for making a full explanation to make customers understand about such financial products with risks of non-guaranteed principal as foreign currency deposits, and (2)are required to deliver the prescribed document to customers before making an agreement of foreign currency deposits transactions etc. before opening an account in case of a foreign currency savings deposit transactions. Therefore, when opening a PowerFlex account which is accompanied with foreign currency savings deposit account, you are required to read, understand, and confirm the content of "Product Description of Foreign Currency Deposits to be confirmed prior to concluding the Customer Agreement on Foreign Currency Savings Deposits for PowerFlex Account".
Please download the PDF file "Product Description of Foreign Currency Deposits to be confirmed prior to concluding the Customer Agreement on Foreign Currency Savings Deposits for PowerFlex Account" below after you agree to the followings. You are required either to have the file printed out or to save it on your PC for your copy.
Adobe Reader distributed by Adobe Systems is necessary to view the PDF file.