Deposit and Savings Account Numbering

Since January 2018, SBI Shinsei Bank has added "administrative procedures related to deposit and savings account numbering" to purposes of using Individual Number and personal information including Individual Number and has been asking customers to submit their Individual Number (My Number) to the Bank. However, the scope of the deposit and savings account numbering will change by the Act on Management of Deposit and Savings Accounts by Use of Individual Numbers Based on the Will of Depositors enforced in April 2024.
Details are provided below. Please submit the application form if you agree with numbering of your deposit and savings accounts.

1. Scope of deposit and savings account numbering

If you wish the numbering, we will confirm all deposit and savings accounts you have with the Bank with your information including your name and address etc to number the accounts. You cannot select target accounts.
Your latest name and address etc must be registered for the accounts you have with the Bank, since all deposit and savings accounts will be confirmed with your information including your name and address etc.
Depending on the account, the number may be done at a later date (up to 1 month later).

2. Use of Individual Number

Individual Number of a depositor will be used for identifying the depositor's deposit and saving accounts in the procedures under the Income Tax Act, the Livelihood Protection Law, the Deposit and Insurance Act and other laws and regulations.
The Bank will manage all deposit and savings accounts of its customers with their Individual Number.

3. Advantages of numbering deposit and saving accounts

The following are advantages of the numbering if the following operations are launched in or after 2025:

<Inquiring at the time of inheritance>
The bereaved family can query the ancestor's main financial institution in their inheritance procedures if the ancestor has numbered his/her deposit and savings accounts in advance. However, inquiry fees are required for inquiries by the bereaved family.

<Inquiring at the time of disaster>
At the time of a disaster such as earthquake, you can withdraw a certain amount of cash from your account you have with your main financial institution at the counter of the financial institution in the area to which you have evacuated, even if the area does not have your main financial institution or you do not have your passbook, etc.

4. How to apply for the numbering

Please send us the following documents if you wish numbering of your deposit and savings accounts.

- Registration of your seal and signature is required before sending your application if you opened your SBI Securities account and SBI Shinsei Bank account simultaneously via SBI Securities website. If you have any questions, please contact us through Web Form Consultation.

5. Numbering result

Numbering result will be provided in "Information Inbox" on PoweDirect.
If you only have an account that cannot use Power Direct, the result will be provided in the "Notice of Numbering Result" which will be sent by post.
Notifications may take up to 1 month.

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