SHINSEI BANK

Available Currencies and Non-remittance country

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

List of Currencies

Currencies Available with GoRemit

Currency SymbolCurrency name
USDUS Dollar
CHFSwiss Franc
GBPUK Pound
HKDHong Kong Dollar
CADCanadian Dollar
SGDSingapore Dollar
AUDAustralian Dollar
SEKSwedish Krona
NZDNew Zealand Dollar
INRIndian Rupee
EUREuro
JPYJapanese Yen
  • If you wish to send funds in JPY (without converting to foreign currency), please contact us (9 a.m. - 5 p.m. on weekdays 0120-227-503) in advance as we may be unable to send JPY funds to certain banks.

Restricted Regions

Countries/regions to which remittances are not accepted

Countries/Regions
Afghanistan Syria Myanmar(Burma)
Yemen Libya Iraq
Sudan Lebanon Iran
Somalia South Sudan North Korea
Nicaragua Venezuela Cuba
Central African Republic Democratic Republic of the Congo Belarus
Avtonomna Respublika Krym ※ Mali Russian Federation
Donetsk People's Republic Luhansk People's Republic

※Refers to the Autonomous Republic of Crimea and Seva Sportoli, which have declared their annexation to Russia. In the international community it is the Crimean peninsula of Ukraine.

Countries/regions requiring caution

<In order to register beneficiaries or make remittances to these locations, documentation confirming beneficiary details and the source of funds, etc. must be provided.>

Countries/Regions
United Arab Emirates(UAE) Antigua and Barbuda Malta
Pakistan Aruba Marshall Islands
Three provinces of China The Bahamas Monaco
Albania Bahrain Montserrat
Barbados Bermuda Nauru
Belize Burkina Faso British Virgin Islands
Niue Cambodia Cook Islands
Samoa Cyprus San Marino
Jamaica Dominica Seychelles
Morocco Gibraltar St. Lucia
Senegal Grenada St. Kitts & Nevis
Uganda Guernsey St. Vincent and the Grenadines
Cayman Islands Isle of Man Mauritius
Jersey Turks & Caicos Islands Panama
Liberia US Virgin Islands Andorra
Liechtenstein Vanuatu Anguilla
Jordan Phillippines Turkey
Ukraine Haiti Azerbaijan
China, Unner Mongolia (Neimenggu) Georgia Kazakhstan
Moldova (the Republic of) Mongoila Sint Maarten (Dutch part)
Curacao

※Liaoning Province, Jilin Province, Heilongjiang Province.

Important points on the GoRemit Shinsei Overseas Remittance Service

  • In order to use the GoRemit Shinsei Overseas Remittance Service (GoRemit), you need to apply in advance.

<Overseas Remittance by transfer to our designated collection account>

  • When making transfers to our designated collection account, funds received by 3:00 p.m. on business days will be remitted after converted from yen to the foreign currency using the GoRemit TTS (Telegraphic Transfer Selling) exchange rate for that day. If yen funds arrive after 3:00 p.m., they will be converted and remitted on the immediately following business day using the GoRemit TTS exchange rate for that (the following) day.
  • In cases when Yen is the denominated remittance currency, funds received by 3:00 p.m. will be processed on the immediately following business day. Funds received after 3:00 p.m. will be processed on the business day after the immediately following business day.
  • The remittance fee is JPY 2,000 per remittance and is not dependent on the amount you remit. For remittances in Japanese yen, an additional lifting fee of 0.1% of the remittance amount (minimum charge of JPY 1,500) will be charged in addition to the JPY 2,000. Domestic transfer fees are borne by the customer.

<Overseas Remittance from Shinsei PowerFlex accounts (for individual customers)>

If you wish to make remittances with the GoRemit Overseas Remittance Service by withdrawing funds directly from your Shinsei PowerFlex account, you will need to register your PowerFlex account with the GoRemit app separately in advance.

  1. Remittance from Yen Deposit accounts
    • When making a foreign currency remittance by withdrawing from your Shinsei PowerFlex Yen Deposit account, remittance request instructions received before 3:00 p.m. on a business day will be remitted after converted from yen to the foreign currency using the GoRemit TTS exchange rate for that day. In cases when Yen is the denominated remittance currency, remittances will be processed on the immediately following business day. (Please note that foreign currency-denominated remittance request instructions cannot be sent after 3:00 p.m.. Yen-denominated remittance requests may be sent after 3:00 p.m., however funds will be remitted on the business day after the immediately following business day.)
    • The remittance fee is JPY 2,000 per remittance, and is not dependent on the amount you remit.
  2. Remittance from Foreign Currency Deposit accounts
    • When making a foreign currency remittance by withdrawing from your Shinsei PowerFlex Foreign Currency Deposit account, remittance request instructions received by 3:00 p.m. on a business day will be remitted on the following business day. For remittance request instructions received after 3:00 p.m., we will remit 1 day after the following business day.
    • The remittance fee is JPY 4,000 per remittance, and is not dependent on the amount you remit.
    • Intermediary banks overseas may deduct fees. In addition, beneficiary banks in some countries may also levy charges.
    • Depending on the beneficiary country and bank, funds will typically arrive within 1-3 business days after we make the remittance, however screening processes and local banking practices on the beneficiary end may cause delays in some cases.

  • Intermediary banks overseas may deduct fees. In addition, beneficiary banks in some countries may also levy charges.
  • Depending on the beneficiary country and bank, funds will typically arrive within 1-3 business days after we make the remittance, however screening processes and local banking practices on the beneficiary end may cause delays in some cases.