Important Matters Concerning Foreign Currency Deposits

Overview of Foreign Currency Transactions by Minors

I have read and understood the following statement to open a foreign currency savings account.

Limits to foreign currency transactions

The foreign currency savings transactions offered by Sony Bank to customers aged 15 and older are for using the Visa debit function of Sony Bank WALLET provided by Sony Bank and means of deposit and withdrawal to foreign currency savings accounts are limited as follows. Please read carefully and ensure you understand matters before proceeding with the transaction.

Available foreign currency transactions :

  • Opening of a foreign currency savings account (*1)
  • Cancellation of a foreign currency savings account (*2)
  • Outgoing foreign currency remittance (from Sony Bank) (*3)
  • Incoming foreign currency remittance (to Sony Bank)

Sony Bank WALLET Visa debit function :

  • Local currency withdrawal at overseas ATMs
  • "Yen Account Assistance" function
  • Settlement in foreign currency
  • Opening of an account in Brazilian Real or Chinese Yuan (CNH) is not available.
  • The principal and unpaid interest at the time of account cancellation will be deposited into the customer's yen savings account in yen.
  • Outgoing foreign currency remittances are only available to customers physically located in Japan.

Unavailable foreign currency transactions :

  • Buying of foreign currency
  • Selling of foreign currency
  • Application for time deposits in foreign currency
  • Application for structured deposit in foreign currency

Lifting limits on foreign currency transactions

When a customer turns 20 years old, he/she can perform all foreign currency transactions with Sony Bank.

Notes on traveling abroad

  • If you are the registered guardian, you may transact or inquire, etc. on behalf of your child
  • You may not use Sony Bank WALLET Visa debit function overseas even if you have no security issues. If you are traveling overseas, we recommend you carry other credit cards than Sony Bank WALLET with you just in case.
  • If you have any trouble using your Sony Bank card overseas, please contact the English help desk.
  • Also, please read about and ensure you understand Sony Bank WALLET before you travel overseas.