TsukuBlog

A Local Perspective on Life in Tsukuba, Ibaraki, Japan.

ID required for Bank Transfer of over 100,000yen

Due to the identification law amendment from 4th Jan, 2007, you cannot use the ATM anymore for sending more than 100,000 yen worth of cash, and you have to show your ID at the counter of banks and post offices when you do it. Note: this requirement is only for sending CASH. If you use a bank transfer from your own bank account, you can still transfer more than 100,000yen, and ID is not required because it was already checked when you opened the account.
-> For detailed information, please refer to this site:
http://www.fsa.go.jp/policy/honninkakunin/index.html

Happy banking!

Kate



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