Banks in Tokyo

Banks in Tokyo provide quality customer services. People of Tokyo depend on these financial institutions for different monetary transactions. A number of regional banks as well as foreign banks have set up their branch offices in Tokyo. A majority of the the banks in Tokyo that provide commercial and retail services are listed private corporations.

Retail Functions of Banks in Tokyo
Tokyo Banks offer retail services to individual customers. These retail banking functions include:

Savings accounts - Personal savings accounts vary from 'Daily Deposit' to 'Time Deposit', Accounts', and 'Travel time deposit accounts'. Deposit Accounts - The deposit accounts are in the forms of: i) free-rate large time deposit schemes, ii) value ace 6 months deferred regular income scheme, iii) super regular deposits, iv) split time deposit schemes.

• Foreign Currency Deposits - Tokyo banks operate multiple forms of foreign currency deposit accounts. These can vary from 30 days to 365 days.
• Personal Loans - Personal loans for acquiring houses, or automobiles are offered to willing customers. Some banks also provide education and bridal loans.
• Card services - Most of the Tokyo commercial banks offer debit and credit card services to their customers.
• Wealth Management Services - Investment and wealth management services are provided by majority of the retail banks of Tokyo.

Corporate Services of Banks in Tokyo
Tokyo banks provide corporate service in addition to personal services. The services offered under corporate banking include:

• Business Loans - Long term and short term business loans at easy rates are offered to corporate clients for venturing into new business or expand the existing setup.
• Flat Automatic Transfer Service - This service enables transfer of funds from one account to another account. This service is particularly helpful for multiple location organizations.
• IPO Support - Venture capital firms can avail of the Initial Public Offer (IPO) support .provided by Tokyo commercial banks for issuing public shares
• Business Consultancy - Tokyo banks provide economic and commercial viability reports for new business ventures
• Acquisitions and Mergers - The banks helps in strategic planning, company evaluation, and merger procedures for any take-overs.

The banks have set up their ATM counters at the important locations of the city. Customers of Tokyo banks can easily access their money by using their ATM cards. Certain banks also issue credit cards for the convenience of the customers. Many of the banks also offer Internet banking services.

Money exchange facilities can be availed from some of the banks in Tokyo city. People from other countries working in Tokyo can avail the facility of sending money to their family members on paying a certain amount of money.

Some of the reputed banks in Tokyo are

• Standard Chartered Bank
• The Hokkoku Bank
• Metrobank
• The Bank of Fukuoko Ltd
• National Australia Bank Ltd
• The Awa Bank Ltd
• The Mitsubishi Trust and Banking Corp
• The Kagawa Bank Ltd
• The Joyo Bank Ltd
• The Sakura Trust & Banking Co Ltd.