The banks of Japan act as the economic base of the booming economy of the country.
There are a number of regional, national and
international banks in Japan . Japanese banks provide service to their customers five days a week from Monday to Friday for six hours. Apart from the Japanese banks many international banks has settled their base in this country. Many
banks of Japan have also opened branches all around the world like for example ‘The Bank of Tokyo- Mitsubishi' which has113 international branches.
Some of the major banks in Japan are Aomori Bank, Awa Bank, Bank of Kyoto, Chiba Bank, Chubu Bank, Daiwa Bank, Fukuoka Bank, Higo Bank, Iyo Bank, Kagoshima Bank, Kyushu Bank, Mizuho Bank, Sakura Bank, Shimizu Bank, Tokyo Tomin Bank and Yamagata bank.
SG Private Banking Asia Pacific, the bank operating around Asia, has a major branch in Japan. Lehman Brothers an American institution of has one of their headquarters located in Tokyo. Many banks in Japan are getting merged to become big and more efficient.
All the banks of Japan give their customers ATM facility and cash dispensers. The negative thing of these facilities is that these are not accessible on weekends and at nights. Foreigners can also open an account in the Japanese banks by getting an Alien Registration Card. Foreign credit cards cannot be accessed from all the ATMs only the international ATMs in the airports and post offices offer such service. Banks of Japan helps the citizens to submit the telephone, electricity and other bills.
