Japan

Banking

Japan

AI-assistedUpdated 1d ago

A local account usually needs residency; Japan remains a cash-heavy economy.

Key facts

Foreigner can open account
With residency
Typical opening time
7 days
Cash economy
High
CRS reporting
Yes

Trust & sources

This page is based on information collected from the sources below.

Authorities consulted

Financial Services Agency (FSA)

Government authority

Government
Open website →

Japanese Bankers Association (JBA)

International institution

International
Open website →

National Tax Agency — income tax

Government authority

Government
Open website →

Procedures concerning Foreign Account Management Institutions

Government authority

Government
Open website →
View original references
  • Financial Services Agency (FSA)link
  • Japanese Bankers Association (JBA)link
  • National Tax Agency — income taxlink
  • Procedures concerning Foreign Account Management Institutionslink

Information may change over time. Always verify visa, tax, residency, banking, healthcare, insurance, property and legal requirements with the relevant authority before making important decisions.

Cities in Japan

FukuokaSapporoTokyo