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Business Bank Account
Posted: Sun Feb 14, 2021 6:35 pm
by glimmer
Any recommendations for a business bank account? My accountant advised going with an online bank but wouldn't recommend a specific brand.
I currently only have individual accounts with Japan Post Bank and Sony Bank. When I visited Shinsei and PRESTIA, they told me that they cannot provide business banking services.
Thank you.
Re: Business Bank Account
Posted: Mon Feb 15, 2021 12:26 am
by mule96
I cannot recommend Mizuho from own experience. I heard similar bad experiences from the other mega banks.
some of Mizuhos weak points:
- supports only internet explorer with certificates
- password reset is done via snail mail!
Re: Business Bank Account
Posted: Mon Feb 15, 2021 2:01 am
by glimmer
Appreciate the heads up! Will definitely avoid!
Internet Explorer??!!
But I guess Mizuho will be forced to switch as itβs bound to be discontinued in August 2021.
Re: Business Bank Account
Posted: Thu Feb 18, 2021 4:28 am
by Petronius
I just registered a kojin jigyou and opened a bank account at Japan Net bank.
Super easy process, all remote, well explained on their website.
https://www.japannetbank.co.jp/business ... cr=ba_gl03
Re: Business Bank Account
Posted: Thu Feb 18, 2021 4:47 am
by glimmer
Thanks for the heads up! I guess in April Japan Net Bank will change to PayPay Bank, which seems like positive news in terms of technological progression. Did you consider other banks as well but decided on Japan Net Bank through word of mouth? Also, any English support?
Re: Business Bank Account
Posted: Thu Feb 18, 2021 5:20 am
by mule96
I would be more curious not about the application process, but about the actual usage at all. But I also have hopes that online banks are more modern here.
Re: Business Bank Account
Posted: Fri Feb 19, 2021 2:00 am
by AreTheyTheLemmings?
My kabushikigaisha uses Japan Net Bank.
For the most part, it's a hassle-free experience.
Re: Business Bank Account
Posted: Fri Feb 19, 2021 3:16 am
by glimmer
Excellent news!! As tax time approaches, I guess the million yen question is, how straightforward is producing .CSV files for one's accountant for blue form deductions?
Re: Business Bank Account
Posted: Fri Feb 19, 2021 6:47 am
by AreTheyTheLemmings?
Re: Business Bank Account
Posted: Fri Feb 19, 2021 6:53 am
by glimmer
Excellent! Thanks!!