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SBI/NISA: putting money into the account
Posted: Tue May 29, 2018 7:32 am
by inaka_rob
What is the best way to put money in the SBI/NISA account?
A: What is the best way to put a one time payment in? They want us to get an ATM card just to deposit money. Do we really have to get an ATM card? Do we have to pay furikomi every time?
B: Is there a way to set up automatic monthly pay from our regular J-bank to the SBI/NISA account?
Re: SBI/NISA: putting money into the account
Posted: Thu May 31, 2018 6:11 am
by Akatani
When I signed up I read that Post Office accounts had free furikomi to the SBI accounts, so I just did it that way. Whenever I want to put money in, I initiate the furikomi from the SBI site, which opens the Post Office online banking. It's pretty easy after the first time.
Re: SBI/NISA: putting money into the account
Posted: Thu May 31, 2018 8:51 am
by Jamo
I opened an SBI hybrid account. Makes deposits and withdrawals very easy (instantaneous and free). They also give you a debit card, also handy for online purchases (I don't like credit cards). And the card gets you free withdrawals at 7-eleven, Family Mart etc.
Re: SBI/NISA: putting money into the account
Posted: Sun Jun 03, 2018 6:52 am
by Tomthumb16
SBI has a tsumitate NISA account which comes out of your account every month. Only downside is you can only contribute ¥400,000 per year.
Re: SBI/NISA: putting money into the account
Posted: Mon Jun 04, 2018 3:46 am
by goodandbadjapan
I had similar questions and phoned them up. It seems that if you have an online account with one of the approved banks on their site you can do it free through internet banking (the post office is indeed one of those that you can use.) Otherwise you can send by furikomi from any bank account to one of SBI's three accounts that they have on their site, but will have to pay a furikomi fee. I'm trying to set up the former but now have to go to the bank to tell them that SBI won't use my middle name (means my name is too long) so can my bank adjust my account name accordingly or at least note that even without the middle name the bank account and SBI account are held by the same person. This should be fun.
Re: SBI/NISA: putting money into the account
Posted: Mon Jun 04, 2018 3:56 am
by RetireJapan
goodandbadjapan wrote: ↑Mon Jun 04, 2018 3:46 am
I had similar questions and phoned them up. It seems that if you have an online account with one of the approved banks on their site you can do it free through internet banking (the post office is indeed one of those that you can use.) Otherwise you can send by furikomi from any bank account to one of SBI's three accounts that they have on their site, but will have to pay a furikomi fee. I'm trying to set up the former but now have to go to the bank to tell them that SBI won't use my middle name (means my name is too long) so can my bank adjust my account name accordingly or at least note that even without the middle name the bank account and SBI account are held by the same person. This should be fun.
Ha, ha, good luck!
Re: SBI/NISA: putting money into the account
Posted: Mon Jun 04, 2018 9:51 am
by goodandbadjapan
[/quote]
Ha, ha, good luck!
[/quote]
Wasn't too bad, apart from the obvious stress that comes with handwriting your address in kanji in front of bank staff! Finally, after only about two years of procrastinating, I think I have almost got my NISA up and running. Just need the NISA confirmation from SBI and then try to actually buy something.