Bank Comparison

6 Banks Where Foreigners Can Open Accounts in Japan【2026】

Published: 2026.06.09 Last updated: 2026.07.25 在日マネーナビ Editorial Team, MRI Co., Ltd.
Seven Bank — best first bank for foreigners
Zero ATM fees, smartphone sign-up, residence card OK. Use any 7-Eleven ATM.
See Seven Bank details
Bottom line in 30 seconds
  1. Right after arriving in Japan, Japan Post Bank and Seven Bank are easiest to open with just a residence card.
  2. Many online banks like SBI Sumishin Net Bank let you complete everything online, but usually require 6+ months of residence and your My Number.
  3. If you also want to send money abroad, choosing based on multilingual support and remittance features helps you avoid rejection.

Key Notes Before Opening a Bank Account

To open a bank account in Japan, you need a valid residence status and residence card (zairyu card). Short-stay visas are not accepted.

Most banks require at least 6 months of residence in Japan (with exceptions). Prioritize banks that allow foreigners to open accounts soon after arrival.

For the application flow, required documents, and common reasons applications are declined (with fixes) that apply across banks, see our step-by-step guide to opening a bank account as a foreigner.

If you'll make overseas transfers after opening an account, also see how to use Wise, which can often be cheaper than banks.

6-Bank Comparison Table

BankDifficultyResidence RequirementHow to OpenEnglish SupportInt'l Transfer
Japan Post Bank Open right awayEasyUnder 6 months OKBranch only
Seven BankEasyUnder 6 months OKMobile app○ 8 languages×
SBI Sumishin Net BankModerate6 months+ recommendedMobile app○ English
Rakuten BankModerate6 months+ recommendedOnline×
SBI Shinsei BankEasier6 months+ recommendedOnline○ English
MUFG BankStricter6 months+ requiredBranch / App
📌 How we ranked these (our criteria)

We don't rank based on whether a bank advertises with us. We compare objectively using the following criteria for foreign residents in Japan.

  • Account-opening requirements: whether a residence period and residence card alone are enough
  • Availability right after arrival: whether accounts can be opened in under 6 months of residence
  • Multilingual support: whether sign-up, the app, and support are available beyond Japanese
  • App/ATM convenience: whether it's mobile-only and how many ATMs you can use
  • Fit with overseas remittance: whether international transfers are supported and integrate with other services
💡 Key Points
  • Japan Post Bank and Seven Bank are representative examples of banks where you may be able to open an account even if you have been in Japan for less than 6 months.
  • Major banks such as MUFG Bank often require at least 6 months of residence, so you may be turned down right after arriving in Japan.
  • Seven Bank supports multiple languages, and applications can be completed entirely through its smartphone app (supporting Vietnamese, Chinese, and more).
  • If you also want to use international remittance services, banks that support transfers — such as SBI Sumishin Net Bank (linked with Wise), SBI Shinsei Bank, Japan Post Bank, and MUFG Bank — can be options.

Common Required Documents

  • Residence card (在留カード) – Required, must be valid
  • My Number (Individual Number) – Usually required for online banks
  • Passport – As additional ID
  • Juminhyo (Certificate of Residence) – Some banks require it
Recommendation: Start with Seven Bank or Japan Post Bank, then upgrade to a net bank after 6 months.

After opening an account, also check tax procedures such as resident tax and annual tax filing. See the Tax Filing & Resident Tax Guide.

FAQ

Q. Can I open an account soon after arriving in Japan (under 6 months of residence)?

A. Japan Post Bank (Yucho) and Seven Bank can often accept applications even within your first 6 months. Major banks like MUFG typically require 6+ months, so try these two first.

Q. Can I open an account with just my residence card?

A. A residence card is required. Most banks also ask for My Number (especially mandatory at online banks), a certificate of residence (juminhyo), or a passport. Short-stay visas generally do not qualify.

Q. I'm not confident in Japanese. Are there multilingual banks?

A. Seven Bank supports 8 languages including Vietnamese and Chinese, with the full process done by smartphone app. SBI Sumishin Net Bank and SBI Shinsei Bank offer English support.

Q. I also want to send money abroad. Which bank should I choose?

A. Seven Bank and Rakuten Bank do not support international transfers. If overseas transfers are important, consider SBI Sumishin (Wise integration), SBI Shinsei, Japan Post Bank, or MUFG.

Q. Which is better — an online bank or a megabank?

A. Right after arrival, Yucho or Seven Bank are easiest to open. Once settled, SBI Sumishin or SBI Shinsei suit those who prefer English or online banking. MUFG works well as a salary and utilities account once you are more comfortable in Japan.

The bank account you open can also be used to top up and pay with PayPay. For details, see the PayPay guide.

Get a credit card alongside your bank account
Opening a bank account and credit card together makes daily life in Japan much more convenient.
  • Want to know if a residence card alone is enough
  • Want a card with no annual fee
  • Also want to use it for everyday payments like PayPay
Worried about approval? 5 cards for foreigners
See account-opening steps See steps