September 2, 2019
Notification
Consumption Tax Rate Increase and Revisions to Various Charges (Individual Customers)
The consumption tax rate will be increased from 8% to 10% starting on October 1, 2019. In addition, the various charges related to Seven Bank accounts will be revised starting on October 1, 2019.
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*For applications and planned transactions prior to September 30, 2019, the new revised charges apply when the actual transactions occur on or after October 1, 2019.
(1) List of Charges (Including consumption tax, etc.)
Seven Bank ATM Service Fees
Before revision | After revision | ||
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Withdrawal (including withdrawal for domestic money transfers) | 00:00 to 07:00 | 108 Yen | 110 Yen |
07:00 to 19:00 | Free of charge | Free of charge | |
19:00 to 24:00 | 108 Yen | 110 Yen | |
Deposit | Free of charge | Free of charge | |
Balance inquiry | Free of charge | Free of charge |
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*A separate transfer fee is required for domestic money transfers.
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*A separate transfer fee is required for transfers using the International Money Transfer Service.
Transfer Fees (Domestic money transfers using Seven Bank ATMs or the Direct Banking Service)
Before revision | After revision | |
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To Seven Bank | 54 Yen | 55 Yen |
To other banks | 216 Yen | 220 Yen |
Transfer reversal fee | 648 Yen | 660 Yen |
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*A separate ATM service (withdrawal) fee may apply depending on the timing of the domestic money transfer using an ATM.
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*Even for domestic money transfers that are planned prior to September 30, 2019, the new revised charges apply when the actual transfer occurs on or after October 1, 2019. For further details, check section (2) Changes in Timing and Important Notes for Transfer Fees.
Other Charges
Before revision | After revision | ||
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Cash card issuance fee | Cash card reissuing | 1,080 Yen | 1,100 Yen |
Family card issuing/reissuing | 1,080 Yen | 1,100 Yen | |
Cash card design change | 1,080 Yen | 1,100 Yen | |
Statement fee | By mail* | 216 Yen every month | 220 Yen every month |
Re-issue or extra issue | 540 Yen for 1 month | 550 Yen for 1 month | |
Balance Certificate issue fee | Periodic issue | 324 Yen per copy | 330 Yen per copy |
Irregular issue | 540 Yen per copy | 550 Yen per copy | |
Special issue | 2,160 Yen per copy | 2,200 Yen per copy | |
ATM transaction statement reissuance fee | 324 Yen per page | 330 Yen per page | |
Transfer statement issuance fee | 324 Yen per issuance | 330 Yen per issuance | |
International money transfer statement issuance fee | 1,080 Yen for 1 year | 1,100 Yen for 1 year | |
Certificate issuance fee | 1,080 Yen per copy | 1,100 Yen per copy |
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*If you apply for the "Paper Statement Mailing Service," the Paper Statement Mailing Service Fee will be automatically debited from your account on the 2nd of each month. If the fee cannot be debited from your account, that month's statement (which is scheduled for delivery) will not be mailed.
(2)Changes in Timing and Important Notes for Transfer Fees
The tax rate when the domestic transfer is executed is applied to the domestic transfer fee.
Planned date/Execution date of domestic money transfer | Applicable tax rate | |
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Planned date of transfer: Until September 30, 2019 Execution date of transfer: Until September 30, 2019 |
8% | |
Planned date of transfer: Until September 30, 2019 Execution date of transfer: On or after October 1, 2019 |
10% | |
Planned date of transfer: On or after October 1, 2019 Execution date of transfer: On or after October 1, 2019 |
10% |