July 25, 2018

Important Notice

Notice of Revision of Allowable Maximum Transfer Limit under Direct Banking Service

Thank you for your continuing use of the Seven Bank.

Online banking fraud has been occurring frequently these days, and we have also been involved in incidents such as where images stored on our computers were stolen through illegal access, or someone who pretended to be our employee defrauded our customers of their authentication data over the phone.

In view of such circumstances, as of November 19, 2018, we will revise the allowable maximum transfer limit (per day) under the Direct Banking Service for customers who have not registered for the Smartphone Authentication Service, from 10 million yen to 1 million yen.

Accordingly, the transfer limits set for customers who have not registered for the Smartphone Authentication Service will be reduced to 1 million yen if the transfer limits currently applicable to them are 1,010,000 yen or more.
If you wish to transfer 1,010,000 yen or more via the Direct Banking Service, please register for the Smartphone Authentication Service.

We apologize for the inconvenience and would like to ask you to understand that this revision is necessary to protect the money you deposit with us.

◆Outline

Revision of the allowable maximum transfer limit (per day) under the Direct Banking Service

	Before revision Until November 18, 2018	After revision From November 19, 2018
Not registered for the Smartphone Authentication Service	0 yen-10 million yen	0 yen-1 million yen
Registered for the Smartphone Authentication Service	0 yen-10 million yen	0 yen-10 million yen (no change)

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The amount of transfer under the online payment service is included in the amount of transfer per day.
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The amount of transfer by advance request (including automatic transfer) is included in the amount of transfer on the date of transfer, instead of the date of request or registration.

Reduction of the transfer limits under the Direct Banking Service
In accordance with the revision of the allowable maximum transfer limit, the transfer limits set for customers who have not registered for the Smartphone Authentication Service will be reduced to 1 million yen automatically during the period from November 19 to 30, 2018, if the transfer limits currently applicable to them are 1,010,000 yen or more.
When we reduce your transfer limit, we will inform you by sending a notice via the Direct Banking Service.

▼Smartphone Authentication Service
The Smartphone Authentication Service is a mechanism for allowing your identity to be verified through the operation of your smartphone, offering a more secure and more convenient way to use our Direct Banking Service. This service is available free of charge.

For more details about the description and method of using the Smartphone Authentication.

▼Change of the transfer limit under the Direct Banking Service
Log in to the Direct Banking Service website, and you can change the transfer limit via the "Customer Service" page.

We will continue our efforts to guarantee our customers' safety and convenience in using Seven Bank accounts. We appreciate and look forward to your continued patronage.