Aichi Bank, LTD. Account Type

　　Aichi Bank, LTD. offers several types of accounts for investors, including general accounts and designated accounts. The designated accounts are further classified into two types: "no-withholding" accounts and "withholding" accounts.

• General Accounts (一般口座):
• Least regulated type of account.
• Provides access to a broad range of investment products.
• Investors are responsible for all tax calculations and declarations.
• Designated Accounts (特定口座):
• More regulated and automates tax calculations.
• No-Withholding Accounts (源泉徴収なし):
• Brokerage calculates annual taxable gains/losses and sends a report.
• Investors must declare gains and pay taxes.
• Withholding Accounts (源泉徴収あり):
• Brokerage calculates and withholds tax on gains, simplifying the tax process.
• Investors can choose not to declare income generated within the account.

　　

Aichi Bank, LTD. Broker Account Opening Process

　　Opening a brokerage account with Aichi Bank, LTD. involves several straightforward steps:

• 　　Select the Account Type: Choose between a general account or a designated account (no-withholding or withholding).

• 　　Provide Personal Information: You will need to submit personal details, including:

• Name
• Social security number or taxpayer identification number
• Address
• Date of birth
• Employment information

• 　　Complete the Application: Fill out the application form, specifying your investment goals and risk tolerance.

• 　　Fund Your Account: After approval, you can fund your account through an electronic transfer from your bank or by mailing a check.

• 　　Start Trading: Once your account is funded, you can begin buying and selling securities.

　　For more details, please refer to the official website of Aichi Bank, LTD.