Jibun Bank FX broker Accounts

jibun bank Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: jibun bank Account Types Overview

jibun bank Account Types Explained

au Jibun Bank offers a variety of account types tailored to meet the needs of different customer profiles. Below are the main account types available:

1. Ordinary Savings Account

• Minimum Deposit Requirement: ¥1,000
• Spread/Commission Structure: No monthly fees; interest rates apply.
• Leverage Options: Not applicable.
• Key Features: Easy access to funds, online banking, and mobile app support.
• Target User Profile: General consumers looking for a straightforward savings option.
• Trading Instruments Available: Not applicable.

1. Foreign Currency Savings Account

• Minimum Deposit Requirement: ¥1,000
• Spread/Commission Structure: Competitive interest rates based on currency.
• Leverage Options: Not applicable.
• Key Features: Allows deposits in multiple foreign currencies (USD, EUR, AUD, ZAR, NZD).
• Target User Profile: Individuals interested in holding foreign currencies.
• Trading Instruments Available: Not applicable.

1. Time Deposit Account

• Minimum Deposit Requirement: ¥100,000
• Spread/Commission Structure: Fixed interest rates for the term of the deposit.
• Leverage Options: Not applicable.
• Key Features: Higher interest rates for fixed terms, ranging from 1 month to 5 years.
• Target User Profile: Savers looking for higher returns on fixed deposits.
• Trading Instruments Available: Not applicable.

1. Investment Account

• Minimum Deposit Requirement: ¥10,000
• Spread/Commission Structure: Varies based on investment products.
• Leverage Options: Available for certain investment products.
• Key Features: Access to a range of investment products including mutual funds and stocks.
• Target User Profile: Investors looking to grow their wealth through various financial instruments.
• Trading Instruments Available: Stocks, bonds, mutual funds.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Ordinary Savings Account
• Intermediate: Foreign Currency Savings Account
• Advanced: Investment Account

Part 2: jibun bank Account Features Comparison

Detailed jibun bank Account Features

Advantages of Each Account Type

• Ordinary Savings Account:

• Easy access to funds.

• No monthly fees.

• User-friendly mobile app.

• Foreign Currency Savings Account:

• Diversification into foreign currencies.

• AI-powered currency rate predictions.

• Competitive interest rates.

• Time Deposit Account:

• Higher interest rates for fixed terms.

• Safe investment option.

• Predictable returns.

• Investment Account:

• Access to a variety of investment products.

• Potential for higher returns.

• Professional management options.

Disadvantages of Each Account Type

• Ordinary Savings Account:

• Lower interest rates compared to time deposits.

• Limited investment options.

• Foreign Currency Savings Account:

• Currency risk exposure.

• Limited to specific currencies.

• Time Deposit Account:

• Funds are locked for the term.

• Penalties for early withdrawal.

• Investment Account:

• Market risks involved.

• Potential for losses.

Part 3: jibun bank Account Opening Requirements

jibun bank Account Registration Requirements

Eligibility Criteria:

• Age Requirements: Must be at least 15 years old.
• Geographic Restrictions: Must reside in Japan.
• Prohibited Countries: Not specified; generally, accounts are available to residents of Japan.
• Identity Verification Documents Needed:
• Residence card or special permanent resident certificate.
• Another form of identification (e.g., passport).
• Proof of Residence Requirements: Must provide proof of address in Japan.
• Additional Documentation for Professional Accounts: Not specified.

KYC/AML Compliance Procedures

• Customers must undergo identity verification to comply with KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations.

Verification Time Frames

• Account verification typically takes about 5 business days after document submission.

Part 4: jibun bank Account Opening Process

Step-by-Step jibun bank Account Opening Guide

1. Visit Website and Click Registration: Go to the au Jibun Bank website or download the mobile app.
2. Personal Information Entry: Fill in the required personal details.
3. Choose Account Type: Select the type of account you wish to open.
4. Set Trading Preferences: Specify any preferences related to your account.
5. Document Upload: Upload required identity verification documents.
6. Account Verification: Wait for the bank to verify your documents.
7. Fund Your Account: Once verified, fund your account to start using it.
8. Start Trading: Access your account through the mobile app or website.

Desktop vs Mobile Registration Differences

• The mobile app allows for quicker registration, especially with features like facial recognition for identity verification.

Common Registration Issues and Solutions

• Issue: Document upload failures.
• Solution: Ensure documents are clear and in the correct format.
• Issue: Delays in verification.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes about 5 business days.

How to Upgrade/Downgrade Account Types

• Customers can contact customer service to request changes to their account type.

Part 5: jibun bank Demo Account Information

jibun bank Demo Account Guide

• Demo Account Features and Benefits:

• Allows users to practice trading without financial risk.

• Access to the same trading platform as live accounts.

• How to Open a Demo Account:

• Register through the au Jibun Bank website or app and select the demo account option.

• Demo Account Limitations:

• Limited to virtual funds; cannot be used for real trading.

• Virtual Balance Amount:

• Typically set at ¥1,000,000 in virtual funds.

• Demo vs Live Account Differences:

• Demo accounts do not involve real money; live accounts require actual funds.

• Duration/Expiry of Demo Accounts:

• Demo accounts may expire after a set period, usually 30 days.

FAQs – jibun bank Account Types & Opening

1. What account types does jibun bank offer？

• au Jibun Bank offers Ordinary Savings Accounts, Foreign Currency Savings Accounts, Time Deposit Accounts, and Investment Accounts.

1. What is the minimum deposit for each account type？

• Ordinary Savings Account: ¥1,000; Foreign Currency Savings Account: ¥1,000; Time Deposit Account: ¥100,000; Investment Account: ¥10,000.

1. How long does jibun bank account verification take？

• Verification typically takes about 5 business days.

1. Does jibun bank offer demo accounts？

• Yes, jibun bank offers demo accounts for practice trading.

1. Can I have multiple account types with jibun bank？

• Yes, customers can hold multiple account types.

1. Does jibun bank offer Islamic/swap-free accounts？

• Yes, Islamic accounts are available under the Investment Account type.

1. What documents do I need to open a jibun bank account？

• A residence card or special permanent resident certificate and another form of identification.

1. Can I change my account type after registration？

• Yes, you can request to change your account type through customer service.