Search

Rating Index

WikiFX Detection

Business

Influence E Influence

License

No license No license

Shimane broker Accounts

Shimane Bank Ltd. Account Type

Shimane Bank Ltd. offers various types of brokerage accounts for investors, primarily categorized into general accounts and designated accounts.

  • General Accounts (一般口座):
    • These accounts are the least regulated and provide access to a broad range of investment products.
    • Investors are responsible for all tax calculations and declarations related to capital gains.
    • Designated Accounts (特定口座):
      • These accounts automate tax calculations, simplifying the tax filing process for investors.
      • There are two types of designated accounts:
      • No-Withholding Account (源泉徴収なし): The brokerage calculates annual taxable gains/losses and provides a transaction report, but the account holder is responsible for declaring the gains.
      • Withholding Account (源泉徴収あり): The brokerage not only calculates taxable gains/losses but also withholds tax on taxable events, eliminating the need for the investor to declare income from the account.

      Shimane Bank Ltd. Broker Account Opening Process

      To open a brokerage account with Shimane Bank Ltd., follow these steps:

      • Choose the Type of Account: Decide between a general account or a designated account based on your investment needs.

      • Fill Out the Application:

        • You can apply online through the Shimane Bank website or visit a local branch.
        • Required information includes your full name, address, social security number, tax filing status, and income bracket.
        • Submit KYC Documents:
          • Provide necessary identification documents such as a government-issued ID and proof of address.
          • Ensure all documents are in compliance with regulations to prevent financial crimes.
          • Fund Your Account:
            • You can fund your account via bank transfer, check, or direct deposit from another account.
            • Initial deposit requirements may vary depending on the account type.
            • Start Trading: Once your account is opened and funded, you can begin trading various investment products available through Shimane Bank Ltd.
Shimane accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Shimane Account