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Japan
| Type | Description |
|---|---|
| Direct to Bank Method |
Direct credit to bank account in Japanese Yen (JPY)
Supported sender type - Individual and Corporate Supported beneficiary type – Individual and Corporate |
| Transaction Turnaround Time |
T+0 Japan Banking day for transaction processed and credited before 1400 (Mon-Fri) GMT +9
Up to T+1 Japan Banking days for transaction processed and credited after 1400 (Mon- Fri) GMT +9 Transaction sent on Saturday or Sunday and Japan’s public holidaywill be processed on next Japan Banking day Subjected to Singapore office timing and funds being received |
| Area availability | Japan nationwide |
| Validation / Verification |
Beneficiary name must be in Roman character for all transfer
Bank Branch Code is Mandatory Only Futuu Account supported Beneficiary / Payee name match with account holder name & branch name along branch code (Zengin branch code) Beneficiary Address and Purpose of transaction is mandatory for Japan Bank Transfer |
| Amount received | Beneficiary received net amount as specified by sender |
| Transaction Limit |
Compliance Limit - JPY 1,000,000.00
Minimum per transaction JPY 100.00 Compliance accumulated limit JPY 7,000,000.00 per day per beneficiary |
| Cancellation Process | Cancellation is on best effort basis |