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 Address and Purpose of transaction is mandatory for Japan Bank Transfer |
Amount received | Beneficiary received net amount as specified by sender |
Transaction Limit |
Maximum per transaction 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 |