Opening a bank account in Japan is notoriously difficult. We rank the best banks for foreigners based on ease of opening and English support.

Ask any expat about their biggest headache, and they will say "opening a bank account." Strict anti-money laundering laws make it tough. Here are the best banks in Japan for expat accounts.

1. Sony Bank (Sony Bank WALLET)

• Verdict: The Gold Standard for Expats.
• Pros:
  • Full English online banking and app.
  • Multi-currency account (keep USD, EUR, JPY).
  • Debit card with cashback.
  • No Hanko (seal) required.
• Cons: No physical branches (online only).

2. Japan Post Bank (Yucho Bank)

• Verdict: The Easiest to Open.
• Pros:
  • ATMs are everywhere.
  • Very lenient requirements (often accepts people who have been in Japan < 6 months).
• Cons:
  • Online banking is terrible (and Japanese only).
  • No Visa/Mastercard debit card by default (cash card only).

3. Shinsei Bank (SBI Shinsei)

• Verdict: Good for English Support.
• Pros:
  • English online banking.
  • Staff at major branches often speak English.
• Cons:
  • ATM fees can be high if you don't maintain a balance.
  • Becoming stricter with new accounts.

👉 How to Apply: How to Open a Japanese Bank Account Online

4. Rakuten Bank

• Verdict: Best for Points Lovers.
• Pros:
  • Connects with the Rakuten ecosystem (points for everything).
  • Good interest rates.
• Cons:
  • Japanese only. Interface is cluttered.

What You Need to Apply

1. Residence Card (Zairyu Card)
2. Passport
3. Hanko (Personal Seal): Sony and Shinsei may accept a signature, but Yucho requires a Hanko.
4. Phone Number: A Japanese mobile number is mandatory.