November 2, 2023

Notice

Partial Revision to the Seven Bank Account Terms and Conditions

The Seven Bank Account Terms and Conditions will be partially revised as follows.

Terms and conditions revised

  • Seven Bank Banking Terms and Conditions

Details of revision

  • Article 6 (Initial Logon and Registration)
    Change of the methods for conducting the initial registration

Comparison Table

Before revision After revision
Article 6 (Initial Logon and Registration)
  • 1.In commencing transactions using the Bank App, the customer must conduct the initial registration according to the terms of use of the Bank App.
  • 2.In commencing transactions using the direct banking service, the customer needs to be authenticated by the Bank App. In addition, the customer must conduct the initial registration of the matters set forth below in the manner prescribed by the Bank at the time of initial registration.
    • (1)Logon ID
      A logon ID is used to verify the customer’s identity upon each logon to the direct banking service. A logon ID should not be identical to the ID used by the customer for any other service and should not contain the customer’s name, birth date, or any other combination of letters/numbers that can be easily guessed by others. The customer will not be able to use any logon ID that is already in use by another person.
    • (2)Logon password
      A logon password is used to verify the customer’s identity upon each logon and during the course of any transaction that falls under the types of transactions prescribed by the Bank.
    • (3)Direct banking transfer limit per day
      This limit is used as the upper limit on daily fund transfers executed through direct banking. This upper limit shall be set and registered by each customer on an individual basis within the range prescribed by the Bank.
    • (4)Email address and other items designated by the Bank
      The customer’s registered email address is used when the Bank notifies the customer of the transaction results, any information on campaign advertising, or other matters. The customer can register his/her own opt-in and opt-out settings to choose the types of email messages to be received.
  • 3.If the customer has not conducted the initial registration as set out in the preceding two paragraphs, the customer will not be able to use the automatic payment service or the direct banking service.
Article 6 (Initial Logon and Registration)
  • 1.To commence transactions using the Bank App:
    • (1)The customer must conduct the initial registration according to the terms of use of the Bank App.
  • 2.To commence transactions using the direct banking service:
    • (1)Conduct the initial registration via the direct banking service

      〈1〉The customer needs to be authenticated by the Bank App. In addition, the customer must conduct the initial registration of the matters set forth below in the manner prescribed by the Bank at the time of initial registration.

      (ⅰ)Logon ID
      A logon ID is used to verify the customer’s identity upon each logon to the direct banking service. A logon ID should not be identical to the ID used by the customer for any other service and should not contain the customer’s name, birth date, or any other combination of letters/numbers that can be easily guessed by others. The customer will not be able to use any logon ID that is already in use by another person.
      (ⅱ)Logon password
      A logon password is used to verify the customer’s identity upon each logon and during the course of any transaction that falls under the types of transactions prescribed by the Bank.
      (ⅲ)Direct banking transfer limit per day
      This limit is used as the upper limit on daily fund transfers executed through direct banking. This upper limit shall be set and registered by each customer on an individual basis within the range prescribed by the Bank.
      (ⅳ)Email address and other items designated by the Bank
      The customer’s registered email address is used when the Bank notifies the customer of the transaction results, any information on campaign advertising, or other matters. The customer can register his/her own opt-in and opt-out settings to choose the types of email messages to be received.

    • (2)Conduct the initial registration using the Bank App
      〈1〉The customer must conduct the initial registration for the direct banking service according to the terms of use of the Bank App.
  • 3.If the customer has not conducted the initial registration as set out in the preceding two paragraphs, the customer will not be able to use the automatic payment service or the direct banking service.

Date of revision

November 9, 2023