Text Size

Current Position:HOMENotification

Notice

August 15. 2021

Partial Revision to the Seven Bank Account Terms and Conditions

The Seven Bank Account Terms and Conditions have been partially revised as follows.

[Terms and conditions revised]

Seven Bank Banking Terms and Conditions

[Details of revision]

Article 5 (Identity Verification upon Account Opening, etc.)
Article 14 (Bank Statement, Transaction Slip, etc.)
Article 22 (Termination of Account)

[Comparison table]

Before revision

After revision

Article 5 (Identity Verification upon Account Opening, etc.)

2. The process of verifying the customer’s identity upon the opening of an Account shall be carried out by either of the following methods, each of which shall conform to the Bank’s procedures:
(1) the method where, as the condition for receiving the transaction documents (including the cash card; the same shall apply hereinafter) sent to the customer’s registered home address by the relevant identity verification service provider at the Bank’s request, the customer presents his/ her identification documents directly to such service provider;
(2) the method where the customer submits his/her identification documents to the Bank, upon which the Bank sends the transaction documents to the customer’s registered home address; or
(3) the method where the customer sends an image(s) of his/her identification document(s) with a photo and an image of his/her face to the Bank online.

Article 5 (Identity Verification upon Account Opening, etc.)

2. The process of verifying the customer’s identity upon the opening of an Account shall be carried out by either of the following methods, each of which shall conform to the Bank’s procedures:
(1) the method where the customer submits his/her identification documents to the Bank, upon which the Bank sends the transaction documents to the customer’s registered home address; or
(2) the method where the customer sends an image(s) of his/her identification document(s) with a photo and an image of his/her face to the Bank online.

Article 14 (Bank Statement, Transaction Slip, etc.)

3. If the customer wishes to have the bank statements delivered by postal mail, the Bank shall send them to the customer’s registered address in the manner prescribed by the Bank.

Article 14 (Bank Statement, Transaction Slip, etc.)

3. If the customer applies by October 17, 2021, for the delivery of his/her bank statements by postal mail, the Bank shall send them to the customer’s registered address in the manner prescribed by the Bank (from October 18, 2021, the Bank shall discontinue the acceptance of applications for the delivery of bank statements by postal mail).

Article 22 (Termination of Account)

6. A customer who lives in Japan without Japanese nationality shall, at the Bank's request, notify the Bank of his/her status of residence and period of stay and other necessary matters by its prescribed method. When the period of stay expires, the Bank may restrict all of part of transactions to be conducted under these Terms and Conditions such as deposits and withdrawals, or may further terminate the Account if it deems necessary.

Article 22 (Termination of Account)

6. A customer who lives in Japan without Japanese nationality shall, at the Bank's request, notify the Bank of his/her status of residence and period of stay and other necessary matters by the method prescribed by the Bank.
If the customer fails to notify the Bank of these matters by the designated deadline without good reason or when the period of stay expires, the Bank may restrict all of part of transactions to be conducted under these Terms and Conditions such as deposits and withdrawals, or may further terminate the Account if it deems it necessary.

[Date of revision]

October 18, 2021

Go to Top of Page