Select Language

Notice on the Foreign Account Tax Compliance Act (FATCA)

The Foreign Account Tax Compliance Act (FATCA) is a U.S. law enacted to prevent U.S. taxpayers from avoiding their tax liabilities using accounts they hold at foreign financial institutions. Japanese financial institutions are required to comply with this law.

For individuals who wish to open a Seven Bank account, we need to confirm whether they fall within the scope of our reporting to the U.S. tax authorities under FATCA, and accordingly, we would like to check whether they have U.S. tax liabilities and to request them individually to submit additional documents as may be necessary.

Subject persons

  • A U.S. citizen, U.S. national, U.S. permanent resident (with a Green Card)
    * We also request individuals who are born in the United States to submit the necessary documents.
  • A US resident

How to apply

Please note that your application may not be accepted if you do not submit the documents necessary for compliance with FACTA.