SBI SHINSEI BANK

Available Currencies and Restricted Regions

List of Currencies

Currencies Available with GoRemit

Currency SymbolCurrency name
USDUS Dollar
CHFSwiss Franc
GBPUK Pound
HKDHong Kong Dollar
CADCanadian Dollar
SGDSingapore Dollar
AUDAustralian Dollar
SEKSwedish Krona
NZDNew Zealand Dollar
INRIndian Rupee
EUREuro
JPYJapanese Yen
  • If you wish to send funds in JPY (without converting to foreign currency), please contact us (9 a.m. - 5 p.m. on weekdays 0120-227-503) in advance as we may be unable to send JPY funds to certain banks.

Restricted Regions

Countries/regions to which remittances are not accepted

Countries/Regions
Afghanistan Avtonomna Respublika Krym Belarus
Central African Republic Cuba Democratic Republic of the Congo
Donetsk People's Republic Haiti Iran
Iraq Iraqi Kurdistan Lebanon
Libya Luhansk People's Republic Mali
Myanmar(Burma) Nicaragua North Korea
Russian Federation Somalia South Sudan
Sudan Syrian Arab Republic Venezuela
Yemen

※Refers to the Autonomous Republic of Crimea and Sevastopol, which have declared their annexation to Russia. In the international community it is the Crimean peninsula of Ukraine.

Countries/regions requiring caution

<In order to register beneficiaries or make remittances to these locations, documentation confirming beneficiary details and the source of funds, etc. must be provided.>

Countries/Regions
Algeria Andorra Angola
Anguilla Antigua and Barbuda Armenia
Aruba Azerbaijan Bahrain
Belize Bermuda Bonaire, Saint Eustatius & Saba
British Virgin Islands Bulgaria Burkina Faso
Cameroon Cayman Islands China, Inner Mongolia (Neimenggu)
Cook Islands Cote d’Ivoire Croatia
Curacao Cyprus Dominica
Georgia Gibraltar Grenada
Guernsey Isle of Man Jersey
Jordan Kazakhstan Kenya
Liberia Liechtenstein Malta
Marshall Islands Mauritius Moldova (the Republic of)
Monaco Mongolia Montserrat
Mozambique Namibia Nauru
Nigeria Niue Pakistan
Panama Philippines Samoa
San Marino Seychelles Sint Maarten (Dutch part)
South Africa St. Kitts & Nevis St. Lucia
St. Vincent and the Grenadines Tanzania The Bahamas
Three provinces of China Turkey(Türkiye) Turkmenistan
Turks & Caicos Islands Ukraine United Arab Emirates (UAE)
US Virgin Islands Vanuatu Vietnam

※Liaoning Province, Jilin Province, Heilongjiang Province.

Important points on the GoRemit Overseas Remittance Service

  • In order to use the GoRemit Overseas Remittance Service (GoRemit), you need to apply in advance.

<Overseas Remittance by transfer to our designated collection account>

  • When making transfers to our designated collection account, funds received by 3:00 p.m. on business days will be remitted after converted from yen to the foreign currency using the GoRemit TTS (Telegraphic Transfer Selling) exchange rate for that day. If yen funds arrive after 3:00 p.m., they will be converted and remitted on the immediately following business day using the GoRemit TTS exchange rate for that (the following) day.
  • In cases when Yen is the denominated remittance currency, funds received by 3:00 p.m. will be processed on the immediately following business day. Funds received after 3:00 p.m. will be processed on the business day after the immediately following business day.
  • The remittance fee is JPY 2,000 per remittance and is not dependent on the amount you remit. For remittances in Japanese yen, an additional lifting fee of 0.1% of the remittance amount (minimum charge of JPY 1,500) will be charged in addition to the JPY 2,000. Domestic transfer fees are borne by the customer.

<Overseas Remittance from PowerFlex accounts (for individual customers)>

If you wish to make remittances with the GoRemit Overseas Remittance Service by withdrawing funds directly from your PowerFlex account, you will need to register your PowerFlex account with the GoRemit app separately in advance.

  1. Remittance from Yen Deposit accounts
    • When making a foreign currency remittance by withdrawing from your PowerFlex Yen Deposit account, remittance request instructions received before 3:00 p.m. on a business day will be remitted after converted from yen to the foreign currency using the GoRemit TTS exchange rate for that day. In cases when Yen is the denominated remittance currency, remittances will be processed on the immediately following business day. (Please note that foreign currency-denominated remittance request instructions cannot be sent after 3:00 p.m.. Yen-denominated remittance requests may be sent after 3:00 p.m., however funds will be remitted on the business day after the immediately following business day.)
    • The remittance fee is JPY 2,000 per remittance, and is not dependent on the amount you remit.
  2. Remittance from Foreign Currency Deposit accounts
    • When making a foreign currency remittance by withdrawing from your PowerFlex Foreign Currency Deposit account, remittance request instructions received by 3:00 p.m. on a business day will be remitted on the following business day. For remittance request instructions received after 3:00 p.m., we will remit 1 day after the following business day.
    • The remittance fee is JPY 4,000 per remittance, and is not dependent on the amount you remit.
    • Intermediary banks overseas may deduct fees. In addition, beneficiary banks in some countries may also levy charges.
    • Depending on the beneficiary country and bank, funds will typically arrive within 1-3 business days after we make the remittance, however screening processes and local banking practices on the beneficiary end may cause delays in some cases.

  • Intermediary banks overseas may deduct fees. In addition, beneficiary banks in some countries may also levy charges.
  • Depending on the beneficiary country and bank, funds will typically arrive within 1-3 business days after we make the remittance, however screening processes and local banking practices on the beneficiary end may cause delays in some cases.