Foreign currency transactions during the 10-day holiday

Foreign currency buying and selling are available via Shinsei PowerDirect (Internet banking), Shinsei PowerDirect (Smartphone Authentication), and Shinsei PowerCall (served by operators and automated voice service) during the 10-day holiday.

Transaction channel	Service hours^*1	Available transactions
Shinsei PowerDirect (Internet banking)	24hrs/365days	Transactions between yen and foreign currency (1)Transactions from yen savings deposit and foreign currency savings deposit (2)Transactions from yen savings deposit to foreign currency time deposit (including Otameshi Gaika Plan) Transactions between the same currencies (including transactions from foreign currency savings deposit to time deposit of the same foreign currency)
Shinsei PowerCall (operators)	8:00 a.m. - 9:00 p.m./ 365days
Shinsei PowerDirect (Smartphone Authentication)	24hrs/365days	Transactions between yen and foreign currency Transactions between yen savings deposit and foreign currency savings deposit
Shinsei PowerCall (automated voice service)	24hrs/365days

*1Transactions may be unavailable during certain time periods due to system maintenance (Click here for system maintenance information).

Please note that the maximum amount per transaction will change for the following transactions. (There is no maximum limit for the total amount of transactions per day.)

There is no maximum amount per transaction for transactions through Shinsei PowerCall (served by our operators.)

Transactions and transaction channels with maximum amount per transaction which will be changed

Shinsei PowerDirect
Shinsei PowerDirect (Smartphone Authentication)
Shinsei PowerCall (automated voice service )

Transactions between yen and foreign currency

(1)Transactions between yen savings deposit and foreign currency savings deposit
(2)Transactions between yen savings deposit to foreign currency time deposit (including Otameshi Gaika Plan)

Maximum amount per transaction*10-day holiday

Date	(1) Transactions between yen savings deposit and foreign currency savings deposit	(2) Transactions from yen savings deposit to foreign currency time deposit (including Otameshi Gaika Plan)
April 26, 2019 (Fri)	Amount equivalent to JPY 5 million	Amount equivalent to JPY 5 million
April 27, 2019 (Sat)^*	Amount equivalent to JPY 2 million^*1	Amount equivalent to JPY 2 million
April 28, 2019 (Sun)^*	Amount equivalent to JPY 2 million	Amount equivalent to JPY 2 million
April 29, 2019 (Mon)^*	Amount equivalent to JPY 5 million^*2	Amount equivalent to JPY 2 million
April 30, 2019 (Tue)^*	Amount equivalent to JPY 5 million	Amount equivalent to JPY 2 million
May 1, 2019 (Wed)^*	Amount equivalent to JPY 5 million	Amount equivalent to JPY 2 million
May 2, 2019 (Thr)^*	Amount equivalent to JPY 5 million	Amount equivalent to JPY 2 million
May 3, 2019 (Fri)^*	Amount equivalent to JPY 5 million	Amount equivalent to JPY 2 million
May 4, 2019 (Sat)^*	Amount equivalent to JPY 2 million^＊1	Amount equivalent to JPY 2 million
May 5, 2019 (Sun)^*	Amount equivalent to JPY 2 million	Amount equivalent to JPY 2 million
May 6, 2019 (Mon)^*	Amount equivalent to JPY 5 million^＊2	Amount equivalent to JPY 2 million
May 7, 2019 (Tue)	Amount equivalent to JPY 5 million	Amount equivalent to JPY 5 million

*1Amount changes from JPY 5 million equivalent to JPY 2 million equivalent from predawn to early morning Saturday.
*2Amount changes from JPY 2 million equivalent to JPY 5 million equivalent from predawn to early morning Monday.

Attention

If many forex requests are made on market holidays, i.e. weekend etc., or if a drastic change occurs in markets, different discount commission, which are not described here, may apply. In this case, a forex commission discount service, which is offered to Platinum and Gold customers under Shinsei Step Up Program, does not apply. An across-the-board forex commissions, which are higher than usual, apply regardless of stages of Shinsei Step Up Program. Please check the latest forex rates, which include commissions, before executing each forex transaction.

For more details about Our Services Related to Era Name Change and 10-day Holiday, please click here.

April, 2019
SHINSEI BANK

Regarding foreign currency deposits

As the conversion rates of foreign currencies into yen (foreign exchange rates) fluctuate, foreign exchange deposits carry a risk of loss of yen denominated principal resulting from exchange rate fluctuations when converting foreign currencies back into yen.
In the event of high market volatility, system malfunctions, etc., the foreign exchange rates applied by the Bank may differ significantly from prevailing market rates. Customers are urged to confirm the foreign exchange rates to be applied to any such transactions.
Foreign exchange fees apply when depositing/withdrawing yen into/out of foreign currency accounts. Unconventional currency exchange fees may be applied in the event of drastic foreign exchange rate fluctuations or when major markets are closed. The maximum rates of such one-way exchange fees and round-turn exchange fees are 5.5 yen per unit and 11 yen per unit respectively. For a direct non-yen cross currency exchange, the foreign exchange fees will be 0.02 multiplied by one of the currencies.
There is a risk of loss of yen denominated principal due to the application of foreign currency exchange fees and applied interest rates, even if foreign exchange rates do not fluctuate.
Preferred rates of Step Up program are applied to transactions changing yen to a foreign currency and vice versa. (n.b. Preferred rates are not applicable to transactions between non yen foreign currencies or when the outstanding foreign currencies balance is converted to yen as part of closing an account. Additionally, preferred rates are not applicable in exchanging currencies or paying interest in the PowerSupport Plus program, or purchasing foreign currencies through the PowerBuilder program.)
Foreign currency deposits are not guaranteed by deposit insurance.
In principle, foreign currency denominated time deposits may not be cancelled before maturity. However, in the event the Bank recognizes extraordinary circumstances and deems the cancellation of foreign currency denominated time deposits before maturity as unavoidable, only principal amounts will be refunded (interest thereon will not be honored).
Interest is subject to 20.315% withholding tax (national tax 15.315% and local tax 5%). The fractional figure of the after-tax interest rate shall be rounded down.
Principal and interest of foreign currency time deposits shall be credited into PowerFlex savings deposits of the same currency on the maturity date without converting into another currency. The savings deposit interest rate for the same currency will be applied on and after the maturity date.
Cash in foreign currencies and foreign currency remittances are not available at our branches.
Fees will be charged for foreign currency remittances.
Handling Fee will be charged for incoming foreign exchange remittances.
Application to GoRemit overseas remittance service must be made before making foreign currency remittances.
Before investing in foreign currency deposits customers should carefully read the product description of foreign currency deposits (pre-contract document) that is available in the Bank branches and online so that they can fully understand characteristics of the foreign currency deposits.