Money & banking
Can a foreign-owned company open a Japanese business bank account?
Yes in principle, but approval is discretionary and new or foreign-owned companies often face enhanced checks on business substance, beneficial ownership and expected transactions.
VerifiedPrimary topic verifiedLast checked: 18 Aug 2026
What you need to know
Requirements & exceptions
- Incorporation does not guarantee account approval.
- Prepare business plans, contracts, office evidence and ownership information.
Documents
- Identity document
- Residence card if resident
- Japanese address/contact information where required
Likely cost
Provider-specific. Account/card issuance may be free or fee-based; foreign exchange, transfer, withdrawal, annual and transaction fees depend on the provider and product.
Where to act
Apply directly with the relevant bank, card issuer, securities firm, payment service, lender or remittance provider; use its current official onboarding policy.