Sumishin SBI Net Bank Co., Ltd.
SBI Sumishin Net Bank conducts “Yen Time Deposit Special Interest Rate Campaign” ……
SBI Sumishin Net Bank, Ltd. (Headquarters: Minato-ku, Tokyo, President and CEO: Noriaki Maruyama, hereinafter referred to as “SBI Sumishin Net Bank”) will implement the yen regular service from December 4, 2023 (Monday). We will be running a special interest rate campaign for one year deposits.
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Yen fixed deposit 5 years
[Table 4: ]
*Rounded down to the nearest yen. In addition, specific examples are approximate values. Details vary depending on the deposit date, maturity date, etc., and are calculated on a daily basis assuming a year is 365 days.
*The after-tax interest rate is calculated by multiplying the displayed interest rate by 0.79685 (interest is subject to 20.315% tax).
Please note that after-tax interest rates are rounded down to the third decimal place.
Please see below for a list of yen time deposit interest rates. https://www.netbk.co.jp/contents/lineup/yen/teiki/kinri/
■Target period yen fixed deposit
From December 4, 2023 (Monday) to February 4, 2024 (Sunday) until deposit procedures are completed
■Target customers
Individual customers who have an account with our company
■Notes
・Even during the campaign period, the campaign may end if the amount of Yen time deposits reaches a certain amount. In addition, interest rate levels and campaign periods may be revised due to changes in financial conditions. Please check our website for the latest interest rates.
・The contents of the special interest rate may be changed, extended, or canceled without notice.
・When making a deposit, be sure to specify “1 year” or “5 years” as the deposit period.
・Special interest rate will be applied until the maturity date of the first deposit.
・If “Principal and Interest Continuation” or “Principal Continuation” is selected as the maturity handling method, the interest rate as of the maturity date (continuation date) will be applied during automatic renewal. Interest rates may be revised due to changes in financial conditions, so please check our website for the latest interest rates. ・The after-tax interest rate is calculated by multiplying the displayed interest rate by 0.79685 (interest is subject to 20.315% tax). Please note that after-tax interest rates are rounded down to the third decimal place.
・Special interest rates will also be applied if you deposit the applicable term deposit with automatic renewal during the period. ・Yen time deposits have principal guarantee and are covered by the deposit insurance system. For a total of Yen ordinary deposits, Yen time deposits, SBI hybrid deposits, and Yen structured deposits, the principal amount and interest thereof are protected up to 10 million yen.
・If the contract is canceled before the maturity date, the special interest rate will not be applied. The early cancellation interest rate prescribed by SBI Sumishin Net Bank will be applied depending on the actual number of days from the deposit date to the day before the cancellation date.
・For more information about Yen Time Deposit, please see the following (Product Overview).
https://www.netbk.co.jp/contents/resources/pdf/gaiyo_enteiki.pdf ・For details on this campaign, please check the “Campaign Information” section below on the SBI Sumishin Net Bank website, which will be posted during the campaign period.
https://www.netbk.co.jp/contents/pages/wpl300801/i300801CT/DI30080100 SBI Sumishin Net Bank aims to transform financial services and make society more comfortable and convenient by utilizing cutting-edge technology based on a customer-centric philosophy.