FREE foreign exchange commission
from yen to foreign currency
FREE foreign exchange commission
when depositing more than 1,000,000 yen into an eligible foreign currency deposit
during the campaign period (normally up to 1 yen per foreign currency).
If Depositing 50,000 US Dollars
From Yen Funds Into A Foreign Currency Deposit
Normally (one way) :
50,000 USD × 1 yen = 50,000 yen
During Campaign (one way) :
50,000 USD × 0 yen = 0yen
The normal 50,000 yen
foreign exchange commission becomes
* The normal foreign exchange commission (up to 1 yen per foreign currency) applies when converting the deposited foreign currency back to yen.
- Campaign Period
- July 20, 2020 (Mon) to Dec 30, 2020 (Wed)
- Eligible customers
- Individual customers who have an account with SMBC Trust Bank PRESTIA
- Source Funds
- Japanese Yen
- Eligible Currencies
- All foreign currencies available at PRESTIA
- Eligible Product
- Deposit yen funds into;
- Foreign Currency Savings Deposit
- Foreign Currency Time Deposit : All Terms Available at PRESTIA
- Minimum Deposit Amount
- Minimum 1,000,000 yen per transaction
* the maximum transaction limit is up to 50,000,000 yen per transaction
- Ineligible Transactions
- Step Up Time Deposit
- Cross Currency Transactions
- *This offer is limited to online transactions, not available at PRESTIA branches or PRESTIA phone banking.
- Transaction Channels
- PRESTIA Online
- December 30, 2020 (Wed) 23:59
About add-on interest rate
When depositing in a foreign currency time deposit, an additional interest rate may be applied depending on the deposit period.
- Add-on interest rate as usual
- ENJOY PLUS / ENJOY PLUS Gold
The interest rate on ENJOY PLUS and ENJOY PLUS Gold will be applied depending on the term and currency. For more details, please refer to Foreign Currency Time Deposit interest Rates (Add-on Interest Rates).
Please make sure to read the following notes before making transactions.
Notes about this campaign
- Note that this campaign may be discontinued or changed (including its content or duration) at any time without prior notice. Also note that similar campaigns may be held after this one has ended.
- In order to receive the stated benefits, transactions must be completed by the deadline. The process may take a while. Please plan your transaction well in advance.
- Please note that cancellations are not accepted after transactions have been completed, including Foreign Currency Time Deposits that have rolled over automatically, except that SMBC Trust Bank determines cancellation before the maturity date is unavoidable.
Notes about Foreign Currency Deposits
Please read the latest "Information Memorandum" before making transactions. This document is available at our branches, etc.
Please see here for the details of Risk of loss of principal, Commissions, Other considerations and available currencies, etc.
Notes about Add-on Interest Rate
- In the case of depositing from yen funds, please make a foreign currency time deposit directly from your Yen Savings Account or PRESTIA Multi Money Yen Savings Account. Please note that benefits of this campaign are not applied if you transfer yen funds to your Foreign Currency Savings Account first.
- ENJOY PLUS interest rates is for individual customers.
- Add-on Interest Rate might be revised without notice due to changes in the market environment, among other reasons.
- Add-on Interest Rate will be applied until the first maturity date. In the case of auto-renewal, the interest rate for the same Foreign Currency Time Deposit term and the currency on offer on each maturity date shall apply. When auto-renewal does not apply, the interest rate for the savings account of each currency will be applied after the maturity date.
- Products and services including interest rates, fees, exchange rates, etc. featured here are available for SMBC Trust Bank PRESTIA.
- Products, services and campaigns etc. featured here may not be purchasable or able to be provided to customers for various reasons determined by SMBC Trust Bank. We kindly request your understanding in advance.
- At SMBC Trust Bank PRESTIA, we use profiling (a series of questions related to asset management) to understand the amount of risk you are able to accept. The answers received in profiling, and the risk acceptable to the customer, are expressed numerically as a "customer risk tolerance (risk score)". Please be aware that investment in a product is not possible if the customer risk score is below the product risk level.
- SMBC Trust Bank PRESTIA charges a monthly account maintenance fee of 2,000 yen (excluding tax) to your account on the second business day of each month. Please note, however, that no such fee will be charged for the month in question if your Total Average Monthly Relationship Balance of the previous month or other conditions satisfy specific requirements.
Company Name: SMBC Trust Bank Ltd.
As of July 20, 2020