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Yucho
is an interbank network in Japan, owned and operated by the postal savings division of Japan Post Bank. It counts some 26,519 ATMs, of which 23,500 are at post offices and 2,869 are away from post offices. The number of ATMs correspond to about one for every post office in Japan, excluding a few post offices that are too small to support ATMs. It is one of the first interbank networks, having been set up in 1979. Some 130 banks in Japan have access to the Yucho network and vice versa. However, rather than being members of Yucho, they are affiliates of the network. The network was set up primarily for Japan Post's postal finance systems, which include its savings accounts. Yucho ATMs are also linked internationally to the Cirrus, China UnionPay and PLUS interbank networks, and also accept Visa, MasterCard, American Express, Diners Club, Japan Credit Bureau and China UnionPay credit cards through those networks. Yucho ATMs are categorized into two kinds: actual ATMs, which ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yucho
is an interbank network in Japan, owned and operated by the postal savings division of Japan Post Bank. It counts some 26,519 ATMs, of which 23,500 are at post offices and 2,869 are away from post offices. The number of ATMs correspond to about one for every post office in Japan, excluding a few post offices that are too small to support ATMs. It is one of the first interbank networks, having been set up in 1979. Some 130 banks in Japan have access to the Yucho network and vice versa. However, rather than being members of Yucho, they are affiliates of the network. The network was set up primarily for Japan Post's postal finance systems, which include its savings accounts. Yucho ATMs are also linked internationally to the Cirrus, China UnionPay and PLUS interbank networks, and also accept Visa, MasterCard, American Express, Diners Club, Japan Credit Bureau and China UnionPay credit cards through those networks. Yucho ATMs are categorized into two kinds: actual ATMs, which ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Interbank Networks
An interbank network, also known as an ATM consortium or ATM network, is a computer network that enables ATM cards issued by a financial institution that is a member of the network to be used to perform ATM transactions through ATMs that belong to another member of the network. However, the functions which may be performed at the network ATM vary. For example, special services, such as the purchase of mobile phone airtime, may be available to own-bank but not to network ATM cardholders. Furthermore, the network ATM owner may charge a fee for use of network cards (in addition to any fees imposed by the own-bank). Interbank networks enable ATM cardholders to have access to ATMs of other banks that are members of the network when their own bank's ATM is unavailable. This is especially convenient for travelers traveling abroad, where multinational interbank networks, like Plus or Cirrus, are widely available. Interbank networks also permit, through different means, the use of AT ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Interbank Network
An interbank network, also known as an ATM consortium or ATM network, is a computer network that enables ATM cards issued by a financial institution that is a member of the network to be used to perform ATM transactions through ATMs that belong to another member of the network. However, the functions which may be performed at the network ATM vary. For example, special services, such as the purchase of mobile phone airtime, may be available to own-bank but not to network ATM cardholders. Furthermore, the network ATM owner may charge a fee for use of network cards (in addition to any fees imposed by the own-bank). Interbank networks enable ATM cardholders to have access to ATMs of other banks that are members of the network when their own bank's ATM is unavailable. This is especially convenient for travelers traveling abroad, where multinational interbank networks, like Plus or Cirrus, are widely available. Interbank networks also permit, through different means, the use of AT ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japan Post Bank
, is a Japanese bank headquartered in Tokyo. It is a corporation held by Japan Post Holdings, in which the government of Japan has a majority stake. It is a major financial institution that started in 1875 as a postal savings system, and that still today continues to operate primarily out of post office branches. It manages over ¥205 trillion of assets and offers services in almost 24,000 branches across Japan. At times in its history, it was the largest financial institution in the world. Since its conception, it has played a significant role in both making economic services to people in Japan and making investments towards the economic and industrial development of the country. Throughout the vast majority of its history, Japan Post Bank had always been fully government owned and organizationally a part of the postal system. In 2007, a bill was passed to begin the privatization of Japan Post Bank and to create separate companies to handle the distinct responsibilities of Japan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking In Japan
The main elements of Japan's financial system are much the same as those of other major industrialized nations: a commercial banking system, which accepts deposits, extends loans to businesses, and deals in foreign exchange; specialized government-owned financial institutions, which fund various sectors of the domestic economy; securities companies, which provide brokerage services, underwrite corporate and government securities, and deal in securities markets; capital markets, which offer the means to finance public and private debt and to sell residual corporate ownership; and money markets, which offer banks a source of liquidity and provide the Bank of Japan with a tool to implement monetary policy. Banks Japan's traditional banking system was segmented into clearly defined components in the late 1980s: commercial banks (thirteen major and sixty-four smaller regional banks), long-term credit banks (seven), trust banks (seven), mutual loan and savings banks (sixty-nine), and v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1979
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japan Standard Time
, or , is the standard time zone in Japan, 9 hours ahead of UTC ( UTC+09:00). Japan does not observe daylight saving time, though its introduction has been debated on several occasions. During World War II, the time zone was often referred to as Tokyo Standard Time. Japan Standard Time is equivalent to Korean Standard Time, Pyongyang Time (North Korea), Eastern Indonesia Standard Time, East-Timorese Standard Time and Yakutsk Time (Russia). History Before the Meiji era (1868–1912), each local region had its own time zone in which noon was when the sun was exactly at its culmination. As modern transportation methods, such as trains, were adopted, this practice became a source of confusion. For example, there is a difference of about 5 degrees longitude between Tokyo and Osaka and because of this, a train that departed from Tokyo would arrive at Osaka 20 minutes behind the time in Tokyo. In 1886, Ordinance 51 was issued in response to this problem, which stated: Accordi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ATM Card
An ATM card is a payment card or dedicated payment card issued by a financial institution (i.e. a bank) which enables a customer to access their financial accounts via its and others' automated teller machines (ATMs) and to make approved point of purchase retail transactions (i.e. gas stations, grocery, hardware, department stores, etc.) ATM cards are not credit cards or debit cards. ATM cards are payment card size and style plastic cards with a magnetic stripe and/or a plastic smart card with a chip that contains a unique card number and some security information such as an expiration date or CVVC (CVV). ATM cards are known by a variety of names such as bank card, MAC (money access card), client card, key card or cash card, among others. Other payment cards, such as debit cards and credit cards can also function as ATM cards. Charge and proprietary cards cannot be used as ATM cards. The use of a credit card to withdraw cash at an ATM is treated differently to a point of sale ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Passbook
A passbook or bankbook is a paper book used to record bank or building society transactions on a deposit account. Traditionally, a passbook was used for accounts with a low transaction volume, such as savings accounts. A bank teller or postmaster would write the date, amount of the transaction and the updated balance and enter his or her initials by hand. In the late 20th century, small dot matrix or inkjet printers were introduced that were capable of updating the passbook at the account holder's convenience, either at an automated teller machine or a passbook printer, either in a self-serve mode, by post, or in a branch. History Passbooks appeared in the 18th century, allowing customers to hold transaction information in their own hands for the first time. Until then, transactions were recorded in ledgers at the bank only, so customers had no history of their own deposits and withdrawals. The passbook, which was around the size of a passport, ensured that customers had con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Card
A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt (i.e., promise to the card issuer to pay them for the amounts plus the other agreed charges). The card issuer (usually a bank or credit union) creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance. There are two credit card groups: consumer credit cards and business credit cards. Most cards are plastic, but some are metal cards (stainless steel, gold, palladium, titanium), and a few gemstone-encrusted metal cards. A regular credit card is different from a charge card, which requires the balance to be repaid in full each month or at the end of each statement cycle. In contrast, credit cards allow the consumers to build a continuing balance of debt, subject to interest being charged. A credit car ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japan Credit Bureau
, formerly Japan Credit Bureau, is a credit card company based in Tokyo, Japan. It is accepted at JCB merchants, and has strategic alliances with Discover Network merchants in the United States, UnionPay merchants in China, American Express merchants in Canada, and RuPay merchants in India. History Founded in 1961 as Japan Credit Bureau, JCB established itself in the Japanese credit card market when it purchased Osaka Credit Bureau in 1968. its cards are issued to 130 million customers in 23 countries. JCB also operates a network of membership airport lounges for holders of their Platinum Cards issued outside Japan. Since 1981, JCB has been expanding its business overseas. JCB cards are issued in 24 countries, in most countries JCB is affiliated with financial institutions to license them to issue JCB-branded cards. All international operations are conducted through its 100%-owned subsidiary, JCB International Credit Card Co., Ltd. In the United States, JCB is not a prim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Express
American Express Company (Amex) is an American multinational corporation specialized in payment card services headquartered at 200 Vesey Street in the Battery Park City neighborhood of Lower Manhattan in New York City. The company was founded in 1850 and is one of the 30 components of the Dow Jones Industrial Average. The company's logo, adopted in 1958, is a gladiator or centurion whose image appears on the company's well-known traveler's cheques, charge cards, and credit cards. During the 1980s, Amex invested in the brokerage industry, acquiring what became, in increments, Shearson Lehman Hutton and then divesting these into what became Smith Barney Shearson (owned by Primerica) and a revived Lehman Brothers. By 2008 neither the Shearson nor the Lehman name existed. In 2016, credit cards using the American Express network accounted for 22.9% of the total dollar volume of credit card transactions in the United States. , the company had 121.7million cards in force, includ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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