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Shikoku Bank

WikiFX | 2024-11-26 18:44

Abstract:Established in 1996 in Japan, Shikoku Bank provides stocks, bonds, investment trusts, fund wrap services, and NISA among other financial products. Although it is not under control by any acknowledged financial authority, it mostly serves needs of individual and business banking.

Shikoku Bank Review Summary
Founded1996
Registered Country/RegionJapan
RegulationNot regulated
Market InstrumentsStocks, Bonds, Investment Trusts, Fund Wrap, NISA
Demo Account❌
Leverage/
Spread/
Trading PlatformPersonal and Corporate Internet Banking platforms
Min Deposit/
Customer SupportPhone: 088-823-2111 (Main Office, Weekdays 9:00-17:00)

Shikoku Bank Information

Established in 1996 in Japan, Shikoku Bank provides stocks, bonds, investment trusts, fund wrap services, and NISA among other financial products. Although it is not under control by any acknowledged financial authority, it mostly serves needs of individual and business banking.

Shikoku Bank Information

Pros and Cons

Pros Cons
Comprehensive range of banking and investment productsNot regulated
Provides tailored account types for individuals and corporatesNo demo or leverage-based trading options
Online banking services available

Is Shikoku Bank Legit?

Under no acknowledged financial regulating body, Shikoku Bank is not governed in Japan, its registered nation. Moreover, it does not have licenses from renowned companies all around, such ASIC (Australia) or the FCA (UK).

Is Shikoku Bank Legit?

What Can I Trade on Shikoku Bank?

Shikoku Bank provides a large spectrum of financial goods and services catered for both normal banking customers and investors. These comprise equities, bonds, market analysis, and investment management tools.

What Can I Trade on Shikoku Bank?
Product/ServiceSupported
Stocks✔
Bonds✔
Investment Trusts✔
Fund Wrap✔
NISA✔

Account Types

Shikoku Bank offers three account types: Individual Accounts for personal banking and investments, Corporate Accounts for business-focused services, and Corporate/IR Accounts for asset management and investor relations. Demo and Islamic accounts are not available.

Shikoku Bank Fees

Depending on the kind of transaction, Shikoku Bank provides a range of services with related costs.

Bank Transfer Fees

MethodTo Shikoku Bank (Below ¥30,000 / Above ¥30,000)To Other Banks (Below ¥30,000 / Above ¥30,000)
Window¥330 / ¥550¥605 / ¥770
ATM (Our Bank Card)¥110 / ¥330¥385 / ¥550
ATM (Other Bank Card)¥220 / ¥440¥495 / ¥660
Internet BankingFree / Free¥275 / ¥330

Collection Fees

ServiceWithin Same StoreWithin Head Office/BranchTo Other Banks
Check CollectionFree¥440¥660
Bill Collection¥660¥660¥660
Individual CollectionN/A¥1,650¥1,650

Currency Exchange Fees

Number of BillsFee
~50 billsFree
51-100 bills¥550
101-500 bills¥825
501-1,000 bills¥1,100
1,001+ billsAdditional ¥550 per 500 bills

Safe Deposit Box Fees

TypeDimensions (mm)Annual Fee
No. 163x246x382¥11,220
No. 284x246x382¥14,960
No. 3120x252x452¥16,830
No. 4138x246x382¥18,700
No. 5187x246x382¥26,180
No. 6287x246x382¥29,920
Manual Safe Deposit Box272x578x493¥37,400

Other Fees

ServiceFee
Remittance Check (Our Bank)¥550
Remittance Check (Other Bank)¥880
Deposit Book Issuance Fee¥2,200
Loan Certificate Issuance¥11,000
Account Opening Fee¥11,000

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