MoneyInJapan

SBI Sumishin Net Bank 住信SBIネット銀行

Online bank · SBI Group and SMTB

English support: Not confirmed

One of Japan’s largest online banks by deposits, well integrated with SBI Securities and known for competitive FX and its NEOBANK platform.

Name change

The JBA member list dated 2026-08-03 records this institution under the DOCOMO SMTB Net Bank name, replacing Sumishin SBI Net Bank.

2026-08-03

English support, by channel

WebsiteNot confirmed
ApplicationNot confirmed
Mobile appNot confirmed
Phone supportNot confirmed
BranchNot confirmed

Channels without documentation read “Not confirmed” — based on official documentation, not anecdotes.

Key facts (with sources)

CategoryValueSources
Bank typeOnline bankSBI Sumishin Net Bank
Monthly account feeFreeStandard yen ordinary-deposit accountSBI Sumishin Net Bank
Branch accessNoSBI Sumishin Net Bank
Digital-onlyYesSBI Sumishin Net Bank
Online applicationYesSBI Sumishin Net Bank
ATM networkNo own ATMs; uses convenience-store and partner ATMs.SBI Sumishin Net Bank
Foreign-currency accountYesSBI Sumishin Net Bank
International transfersNot confirmed
Debit cardYesSBI Sumishin Net Bank
Brokerage integrationYesSBI Hybrid deposit links with SBI Securities.SBI Sumishin Net Bank
Point ecosystemNot confirmed
Deposit insuranceYesCovered by the Deposit Insurance System up to ¥10 million in principal plus interest per depositor, per bank.Deposit Insurance System

Advantages

  • Tight SBI Securities integration for investing
  • Competitive FX and a Mastercard debit
  • No monthly account fee
Limitations
  • Service is Japanese-first
  • Feature-dense for beginners
  • No branches

Who this is for

  • SBI Securities investors
  • People wanting competitive FX in an online bank

What this is not

  • People who need branches or English service

What this bank offers

Service coverage across 20 dimensions, from the JBA member directory (checked 2026-08-15). 6 of 20 were confirmed on official pages; 0 are typical for this category rather than confirmed for this bank.

  • Offered
  • Typical for this category — verify
  • Limited
  • Corporate / institutional only
  • Not offered
  • Not confirmed

Everyday banking

Personal deposit account
Offered
Salary / pension receiving
Offered
Direct debit / bill payment
Offered
Debit / cashless payment
Offered
Online / mobile banking
Offered
ATM / cash access
Offered

Borrowing

Mortgage
Varies by institution — not confirmed
Consumer / card loans
Varies by institution — not confirmed

Investing, insurance & estate

Investments / NISA
Varies, and may run through a partner — not confirmed
iDeCo / retirement
Varies, and may run through a partner — not confirmed
Insurance
Varies, and may run through a partner — not confirmed
Inheritance / trust / estate
Limited — scope varies

International & English

Foreign-currency deposits
Varies by institution — not confirmed
International remittance
Varies by institution — not confirmed
English / multilingual support
Varies by institution — not confirmed
Trade finance / overseas business
Limited — scope varies

Business banking

Business / corporate account
Varies by institution — not confirmed
Sole-proprietor banking
Varies by institution — not confirmed
Business financing
Varies by institution — not confirmed
Business internet banking
Varies by institution — not confirmed

Accounts & products

  • SBI Sumishin Net Bank — Ordinary DepositThe standard everyday yen account at SBI Sumishin Net Bank, with no monthly maintenance fee.
About required documents

Banks typically request a residence card or ID, My Number, and a Japanese address. Exact documents vary by residence status, account type and timing. We do not estimate approval. Always confirm current requirements on the bank’s official pages and with the Immigration Services Agency.

Alternatives

  • Sony BankAn online-only bank popular for strong foreign-currency features, a multi-currency debit card, and a well-regarded app.
  • Rakuten BankOne of Japan’s largest online banks by number of accounts, tightly integrated with the Rakuten ecosystem (card, points, securities).

Sources