IBSJ clients can make deposits and withdrawals in four Supported Cashiering Currencies – JPY, USD, EUR, and GBP.
Withdrawals are allowed in base currency (JPY) and positive balances of other supported currencies held in the account. If the client wants to withdraw funds, the system checks first if there are sufficient available funds in the requested or other supported currencies to cover 100% of the withdrawal amount. If there are insufficient funds in the requested currency, IBSJ will automatically convert positive balances in other available currencies to the requested one.
Clients can use the option “Withdraw All Available Cash”, which allows a withdrawal of all available funds in one currency. IBSJ will automatically convert positive balances to the requested one without leaving residual balances.
For further information please see the IBSJ Multi-Currency Account Foreign Exchange Restrictions Disclosure.
Please Note
- IBSJ does NOT charge clients commissions for automatic currency conversion.
- Commissions for currency conversion used for closing a non-JPY cash balance are presented on our website.
- Supported cashiering currency is a currency in which client can make deposits and withdrawals.
- Base currency: JPY.
- System shows the projected Cash Available for Withdrawal. The final withdrawal amount may differ from the requested due to fluctuation in currency exchange rates.
Additional Information