If there is any inconsistency between the two, the Japanese version shall prevail.Domestic Money Transfers, Debits, and Other Services Unscheduled repayment can also be made in cash at a Seven Bank ATM by using the Bank's prescribed smartphone application.In addition to scheduled repayments, outstanding loans can be repaid at any time by way of account transfer from the borrower’s ordinary deposit through the direct banking service.You can check the list of Seven Bank Account Terms and Conditions.Having reached the age of 20 or older but not exceeding the age of 70, when concluding the loan agreementMeeting the predetermined examination criteria and determined eligible to receive a guarantee provided by the designated guarantee company (Acom Co., Ltd.)If the customer is a foreign national, having the status of permanent resident in JapanWe accept applications for an increase of the borrowing limit only from existing customers who have transaction records for 2 months or more after entering into agreements with Seven Bank.A foreign national's status of permanent resident in Japan can be confirmed only at a branch with stationed staff.We determine the borrowing limit for each applicant based on the results of the examination.We stopped accepting applications to increase the limit to Â¥700,000 Yen and Â¥1,000,000 Yen.The loan period may be automatically renewed pursuant to the Loan Service Terms and Conditions.Loan interest rates are floating interest rates and may be revised from time to time, according to changes in financial conditions, pursuant to the Loan Service Terms and Conditions.If the interest rate is revised, the new interest rate will become effective on the immediately subsequent monthly repayment date (as per the agreed repayment schedule).If the loan interest rate is changed along with the change of the borrowing limit, the new loan interest rate shall apply from the date of contract for the change of the borrowing limit.Each loan must be a minimum of ¥1,000 and in 1,000-yen units.The maximum amount that can be borrowed will be an amount within the daily ATM withdrawal limit.Borrowings are unavailable through any ATM other than Seven Bank ATMs.Borrowings through direct banking are available for a loan amount of ¥1 or more in one-yen units.If any repayment date falls on Saturday, Sunday, a national holiday, or other statutory non-business day for banks, the immediately following business day is the repayment date.If a customer having no outstanding loans borrows a loan from the Bank, the borrower’s repayments will start from the second monthly repayment date, as the interest due and payable on the first monthly repayment date will be incorporated into the relevant balance on that day instead of being repaid. Financial Institution Code (Bank Code): 0034 Securities Identification Code: 8410The Direct Banking Service is unavailable from around 11:50 PM on the third Sunday each month to around 5:30 AM on the next day.You need a Seven Bank account to apply for the Loan Service.We encourage you to use the loan service in a planned manner keeping monthly repayments in mind.Click here to move to the Application page, and enter and send the required information.We will notify you of the screening results by email to your registered email address (within a few business days at earliest).After receiving your cash card, register for the Direct Banking Service.We will notify you of the completion of the agreement procedure by email to your registered email address.You can easily complete the whole procedure online, from filing an application to executing an agreement, using your smartphone or PC.We do not issue a card dedicated for the Loan Service. 【Bank Account Services】 ・International money transfers ・Debit Service ・Time deposits ・Ordinary deposits ・Loans ・Online payment ・Automatic payments 【ATM Services】 … If a new borrowing is made on the monthly repayment date, monthly repayments start on the first monthly repayment date.When borrowing for the first time, or when borrowing again after repaying the entire amount, the normal monthly repayment date is different from the initial monthly repayment date. A repayment by account transfer is allowed for a minimum of ¥1 and in one-yen units.If an amount exceeding the sum of the loan balance and accrued interest has been repaid, the excess amount will be returned to the borrower’s ordinary deposit by account transfer.If any outstanding loan remains even after a voluntary repayment, the borrower must continue to make his/her monthly scheduled repayments.While any monthly scheduled repayment remains overdue, no unscheduled repayments are allowed.A repayment may be made either in the form of a lump-sum payment of all outstanding loans and accrued interest or as a partial repayment.A repayment by account transfer is allowed for a minimum of ¥1 and in one-yen units.If any outstanding loan remains even after the borrower makes a voluntary repayment, the borrower must continue to make his/her monthly scheduled repayments.While any monthly scheduled repayment remains overdue, no unscheduled repayments are allowed.Borrowers do not need to arrange collateral security or guarantors by themselves, since Acom Co., Ltd. will provide a guarantee for the Bank’s loan service.Guarantee fees are included in the Bank’s loan interest.Monday to Friday (excluding national holidays and non-business days for banks)The above is an English translation of the Japanese version, prepared merely for the customers' convenience. 5,000 yen, 10,000 yen or 15,000 yen). Online Transactions (Direct Banking Service) Ways to Register and Use Direct Banking Service. Step1 ： Confirm the Details of Loan Service and Agree to Various Terms and Conditions.
Copyright 2020 seven bank loan