business

SBI Remit starts overseas money transfer service

5 Comments
By Rena Iwama

SBI Remit on Tuesday started an overseas money transfer service in partnership with FamilyMart convenience stores. It is the first time in Japan for customers to be able to send money overseas from a convenience store.

SBI Remit offers this service at 8,100 FamilyMart stores nationwide via its fami-port multimedia terminals. The transfer service operates seven days a week from 12 p.m. to 9 p.m. and money can be received from 1 p.m. on the following day.

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5 Comments
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Is this just for sending money to India? How much does it cost? Let's have some details.

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SBI Supports remitting to the following countries according to their website:

China, Hong Kong, Macau, Taiwan, Korea, Brazil, Philippines, Vietnam, Indonesia, Thailand, Malaysia, India, Nepal, Bangladesh, Sri Lanka, The United States, Australia, New Zealand, The UK, France, Canada

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Fees aren't totally off-the-wall, considering. Might be a smart move by Softbank if the immigrant population here ever gets as big as some people have predicted.

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"12 p.m." does not exist. It's 12 noon or 12 midnight.

Are we to assume this is from noon?

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Might be a smart move by Softbank if the immigrant population here ever gets as big as some people have predicted.

Thanks for the information and success.

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