Traditional Providers
Open a Japanese Yen Business Account
Open a JPY business account and operate across Japan with confidence. Hold, send, and receive JPY via SWIFT for international transfers. Manage your JPY balances with clear control over every transaction.
Reduce FX friction and simplify international transfers
Local account details in your company’s name
Access SWIFT network for JPY payments
Suitable for international operations, non-resident directors, and multi-jurisdictional ownership
Japanese Yen
Currency name
JPY
ISO code
¥
Currency symbol
What’s Included with Your Japanese Yen Business Account
A dedicated yen account integrates JPY into your treasury operations, enabling corporates to transact, hold, and plan with confidence.
Key Benefits
Collect revenues in JPY without forced conversion into another base currency.
Pay suppliers and counterparties in their preferred currency.
Align FX execution with treasury policy and market timing.
Build credibility and trust with Japanese and global counterparties.
The Risk
The Risk of Not Having a Japanese Yen Business Account
Without a yen account, global corporates are forced into repeated conversions and slower settlement, creating avoidable costs and risks.
FX erosion:
Repeated, unplanned conversions compress margins.
Payment delays:
SWIFT-only routes add intermediaries, days, and fees.
Counterparty friction:
Local partners prefer JPY transfers to domestic accounts.
Compliance hurdles:
Paying taxes and payroll without JPY can be challenging.
Who We Serve
Our JPY Business Accounts Are Designed for
We support a wide range of internationally minded businesses. From fast-growing companies expanding into Japan to established global organisations managing complex operations.
Global Corporates
Centralise JPY receivables, fund suppliers and payroll, and align JPY costs with JPY revenues for cleaner margins.
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Funds & Institutions
Manage capital calls and distributions in JPY with role-based approvals and clear audit trails.
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Private Equity
Efficient JPY flows for deals, fees, and SPV/holdco structures with policy-driven FX.
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Family Offices
Discreet JPY management for assets, commitments, and inter-entity transfers under tight permissions.
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The All-in-One Platform
Banq Global vs. Traditional Providers
Open business accounts (20+ countries)
Open multi-currency accounts (30+ currencies)
Preferential exchange rates (130+ currencies)
Receive global payments (190+ countries)
Make global payments (190+ countries)
Currency risk management
Mass payments
Trade finance
All-in-one platform
Dedicated relationship manager
Business Account - Step by Step
How to Open a Japanese Yen Business Account
A clear, expert-led process that reduces rework, shortens decision time, and maintains certainty.
01
Scoping & Fit
We review your structure, directors, UBOs, and JPY flows to confirm feasibility and align the account with your treasury needs.
02
Document Pack
A precise, tailored checklist for your entity type and structure, minimising rounds of clarification.
03
Compliance Review
Disciplined AML/KYC due diligence with prompt Q&A and clear status visibility.
04
Account Issuance
JPY account in your company’s name with unique IBAN and BIC.
05
Go-Live & Controls
Users, roles, approvals, payment templates, and FX policy (including market orders) configured to your standards.
Japanese Yen Business Account - FAQs
Opening a JPY account raises questions on eligibility, payment rails, non-resident onboarding, and compliance. Below are answers to the questions global finance teams ask most often.