CHUKYO Information
THE CHUKYO BANK, Ltd. is a Japanese financial institution that was established in 1943. It's headquartered in Nagoya and operates primarily in Japan.
The bank provides a variety of financial services to both individual and corporate clients, such as banking, credit card services, and loan guarantees. However, it lacks regulation by any well-known financial institution.
Pros & Cons
Is CHUKYO Legit?
CHUKYO is not regulated by other well-known regulatory authorities.
What Can I Trade on CHUKYO?
CHUKYO provides a full suite of financial services, encompassing investment products, lending options, insurance coverage, and retirement planning.
Account Type
CHUKYO offers personal accounts for savings, borrowing, and investment, including online platforms like Chukyo Direct Net Version and Chukyo Investment Trust Direct.
For corporate customers, CHUKYO provides full business solutions ranging from management and fundraising to accountancy and international business support. Online platforms such as Chukyo Business Direct and Chukyo Forex WEB frequently offer these services.
CHUKYO Fees
Compare with other trading institution, the fees structure of CHUKYO is relatively complex.
Domestic Transfers
Within the same branch fees start from 330 yen for transfers under 30,000 yen. To other banks fees can go up to 880 yen depending on the destination.
ATM Fees
220 yen for transfers under 30,000 yen using the Chukyo Direct Net Version. And 440 yen for transfers over 30,000 yen via the same method.
Other Fees
A 440-yen fee is charged for remittances within the banks branches when remittance, reissuance of documents needs 1,100 yen. As for loan-related fees, partial early repayments or interest rate changes may range from free to 55,000 yen, depending on the specific situation.
Trading Platform
Deposit and Withdrawal
The minimum deposit for Chukyo Bank's Foreign Currency Time Deposits is 500 USD, with a flexible range of 1 to 12 month periods.
Deposit Options
Withdrawal Options
