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Yucho (ゆうちょ, Yūcho) is an interbank network in Japan, owned and operated by the postal savings division of Japan Post Bank. It counts some 26,519 ATMs, of which 23,500 are at post offices and 2,869 are away from post offices. The number of ATMs correspond to about one for every post office in Japan, excluding a few post offices that ...
In May 2019, Japan Post Bank launched Yucho, a smartphone-based payment service that pays a participating store directly from the user's bank account. The service initially launched with approximately 10,000 customers, and also allows for payment or withdrawals through scanning QR codes .
The law also stated that Japan Post Bank and Japan Post Insurance are to go public in 2010 and their shares would be made available to the market two years later. [8] [9] However, the majority privatisation process, which nonetheless saw the Japanese government still maintain control of one-third of the company's stock, was completed in October ...
At the end of 2019, the government had a 57% ownership stake in Japan Post Holdings, [24] which still owns 90% of Japan Post Bank and Japan Post Insurance. [25] [26] In April 2021, Japan Post Holdings agreed to sell part of its unprofitable Australian logistics company Toll Holdings for only 7.8 million Australian dollars. [27]
Major networks include BANCS (urban bank) and YUCHO (Japan Post Bank). Minor networks include ACS (local bank), SOCS (trust bank), LONGS (long term bank), SCS (secondary local bank), SINKIN-NETCASH (Shinkin bank), SANCS (credit union), ROCS (Labour Bank), and JABANK-NET (Norinchukin Bank). Inter-network banking funds transfer is case-by-case.
Japan Post Bank; K. Kenya Post Office Savings Bank; Kiwibank; L. Latvijas Krājbanka; ... Yucho This page was last edited on 16 February 2022, at 07:37 (UTC). ...
Japan Post (Nihon Yūsei Kōsha (日本郵政公社)), restructured to Japan Post Bank in 2007.; Agriculture Forestry and Fisheries Finance Corporation (AFC; Nōrin Gyogyō Kin'yū Kōko (農林漁業金融公庫)), merged to JFC in 2008.
Japan Post Co., Ltd. (日本郵便株式会社, Nippon Yū-bin Kabushiki-gaisha), is a Japanese post, logistics and courier headquartered in Tokyo. It is part of the Japan Post Holdings group. History