Mizuho Bank A person who creates a new account issues a 1100 yen fee for issuing a passbook August 21 at 7:55
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From January next year, Mizuho Bank, a major bank, will charge a fee of 1100 yen to issue a passbook if a person under the age of 70 makes a bank account.
According to Mizuho Bank, from January next year, if a person who creates a new account wants to issue a paper passbook, it will decide to take a fee.
This means that people under the age of 70 will be charged 1100 yen including tax, per paper passbook. For those who already have an account, if they wish, they will continue to issue a paper passbook for free.
Mizuho Bank wants to encourage the transition from paper passbooks to digital passbooks by checking the balance and the history of transactions for the past 10 years on the Internet as the fees are introduced. The background is that the profit environment of banks is deteriorating due to long-term low interest rates, and there is an aim to reduce costs.
At major banks, Sumitomo Mitsui Banking Corporation and Mitsubishi UFJ Bank are already using digital passbooks in principle.
If Mizuho Bank charges a fee, it may spread to other banks.