Mizuho Bank announced that it will reduce the fee for transferring money to other bank accounts at ATMs and online banking by up to 120 yen from October.
With all the major price cuts, it is expected that the price cuts will spread to regional banks in the future.
Let's start price cuts for 3 major banks
Mizuho Bank will reduce the transfer fee from October 1st due to the reduction of the remittance fee using the common system between banks.
Of these, the fee for transferring money from ATMs = automatic teller machines and store counters to other bank accounts will be reduced by 60 yen for less than 30,000 yen and 110 yen for more than 30,000 yen.
As a result, the transfer fee when using a cash card at an ATM will be 270 yen for less than 30,000 yen and 330 yen for more than 30,000 yen.
Fees for transferring money from online banking to other bank accounts will be reduced by 70 yen for less than 30,000 yen to 150 yen, and 120 yen for more than 30,000 yen. I will make it 320 yen.
So far, Bank of Tokyo-Mitsubishi UFJ and Sumitomo Mitsui Banking Corporation have announced price cuts of up to 110 yen.
With the price cuts of the three major banks, it is expected that the movement to reduce the transfer fee will spread in the future, even at regional banks.