If you wish to open a new account and issue a paper passbook, Bank of Tokyo-Mitsubishi UFJ will in principle charge an annual fee of 550 yen from April.

The aim is to require users to bear the cost of paper passbooks and to encourage them to switch to digital passbooks.

Bank of Tokyo-Mitsubishi UFJ will, in principle, charge an annual fee of 550 yen if it wishes to issue a paper passbook when opening a new deposit account from April 1st.

However, users under the age of 18 and over 70 are not eligible and will continue to be free.

In addition to the annual stamp duty of 200 yen, paper and printing costs are incurred for paper passbooks, so we decided to ask for a part of the costs in order to maintain the paper passbooks. It is said that.

At the same time, by expanding the functions of online banking, we will encourage users to switch to digital passbooks that allow them to check their balances and deposit / withdrawal records on their smartphones.

Regarding paper passbooks, other mega banks such as Sumitomo Mitsui Banking Corporation and Mizuho Bank and some regional banks have already introduced fees, and as financial institutions are focusing on digitizing services, we will review the way fees should be. The movement is likely to continue to spread.