SKC
Senior Member
- Joined
- Aug 16, 2014
- Messages
- 8,821
- Likes
- 30,368
Apparently in many cases the interest rate is Negative in Japan.Japanese Banks for you:
People end up paying money to banks to keep their own money!
Many sectors have upto flat 50% tax rates with no buckets to claim relaxations.
Many Banks are still using online portal made in 1995. Apps are just web URL which points to browser for their browser based application.
Did not expect this extreme condition with such basic thing in Japan.
Also people hate cards and online money transfer apps there and will simply refuse to offer you product unless you come up with hard cash to buy it.