Change of the Criteria for Implementing the Illegal Account Use Prevention Measure (Suspension of Withdrawals)
(WorldNews Japan)

Change of the Criteria for Implementing the Illegal Account Use Prevention Measure (Suspension of Withdrawals) February, 2020 In accordance with Paragraph 4, Article 10 of the Common Customer Agreement on PowerFlex Transactions, Shinsei Bank has been suspending withdrawals from the accounts that meet the three criteria below on the date and time designated by the Bank for preventing illegal account use. The Bank will abolish the balance criterion in May 2020 in order to strengthen the illegal account use prevention measure. Please note that withdrawals of yen ordinary deposits from the accounts that meet the two criteria below will be suspended on and after May 2020. Payments and automatic...