With the recent depreciation of the yen and rising prices, many of you may be thinking about investing your assets for the future.
The weak yen has become a hot topic these days, with prices falling as much as 149 yen per dollar.
Many people are thinking of starting asset management for the future due to the price increase of imported goods and the rising prices of things.
In fact, you can increase your assets even in a weak yen situation by managing foreign currencies well.
Up your interest rate with foreign exchange gains and limited interest rates!
Foreign exchange gains
Saiga NAK When you make a foreign currency deposit or exchange money, you may consider " foreign exchange gains".
Foreign exchange gains are gains that arise from daily fluctuations in exchange rates.
For example, if you buy US dollars at 100 yen per dollar and exchange them for dollars at 105 yen per dollar when the yen is weak, you will make a profit of 5 yen.
Conversely, if the yen appreciates to 95 yen per dollar and you exchange yen for dollars, you will lose 5 yen.
If you currently have a foreign currency deposit, you will earn a foreign exchange profit equal to the difference between the exchange rate at that time and the rate at which you exchanged your money!
Note that you may also incur a foreign exchange loss depending on the exchange rate.
Sony Bank's "Limited Interest Rate Service Starting with Yen" offers higher interest rates than usual!
For those who have started a Yen Savings Deposit for asset management, we recommend Sony Bank's "Limited Interest Starting from Yen " service!
This service is available when you apply for a foreign currency time deposit directly from your Yen Savings Deposit, and the interest rate will be higher than usual.
Deposits can be made from 100,000 yen, and after 100,000 yen, the deposit amount can be specified in 1 yen increments and the deposit amount can be adjusted as desired.
Seven types of foreign currencies, including the U.S. dollar, are currently offered for Foreign Currency Time Deposits.
Since you can choose from a wide variety of foreign currencies, you can select the foreign currency you wish to deposit by comparing the exchange rates at that time.
You can choose what to do after maturity!
You can choose from the following three patterns for your maturing deposit.
- Automatic continuation of principal and interest
- Automatic cancellation (deposit into Foreign Currency Savings Deposit)
- Automatic cancellation (deposit into Yen Savings)
You can choose one of the following three options: "Automatic Renewal ", in which the deposit amount continues to be invested at the normal foreign currency time deposit interest rate upon maturity; " Automatic Cancellation ", in which the deposit amount is credited to the foreign currency savings account after maturity and can be converted to yen at any time; or "Automatic Termination", in which the deposit amount is automatically converted to yen at the exchange rate at the time of maturity and credited to the Yen Savings Account. Automatic Cancellation " is a type of savings account that is automatically converted to yen at the exchange rate at maturity and credited to the Yen Savings Account.
Since the handling after maturity is different for each of these options, it is nice to be able to choose the one that best suits your profit and loss based on the exchange rate at that time.
Sony Bank also offers a service called " Foreign Currency Deposit Profit and Loss Status Tool " that allows you to track your foreign currency deposit profits and losses.
This service allows you to instantly see how much profit or loss you are making, and how much profit or loss you have made so far.
This kind of management becomes more and more complicated over time, so you should take advantage of this service to help you keep track of it!
If you are looking for a high interest rate, Sony Bank is the place to go!
Saiga NAK We have just described Sony Bank's services that offer higher interest rates, but Sony Bank has been highly rated in many areas including "interest rates," "fees," and "information provided. We have been ranked No.1 in foreign currency deposits for three consecutive years!
Sony Bank also offers special benefits!
No foreign exchange costs for a limited time!
ソニー銀行公式サイト When you start a foreign currency deposit, foreign exchange cost is a criterion for selection, and the lower the cost, the better.
Sony Bank offers free foreign currency exchange (against the yen) until the end of the second month following the opening of your account!
For example, if you purchase 10,000 US dollars, you will have to pay 1,500 yen for the foreign exchange cost.
If you start a foreign currency deposit in order to earn interest and then have to pay huge fees, there is no reason to miss this offer.
There is no reason to miss out on this special offer.
12 types of currencies handled! Wide range of coverage
Sony Bank offers a wide variety of foreign currencies, including the following 12 currencies.
- U.S. Dollar
- Euro
- British Pound
- Australian Dollar
- NZ Dollar
- Canadian Dollar
- Swiss Franc
- Hong Kong Dollar
- Brazilian Real (BRL)
- Chinese Yuan Renminbi (CNH)
- South African Rand (SAR)
- Swedish (SWE) Krona
Different foreign currencies offer different interest rates, so you can deposit according to the interest rate situation.
Save even more with ClubS, the preferential interest rate program!
Sony Bank's "ClubS" preferential treatment program offers three levels of benefits: Silver, Gold, and Platinum.
The most exciting stages include a reduction in the exchange cost of US dollars (against the yen) by up to 4 sen and a cashback rate of up to 2.0% on the Sony Bank WALLET.
Start your foreign currency deposit with Sony Bank!
There are three ways to open an account with Sony Bank: "paperless
account opening," "smartphone account opening," and " account opening by mail.
Opening a paperless account takes about 2 days after application, opening a smartphone account takes about 3 days, and opening an account by mail takes about 3 or 4 days, depending on the timing of mailing.
The time it takes to open an account varies depending on the method, so choose the method that best suits your situation.
As we have introduced asset management using foreign currencies, choosing a bank with high interest rates and low exchange costs is a key point when starting a foreign currency deposit.
It is also important to choose a bank that offers various benefits and is easy to use.
Sony Bank offers a wide variety of special benefits, such as free foreign exchange for a limited period of time and reduced foreign exchange costs for those who have earned a ClubS stage in the preferential program.
If you often travel abroad, why not choose Sony Bank as your bank of choice?
For more information on Sony Bank's foreign currency deposits, please visit the official Sony Bank website!
Sorry, this article is only available in Japanese. at the moment.
