Sony Bank Commences Yen Time Deposits via Its Mobile Banking Service
November 7, 2006
Sony Bank Inc., an 88.0%-owned subsidiary of Sony Financial Holdings, today announced the expansion of its "mobile banking service," launched in June 2006, and the commencement of yen time deposits (excluding thrift saving deposits) through its mobile banking service, from November 13, 2006.
For yen time deposits, this launch will enable such functions as applying, changing handling at maturity, canceling and reviewing transaction records via mobile phone. Currently, these functions are available only via PC. In addition to foreign currency deposit transactions and money transfers, customers who have accounts at Sony Bank and have registered for the mobile banking service can access yen time deposits offering the favorable rates that only an Internet bank can do, essentially 24 hours a day, 365 days a year.
Extending its concept of "a bank that you take with you," Sony Bank will expand its mobile banking functionality and service offerings, enhance its convenience and continue responding to customers’ diverse financial needs.
Note: This is an English-language summary of a Japanese announcement made by Sony Bank on November 7, 2006. The summary was prepared by Sony Financial Holdings Inc. solely for the convenience of non-Japanese readers.
