Re: [tlug] [OT] Japan and 海外 credit cards

[Curt Sampson <cjs@example.com>]

On 2009-08-02 22:45 +0900 (Sun), Edward Middleton wrote:

> Shinsei is OK, when they first came out they were the only bank offering
> this sort of low cost banking service.  Shinsei concerns me because, I
> presume they are running the banking services at a loss and the
> investment products[1], that I presume is their intended revenue stream,
> weren't very competitive.

They may not be competitive, but various individual products I've seen
are certainly very profitable for Shinsei. For many of their foreign
investments I've noticed that they take any upside on currency changes,
but leave the customer with any downside. Needless to say, I'd not
invest with them unless you are capable of doing a proper risk analysis
of the investment or can find someone to do this for you.

> Hanko's don't need to be approved and most banks will even accept the
> 100 yen shop verity (which is totally ridiculous).  Getting a properly
> made Hanko is trivial so it is easier to just get one made.

Note that this is true for some things, such as bank accounts (where
companies traditionally use a different hanko than their official one),
but there are other things, such as company incorporation, where you
must have a hanko and it must be officially approved.

cjs
-- 
Curt Sampson       <cjs@example.com>        +81 90 7737 2974
           Functional programming in all senses of the word:
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