Japan Post to shut down ATMs on Sept. 30 ahead of privatization

Japan Post said Friday all of some 26,000 automated teller machines for postal savings will be taken out of service on Sept. 30 to prepare for the privatization of postal services due to start the following day.

All postal ATMs installed at post offices and other locations across Japan need to be suspended so as to confirm the amount of cash Japan Post holds on the last day as a public corporation, it said.

ATMs operated by financial institutions and convenience stores tied up with Japan Post will not be affected.

In addition, electronic remittances via the Internet and the use of debit cards will be possible as usual, Japan Post said.