Tag: Japan

Post offices to start internet-based banking services

Posted by | Mar 12, 2002 | |

The Postal Services Agency said Tuesday its postal savings division will start Internet-based banking services on March 25 on the strength of its nationwide network of post offices.
The “Yucho Internet Home Service” will enable holders of postal savings accounts to remit money, check balances at their accounts, have mailmen deliver envelopes containing cash to their homes or any address they specify and to pay for goods and services they buy via the Net.

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Japan Post Participation in 2003 Fund Market

Posted by | Feb 10, 2002 | |

The Japanese Ministry of Public Management plans to let the public postal corporation, to be created in spring 2003, participate in the call market, a short-term fund market for financial institutions, the Nihon Keizai Shimbun reported in its Monday edition. If the plan materializes, the corporation will be allowed to pump postal deposit and insurance funds, totaling Y2-3 trillion, directly into the market, making it the largest fund supplier in the call market.

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Japan to establish a solid foundation for privatizing postal services

Posted by | Jan 24, 2002 | |

The current Diet session will get down to details on formation of a Japan Postal Corp., which would take over postal services, postal savings and postal insurance programs beginning in April 2003. Discussion will focus on the proposals outlined in an interim report prepared at the end of last year by advisers to the Ministry of Public Management, Home Affairs, Posts and Telecommunications.

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