SPEED YU-CARD

PROCEDURE ON HOW TO APPLY
At SPEED we make it easier and faster to send your remittance thru Post Office via SPEED Yu-Card.

Please follow the following procedure:

  1. Fill out an application form. Application form is accepted by mail, by fax or thru email (speed.yu-card@smtj.co.jp).
  2. Your application will be processed and your SPEED Yu-Card will be sent to you. You may be contacted if further verification is required. Processing time of application is about one week.
  3. Upon receipt of your “SPEED Yu-Card “and the “Procedure on how to use SPEED Yu-Card” you can now transfer funds through Japan Post Bank ATM.
  4. The tracking number will be sent to your beneficiary and to your registered cell phone number. Kindly update Speed for any changes on both of your contact numbers.
  5. ery Important Reminders on Funds transfers at Japan Post Banks and Cut-off time:

    Fund transfers at any Japan Post Bank
    1 Maximum number of SPEED Yu-Cards to be issued to SMTJ client.
    (One dedicated Yu-Card to a specific beneficiary)
    5
    2 Maximum Cash Remittance thru Japan Post Bank ATM machines only, inclusive of all charges
    (Japan Post Bank and SPEED Money Transfer Japan)
    Maximum ¥100,000
    3 Funds transfers Monday to Friday (if not Japan Holiday):
    1) COMPLETED on or BEFORE 11:30 a.m. (Cut-off time) Same day processing & implementation
    2) Made AFTER 11:30 a.m. Next Business Day of Japan Post Bank and SPEED
    4 Funds transfers made AFTER 11:30 am on Fridays, Saturdays, Sundays & on Holidays Next Business Day of Japan Post Bank and SPEED

     

     

     

Sample computation:

 

¥100,000 LIMIT at JAPAN POST ATM
DEPOSIT COVERAGE JAPAN POST BANK FEE
1 – 49,999 123
50,000 – 100,000 339
**Inclusive of SPEED Fee and JPOST Bank Fee
**Different fee applies for transactions over the counter
Note:
1. JPY100,000 Limit at Japan Post ATM
2. Total Deposit must include SPEED FEE and JPOST Bank Fee.
REMITTANCE AMOUNT SPEED FEE
1 – 10,000 600
10,001 – 20,000 850
20,001 – 30,000 950
30,001 – 40,000 1,300
40,001 – 50,000 1,450
50,001 – 100,000 1,500
SAMPLE COMPUTATION
Example 1:
If you deposit 10,000yen, total remittance to beneficiary will be 9,277yen.
(10,000 – 600 – 123 = 9,277yen)
Example 2:
If you want to send 50,000yen, please transfer 51,789yen.
(50,000 + 1,450 + 339 = 51,789yen)

 

Why SPEED Yu-Card?

✔ EASY TO USE in all Japan Post Bank (Yucho) ATMs over 27,300 all over Japan. Some convenience stores have installed Yucho ATM (Family Mart).
✔ SIMPLE AND FAST NO NEED TO CALL OR TEXT FOR INSTRUCTIONS. One SPEED Yu-Card for one specified beneficiary.
✔ REASONABLE FEES See sample computation above.

Other Information:

  • A fee of ¥500 will be shouldered by the applicant in case of replacement of damaged or lost cards and change of elected beneficiary. New cards with new number shall be issued.
  • Free of charge for replacing defective cards. These are cards that are defective or did not work at first use.

HOW TO USE SPEED YU-CARD USING JAPAN POST BANKS


DOWNLOADABLE FORMS
YUCARD APPLICATION SAMPLE – HOW TO FILL IN

YUCARD APPLICATION

➣ SELF-ADDRESSED ENVELOPE

➣ YUCARD TERMS AND CONDITION