About SHINSEI BANK
Overview
SBI Shinsei Bank is a Japanese bank registered in Japan, operating under the official domain shinseibank.com. According to our records, the entity was established on December 14, 2018. It is a member of the SBI Group, a prominent Japanese internet financial services conglomerate. The bank offers a broad spectrum of banking and investment services to both individual and corporate clients, primarily within Japan.
It is important to note that while SBI Shinsei Bank formerly provided an FX trading service, this offering was discontinued in 2020. As such, the bank currently does not offer retail leveraged forex or CFD trading. Traders seeking such services should look elsewhere.
Regulation and Safety
Our records indicate that SBI Shinsei Bank has no regulators on file. However, as a licensed bank in Japan, it is likely regulated by the Japanese Financial Services Agency (FSA). The bank's website lists its registration as a financial institution under the Kanto Local Finance Bureau (Registration No. 10) and membership in the Japan Securities Dealers Association and the Financial Futures Association of Japan. Nonetheless, the absence of explicit regulatory information in our verified data may be a concern for some traders.
SBI Shinsei Bank is publicly listed on the Tokyo Stock Exchange (Prime Market) as of December 2025, and has a history of repaying public funds. The bank's corporate governance includes a board of directors and audit committee, as detailed on its website.
Products and Services
SBI Shinsei Bank offers a comprehensive range of financial products. For individuals, it provides loans, investment trusts, bonds, robo-advisor solutions, and wealth management services. The bank also offers deposit products such as the SBI Hyper Deposit, frequently promoted with interest rate campaigns. For corporate clients, the bank provides financing, balance sheet improvement strategies, foreign exchange risk hedging, and structured deposits.
The bank does not currently offer retail FX trading, as that service was terminated in 2020. Its focus remains on traditional banking and investment services, targeting residents of Japan.
Account Types
The primary account offered to individual customers is the PowerFlex account, which is available only to residents of Japan. The bank specifies eligibility criteria including language proficiency (Japanese or English) and a minimum residency period. Non-residents and certain visa holders are ineligible. Only one account per customer is allowed.
Corporate and institutional clients can access various solutions tailored to their life stage and business needs, including startup support, growth funding, and revitalization services. Account types for these clients are not detailed on the consumer-facing pages but are available through the bank's institutional division.
Platforms and Tools
SBI Shinsei Bank provides digital banking through the SBI Shinsei Bank App and Power Direct Internet Banking. These platforms allow customers to manage accounts, track investments, and perform transactions online. The bank also offers a FAQ section and news updates to assist customers.
For corporate clients, the bank provides market information and solutions such as foreign exchange hedging tools. The bank's website also features a branch locator and bank code (0397) for identification.
Customer Support
SBI Shinsei Bank provides customer support through its website, which includes a detailed FAQ section, contact information, and news releases. The bank's site is available in both Japanese and English, catering to its bilingual customer base.
The bank also has physical branches and a network of group companies that offer additional services such as consumer finance and credit cards. Support is primarily focused on Japanese residents, with eligibility restrictions for non-residents.
Overview compiled by FXCanary from regulatory records and public data. full SHINSEI BANK review