debit card(British: debit card) IsDeposit accountIt is a payment card linked with.Financial institution(Typicallybank) Issuance, and when you settle with this card, the price will be immediately deducted from your account. "David" is "David" in EnglishDebit"Meaning of.

Overview

Withdraw money in real time from a preset deposit account such as a bank.Cash cardThere are two types, one that uses the card as a payment card and the other that issues a separate payment card.

Unlike credit cards, in principle you can use it within the range that does not exceed your account balance,Overdraft,Card loanThere are also financial institutions that offer a service that allows you to borrow automatically when you are asked to approve payments that exceed your balance.

As a general rule, many cards are not examined when issued (JCB brand is examined).

Since it cannot be used more than the deposit amount in the account, there are cases where a debit card is held for children's pocket money, and the issuable age is often set lower than that of a credit card.In addition, we will provide a debit card service for pocket money that parents can specify and manage the stores that can be used.FintechVentureAlso exists^[1][2].

Debit card type

Comparison Chart

International brands such as VISA and MasterCardCredit cardNot only that, it also provides a wide range of its own brands and payment mechanisms to debit and prepaid card issuers.Therefore, as a general rule, member stores of each brand can make payments without distinguishing them from credit cards.However, check the balance each time you use it (referred to by credit card)Credit inquiry) Is required, so transactions in the form of not inquiring the balance (ImprinterSettlement bytoll roadTollhousegas stationIt cannot be used by paying with (payment of monthly utility charges).

International brands (VISA, MasterCard, etc.)

In North America, Europe, Australia, etc.Cash cardMost of the (English: ATM cards, Bank cards) are equipped with international brand payment functions such as VISA and MasterCard as standard, and can be used as debit cards.

As a result, debit cards are becoming more widespread and used in these countries.The United States of AmericaFor example, among card payments (prepaid, debit, or credit card payments with international brands), debit cards are the most popular on a payment basis, accounting for 35% of non-cash payments. (20% credit, 5% prepaid)^[3].

Also, when making a payment with such a debit card, withdraw cash from your account at the cash register (Cash out) In some countries the service is provided.

In some countries such as Australia, when paying with a debit card, the user chooses whether to pay using a savings deposit, a checking deposit, or a credit card.

Country status

Australia

• (English edition）

Canada

• (English edition）

South Korea

• Direct payment card

Democratic People's Republic of Korea (North Korea)

Prepaid electronic money "Practical profit" started in 2005 but appeared after thatNare(Issued by the Trade Bank of the Democratic People s Republic of Korea) is highly popular^[4], Actual profit has not become the main payment method.It seems that Nare also has a bank account link card, but the actual situation is unknown.In the past, some international brand affiliated stores were found (hotels, department stores, etc.), but since the 1990s, they have become unusable for unknown reasons.

• Profit(Northeast Asian Bank, 2005)

Denmark

• Dankort

Japan

21st centurySince then, the number of international brand cash cards with debit functions is increasing.Some have made a distinction for individuals, corporations and sole proprietors.
List of issuing banks by brand

• Visa debit
• Debit Mastercard
• JCB debit
• UnionPay

J-Debit

In 1999Fuji BankBecame the secretary-generalNTT Data-JTB-Postal savings-Ogaki Kyoritsu Bank-Tokyo Sowa BankThe Japan Debit Card Promotion Council was established jointly with other companies, and since March 2000, "J-Debit(J David) ”is provided.Of financial institutions that are members of the councilCash card(Approximately 2011 million cards as of 4) is regarded as a debit card, and like Maestro, funds are immediately withdrawn from the deposit account by entering the PIN code of the cash card in the PIN pad."Card", "J debit", "JD" are recorded in the subject column at the time of withdrawal, and "Kana notation of member stores" is recorded in the description column.

Financial bangExpected to spread as one ofJTB-Consumer electronics storeEach companyMatsumotokiyoshi-e-collect·Domesticlife insurance(Initial insurance premium payment) ・ Klepico (TaxiIn-vehicleCredit reference terminal),Postal savings・ AllCity bank-Second regional bank-Credit union-Labor union-JA Bank, MostLocal bank-Trust bankIt has been available since 2000, but among the major banksTokyo Mitsubishi Bank-Mitsubishi Trust Bank-Japan Trust BankとAozora BankWas initially unavailable without participation (as of 2016)Mitsubishi UFJ BankIs a security type IC card and Disney design^[37]Available except^[38],Mitsubishi UFJ Trust and Banking CorporationAozora Bank is not available^[39]. Also,All over HokkaidoAnd part of Tokushima PrefectureAgricultural cooperativeOr smallFisheries cooperative, Occupation / EthnicityCredit cooperative, Established since 2000A new form of bank(Many institutions cannot be used on the Internet or distribution).

Depending on the financial institution used, J-Debit transaction history may be added to the preferential service, or fraudulent use insurance may be attached.

CAFISCorresponds to useCredit reference terminalCredit card merchants who have a credit card can handle it at the same time by concluding a contract with a J-Debit merchant.In addition, it takes a minimum of 3 business days from the withdrawal account → settlement between financial institutions → payment of sales proceeds, and the payment is quicker than credit cards and brand debit cards via acquirers, and merchant fees tend to be suppressed.Point CardIn many cases, the return rate is based on cash payment.

The available time is entrusted to each financial institution, and the usage time on the user side is generallyConvenience store ATMIt is the same as the withdrawal time of.There is a core time for use, and basically there is an agreement on the minimum usable time zone, so usuallyNationwide cash serviceThe minimum operating time is available, but the withdrawal account or the financial institution of one of the member stores is in maintenance.Account systemIf you stop, it may become unavailable even during the day.

Since the corresponding cash card is used as a debit card as it is, there are no restrictions on the age and attributes of the user (it is considered to be an illegal withdrawal if used by a third party other than the family).However, since around 2006, the amount of J-Debit that can be used is included in the daily withdrawal limit (about 1 to 50 million yen) due to the suppression of fraudulent withdrawals, so it cannot be handled with a credit card such as insurance premium payment. If you wish to make a large amount of payment, you need to raise the withdrawal limit at the counter of the financial institution.In addition, since brand debit cards began to be launched in Japan from that time, the total amount handled has been declining since it peaked at 100 billion yen in 2005.

The Japan Debit Card Promotion Council regularly carries out campaigns, but the number of member stores has peaked at about 45.Usage rate is low compared to credit cards and electronic money^[40].

Lawson

convenience store OfLawsonOriginally, as a J-Debit member store, I intended to handle cash cards issued by all financial institutions that are members of the Japan Debit Card Promotion Council, but this was not realized due to various problems such as the fee rate paid to member financial institutions, and the fee rate. In 2001, we formed individual alliances with the following financial institutions that cleared such problems.POS cash registerSince the time of renewal, it has been equipped with a PIN pad and has started handling.Therefore, Lawson simply refers to it as a debit card.

• Yucho Bank, Ogaki Kyoritsu Bank (2017/May 2End of handling), Towa Bank, Shimane Bank, Saikyo Bank, Shinkin banks nationwide^[41]

2015/In the walletTipIn the name ofJCBprepaid cardIs issued.

フィリピン

• EON --Partnership with VISA Electron

Chugoku

In mainland China (the so-called continental area), debit cards are widespread in almost the entire population.UnionPay offers both credit and debit, and is increasing the number of affiliated stores all over the world, and it is highly called as a "new international brand" due to its network and transaction volume.However, in terms of payment methods in everyday situationsQR code settlementIs the most popular in the worldAlipay,WeChat paymentThe development of is remarkable.

• CUP(Union Pay) --Debit alone issued 57 billion copies, far exceeding the mainland population (as of the end of December 2016).Transaction volume in China 12 trillionCNY(Approximately 9 billion euros) (including credits)^[42][43].

(Taiwan)

• Smart Pay- Hokkaido BankIn partnership with, it can also be used at some affiliated stores and ATMs in Japan.

footnote

Related item

• A new form of bank
• Cash card
• Credit card
• prepaid card
• Electronic money
• Electronic payment
• Point-of-sale information management

外部 リンク

• Frequently Asked Questions (General Customers) | J-Debit --Japan Electronic Payment Promotion Organization
• What is a debit card?How is it different from a credit card?Which one do you recommend? --Tantaka Co., Ltd.
• Debit card usage trends (UK and Japan) --Norinchukin Research Institute
• "debit card』- Koto bank

In this item,Financial institutionRemittance means inIs explained. For transfer of mahjong terms, see "Waku #fire."

TransferWhat is (Furikomi)?money transferIt ’s a kind of method,Financial institutionWas opened inDeposit and savings accountIt is to pay money to.In addition, transactions that transfer funds between deposit accounts that you manage aretransferIt is distinguished as (reflection).It is also done with family accounts, but some financial institutions do not accept it under a different name.

Payment services such as transfer and payment contract by fund transferJapan,Western EuropeAs is common inAmericaEtc.checkBy sending (JapanPostal money order,Parallel remittance(Equivalent to) The remittance method is common.

Means of transfer

Normally, you can apply for a transfer by specifying the destination financial institution, account number, and recipient's name at all the sales counters of private financial institutions in Japan.cashIn addition,deposit,Bill-checkKinds can also be used for money.In addition, other bank paymentBill,checkUsually, the money is transferred after the collection, so it will not be transferred to the other party on the day of application.

Automatic machine transfer

At most financial institutionsTMJIt is possible to transfer by.Instead of submitting the transfer request form, enter the amount, destination financial institution, account number, and recipient in the automatic machine.Normally, the client's cash card is inserted and the substitute money (transfer fund) and fees are paid from the client's deposit account, but a financial institution that can directly deposit cash into the machine and request a transfer even if it is not a depositor ,Card loanSome financial institutions accept credit card transfers.In the case of automatic transfer, it is convenient because the other party's online inquiry is made after entering the amount and the destination account number, and the transaction can be decided after the authenticity of the destination account and the recipient is displayed on the screen.However, online inquiries may not be made depending on the other party and time zone, and in either case it is necessary to be careful about incorrect specification of the transfer details.

Transfer by communication terminal

Open a deposit account andTelTransactionsInternet bankingBy contractingインターネットTransfers can be made using a connected terminal.Some financial institutions have an online inquiry function similar to automatic transfer in communication transactions, but it is also necessary to be careful about incorrect specification of transfer details.Such transactions are also offered to businesses, and in addition to Internet transactions,NTT DataYou can make transfers, general transfers, and transfers using a dedicated communication network such as ANSER-PC.Magnetic tape,floppy diskSpecific format (such asFormat) Submit the data recorded in (mainlySalaryThere are also large-scale transactions (used for transfer) and reservation transactions (general transfer).Online trade,Mail orderNet debit service used as a means of remittance, mainlyUtility charges・ Used for payment of services, etc.PaigeIs similar to a transfer.

Type of transfer

Telegraph handling

Telegraph handling (Denshin Atsukai) is mainlyZengin Domestic Exchange SystemThe transfer / collection efforts are processed electronically through the above, and if the request is made by 15:15 on the business day, the payment will be completed (immediately) within the day.The final time limit for financial institutions to make efforts will be postponed.In addition, some banks' unmanned transaction services allow same-day transfers even after 24:XNUMX until the designated time or XNUMX hours a day.

There is a limit to the number of characters that can be entered as a transferee, and the number of characters notified to the recipient and the number of characters displayed in the passbook are determined by the financial institution of the other party.In generalDeposit and savings passbookAbout 13 characters are displayed in the space adjacent to the deposit amount, but it corresponds to the display of up to 30 characters with line breaks.In addition to the number of characters, there is a certain notation for character input,Consonant(Yuyo etc.) should use uppercase letters (Tsuyayuyo etc.) instead of lowercase letters,Dakuten(") ・Semi-voiced sound markIn addition to entering (゜) as an independent character, the company / organization name is abbreviated, such as "ka" for a corporation and "sai" for a foundation.In this case, wrap the abbreviation between the abbreviated name and the proper name.bracketsAnd omit the parentheses at the beginning and end of the sentence.According to this notation, the notation is as follows.

F) In the case of Tokyo Shoji [Tokyo Shoji Co., Ltd.]

In the case of Osaka Institute of Technology (Ka [Osaka Institute of Technology]]

In the case of Satsuhoroshiyokuhin (Ka) Nagoya (Ai [Sapporo Foods Co., Ltd. Nagoya Sales Office]

Incidentally,Zengin SystemAfter joiningJapan Post BankRegarding transfer accounts, regular savings, and regular savings, in principle,

In the case of Kabushiki Kaishiya Tokiyoushiyouji [Tokyo Shoji Co., Ltd.]

In the case of Osaka Institute of Technology [Osaka Institute of Technology]

In the case of Satsuporoshiyokuhin Kabushiki Gaishiya Nakaya Aigiyoushiyo [Sapporo Foods Co., Ltd. Nagoya Sales Office]

Kana notation registration such as (one space is inserted in the part corresponding to half brackets) (In advance, for all transfer account users including personal names and ordinary savings users in corporate names , In the postcard, along with the account number read for the Zengin system, the kana notation was also notified).In addition, the holder submits a correction registration at the window of the directly managed store or the savings window of the post office (submit a "transfer transfer notification form" for a transfer account, and a "name change notification form" for ordinary savings / ordinary savings savings. ), For example, it is possible to change the notation of "frugality" to "ka" (the same applies to limited companies, school corporations, branches, sales offices, etc.).

Document handling

Document handling is a method in which data of a transfer request is recorded on a medium (magnetic tape, etc.) and payment is made between financial institutions through a "magnetic tape exchange system" or the like. Since media data is exchanged between financial institutions through the "magnetic tape exchange system", it takes about 2 to 5 business days from the transfer request to the actual payment to the other party's account, but the handling fee is charged. Since it is cheaper than telephony, it is often used to transfer salaries and dividends.Currently, this document handling transfer is almost stopped.

Commission

At the time of transferCommissionIf is collected, the amount is roughly100 JPY(TMJTransfer to the main branch office)- 1000 JPY(Transfer to other financial institutions by the counter)With the windowTMJOr communication trading,cashとCash card, The amount is different for the main branch and other banks.

Some financial institutions offer free transfer to their own banks (some banks include group banks) using automated means by individual depositors.

• SMBC Trust Bank Accompanying ATM(Including cash transfer)・ Internet / telephone transfer
• Mitsubishi UFJ Bank Internet / telephone(Excluding operator handling)Transfer by
• Sumitomo Mitsui Trust Bank The company's ATM(Use cash card)・ Internet / telephone transfer
• Suruga Bank Accompanying ATM(Use cash card)・ Transfer via internet
• Resona Bank,Saitama Resona Bank,Sony Bank,Kansai Mirai Bank Transfer via internet / telephone
• Shinsei Bank,Rakuten Bank,Sumishin SBI Net Bank(Personal account only),au jibun bank,Daiwa Next Bank Transfer via internet
• AEON Bank Accompanying ATM(Use cash card)・ Transfer via internet
• Seven BankTMJ(Use cash card)・ Transfer via internet

Public money・ When transferring certain fees such as tuition fees from a designated depository with a dedicated request form, or to an account designated by each financial institutionDonationIn the case of transfer of disaster relief money, etc., there may be no fee (in some cases, the recipient may be responsible for the transfer, or ATM or Internet banking may not be exempt from the fee).

Transfer passbook

Depending on the financial institution, in order to save stamp duty on individual receipts and improve the convenience of ATM transfers, the transfer passbook (or names such as "transfer statement" and "transfer usage book") will be used at ATMs (during transfer operations). It is issued at the counter.

Transfer card

In addition to the transfer passbookTransfer cardSome financial institutions issue (transfer tickets) when operating at ATMs.The transfer card is a paper card of the same size as a cash card, with the transfer account / recipient name displayed on the front side and magnetically registered on the back side.Instead of inputting the other party, you can transfer by inserting a card, which is convenient.Normally, it will be issued at the same time when a new transfer transaction is completed,Keiyo BankSome financial institutions set a discount on fees when using a transfer card.Since the client's phone number is also registered on the card, if the number is changed, it will be recreated.

Transfer registration

In addition, some financial institutions can register the transfer destination when making a transfer using a cash card (or at the counter), and can more easily specify the transfer destination when making the next transfer.Recently, some financial institutions are using the IC part of their IC cash card for registration.However, in the case of a card with an expiration date or a credit-integrated type, data cannot be transferred to a replacement card, so re-registration is required after switching.

Application of identity verification method

Money launderingIn addition, in response to international demands for prevention and capture measures for funding related to crime and terrorist acts2007/(Heisei19 years)May 1ToIdentity verification method(CurrentAct on Prevention of Transfer of Revenue from Crime) The enforcement order was revised.As a result, new cash receipts and payments associated with remittances will be made.１０,０００,０００ yenIn each case, it is obligatory to confirm the identity according to the conventional method of opening an account.The same applies when the payment is withdrawn from an account that has not undergone identity verification.For this reason, the maximum amount for cash transfers by ATMs that do not undergo identity verification (identity verification is practically difficult) has been set at 10 yen (however, it is a one-time maximum amount, and the transfer is made. Although it costs a fee for the number of times, it is possible to divide it into 1 yen and make the transfer without confirming the identity (if it is 10 yen, it can be divided into 50 times).

In addition, transactions performed by customers of deposit and savings accounts that have undergone identity verification are not covered, and transfers by account debit or cash card transactions will be handled as before as long as the account has undergone identity verification (note that the identity is confirmed). Accounts that were opened before the enforcement of the verification law and have not undergone identity verification will be treated in the same way as cash transfers, and the maximum amount will be limited to 10 yen. However, depending on the financial institution, even if the account has not undergone identity verification. It may not be possible to transfer money).At the same time, when making a transfer of more than 10 yen using a card from another financial institution, the ATM-providing financial institution will inquire of the card-issuing financial institution whether or not the identity verification has been completed (if not completed, no transaction will be made). Is obligatory.

transfer

Transfers can be made between accounts that you manage.資金To transfer.

Concrete example

As an exampleordinary・ Savings / regular / savings accounts, current / notification / foreign currency, etc.depositAccount andPublic bonds-Investment trust-Gold bullion-Financial bondUsed to transfer funds between custody accounts.

In the case of Japan Post Bank

Japan Post BankThen, there are auto fixed amount / auto fixed amount that transfers money from ordinary savings to regular savings / fixed amount savings on a designated day, and swing service that transfers (deposits / withdrawals) to and from ordinary savings savings like financial institutions.In addition to this, if it is a financial institution that can transfer between different names, it is also possible between accounts such as companies (individual business owners' accounts with a name), in-house deposits, and family members.

Automatic transfer

telephone fee-Electricity charges-Water chargesVarious utility charges such asNHK OfReception fee-Credit card-In some cases, monthly payments such as installment payments may be automatically transferred from the account managed by you to the telephone company, electric power company, waterworks bureau, NHK, etc.This is called automatic transfer (so-called withdrawal).In addition, depending on the financial institution, there is also a service that automatically transfers a fixed amount every month from your own account to an account that specifies monthly fees and rent.

International exchange

Remittances overseasForeign exchangeThis is possible at financial institution stores and some post offices that have been designated as dealers.

Even if both the client account and the recipient account are financial institutions in Japan, if you want to send money in a currency other than Japanese yen, basically the method is similar to sending money to a foreign country or receiving remittance from a foreign country. To use.

Foreign remittance

Overseas remittances are made to foreign financial institutions, and in the case of wire transfer, the money will be deposited in the other party's account (Country A → Country B / Country B → Country A) within the day at the earliest.It should be noted that even a small amount of remittance generally costs several thousand yen.However,FintechWith the development ofWise Low-fee overseas remittance services such as^[1].

Deposit insurance

Money related to transfers, transfers, etc.Deposit insurancePlease note that the above deposit receivables are calculated including other deposit receivables.

footnote

Literature information

• "Mistransfer and offset / seizure" Yu Murata (Chukyo Law Vol. 42, Nos. 1 and 2)2007/(19))Incorrect transfer and offset / seizure (PDF 213 KB)

Related item

• Wire fraud