1.
Japan Post Bank
A nationwide bank operated by the Japan Post group. Its branches share counters with post offices, and its ATMs are found throughout Japan, making it one of the most widely accessible financial institutions in the country.
Spun off from the postal savings system in 2007 when Japan Post was privatized. The 郵便貯金 (postal savings) it replaced is still a familiar term among older speakers.
Common collocations
- ゆうちょ銀行の口座: Japan Post Bank account
- ゆうちょATM: Japan Post Bank ATM
- ゆうちょ銀行に振り込む: to transfer to a Japan Post Bank account
Usage
Widely used because every post office across the country also functions as a branch counter. The 記号-番号 (5-digit symbol + 8-digit number) format of its accounts differs from ordinary bank account numbers and sometimes needs to be converted for transfers from other banks.