T NEOBANK launches new collaboration between foreign currency deposits, public lotteries and T Points

2021.05.25 Press Releases
T-Money Co., Ltd. / Sumishin SBI Net Bank, Ltd.

-You can use T Points to enjoy foreign currency deposits and public lotteries!-

T-Money Corporation (Headquarters: Shibuya-ku, Tokyo; President and CEO: Kazuhiko Kitamura; hereinafter referred to as "T-Money Corporation"), a group company of Culture Convenience Club Co., Ltd. (CCC), a planning company that proposes new lifestyles, and SBI Sumishin Net Bank, Ltd. (Headquarters: Minato-ku, Tokyo; President and CEO: Noriaki Maruyama; hereinafter referred to as "SBI Sumishin Net Bank") have begun linking T-Points with foreign currency ordinary deposits and public lotteries in "T NEOBANK," a banking service for 70 million T members who use the "NEOBANK®"*1 service provided by SBI Sumishin Net Bank, starting Tuesday, May 25, 2021.

"T NEOBANK" was launched on Wednesday, March 31, 2021, as a new banking service that allows users to make deposits, transfers, borrow, and more using a smartphone app. Since then, it has been well received by many T members. T NEOBANK has recently added a new service that allows customers to purchase foreign currency ordinary deposits and transfer T Points to yen ordinary deposits before depositing betting funds for various public racing organizations such as JRA, auto racing, and boat racing. This will allow customers to use their accumulated T Points to make foreign currency deposits and enjoy public lotteries, providing an environment where customers who have little opportunity to come into contact with financial products, horse racing, auto racing, etc. can use the service easily and safely.
SBI Sumishin Net Bank aims to transform financial services by utilizing cutting-edge technology and making society more comfortable and convenient, based on a customer-centric approach.

T-Money will continue to strive to create new customer value through a variety of financial services, aiming to ensure that "T" services "connect people and society."

[About the link between T NEOBANK foreign currency savings deposits and public lotteries and T Points]
■Applicable products:
・Foreign currency ordinary deposit
・Publicly managed racing (JRA (Central Horse Racing), local horse racing, bicycle racing, boat racing, auto racing, LOTO)
■Transfer rate/transfer limit: 1 point can be transferred as 1 yen. The maximum number of points that can be transferred at one time is 20,000 points.
■Notes:
・If there are other bank products or services for which payment has not been completed due to insufficient balance when transferring T Points to your yen savings account, the T Points you have specified to transfer may be used to pay for other bank products or services, and you may not be able to purchase a foreign currency savings account or make a deposit to a public sports organization.
・After the transfer, yen savings deposits cannot be refunded to T Points.

■Basic functions:
1. Deposit function (yen deposits, foreign currency deposits, etc.)
2. Payment functions (ATM deposits and withdrawals, transfers, money transfers, etc.)
3. Lending functions (card loans, housing loans, etc.)
■How to open an account:
1. Download and launch the T NEOBANK app
2. After agreeing to the terms and conditions, proceed with the T-Point redemption procedure.
3. Enter your customer information
4. From the account opening acceptance completion email, proceed to "Verify your identity with your smartphone"
5. Enter your identity verification information and take a photo of your identity document and face
6. Account opening is complete

*1 "NEOBANK®" is a registered trademark of Sumishin SBI Net Bank. Registered trademark No. 5953666
*The company names and product/service names mentioned in this press release are trademarks or registered trademarks of the respective companies.

Materials related to this matter

T NEOBANK launches new collaboration between foreign currency deposits, public lotteries and T Points

Inquiries regarding this matter
T-Money Co., Ltd.
Public Relations Officer: Ando
TEL: 03-6800-4464