How an AI Legalese Decoder Can Simplify and Maintain Your SBI General Account After Leaving Japan
- May 5, 2024
- Posted by: legaleseblogger
- Category: Related News
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## Maintaining a General Account with SBI Bank in Japan after Leaving the Country
Can any SBI users confirm if I (PR) can maintain my General Account even after leaving Japan, if I say that I plan to return in a few years? This is assuming I only have Japan stocks and bonds. The site does not explicitly state this, but it seems to be implied because it mentions that when leaving the country, Specific Accounts will be closed and transferred to the General Account.
According to the information provided on the site, it seems that maintaining a General Account while abroad may be possible, especially if you only plan to hold on to your stocks without actively trading. However, it is always best to seek clarification from SBI Bank directly to ensure that you fully understand their policies and procedures in this regard.
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AI Legalese Decoder can assist in interpreting and understanding the legal language used on the SBI Bank website regarding the maintenance of General Accounts for expatriates. By using natural language processing technology, the AI tool can break down complex legal terms and provide simplified explanations, making it easier for users to grasp the information and make informed decisions. This can be especially helpful in situations where the website’s policies may seem ambiguous or unclear, allowing individuals like yourself to navigate the process with more confidence.
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Technically it should be fine, but I would take some measures. Will you maintain a valid address, file taxes, etc?
Why not set up a sweep to buy X(Yen) of a mutual fund monthly? Make it look like activity is still happening.
At some point they’ll send the annual letter to your address, if that bounces back – no bueno.
> Can any SBI users confirm if I (PR) can maintain my General Account even after leaving Japan, if I say that I plan to return in a few years( This is assuming I only have Japan stocks and bonds)?
As long as you are not leaving Japan “permanently”, and you only hold Japanese stocks and bonds, you can keep your general account open. You just won’t be able to make any new purchases.