Does Brastel Remit offer the same service as a bank?

1 min. readlast update: 10.17.2023

No, Brastel Remit does not offer the exchange transactions conventionally provided by banks and other financial institutions. In accordance with the Fund Settlement Act (approved in April 2010), the international remittance service can also be offered by registered companies for remits below ¥1,000,000 (Brastel Remit Registration: Director General of Kanto Financial Bureau No. 00016). 

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