is an
interbank network
An interbank network, also known as an ATM consortium or ATM network, is a computer network that enables ATM cards issued by a financial institution that is a member of the network to be used to perform ATM transactions through ATMs that belo ...
in
Japan
Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the n ...
, owned and operated by the postal savings division of
Japan Post Bank
, is a Japanese bank headquartered in Tokyo. It is a corporation held by Japan Post Holdings, in which the government of Japan has a majority stake.
It is a major financial institution that started in 1875 as a postal savings system, and that st ...
. It counts some 26,519
ATMs, of which 23,500 are at
post office
A post office is a public facility and a retailer that provides mail services, such as accepting letters and parcels, providing post office boxes, and selling postage stamps, packaging, and stationery. Post offices may offer additional se ...
s and 2,869 are away from post offices. The number of ATMs correspond to about one for every post office in Japan, excluding a few post offices that are too small to support ATMs. It is one of the first interbank networks, having been set up in 1979.
Some 130 banks in Japan have access to the Yucho network and vice versa. However, rather than being members of Yucho, they are affiliates of the network. The network was set up primarily for Japan Post's postal finance systems, which include its savings accounts. Yucho ATMs are also linked internationally to the
Cirrus
Cirrus may refer to:
Science
*Cirrus (biology), any of various thin, thread-like structures on the body of an animal
*Cirrus (botany), a tendril
* Infrared cirrus, in astronomy, filamentary structures seen in infrared light
*Cirrus cloud, a typ ...
,
China UnionPay
UnionPay (), also known as China UnionPay () or by its abbreviation, CUP or UPI internationally, is a Chinese state-owned financial services corporation headquartered in Shanghai, China. It provides bank card services and a major card sc ...
and
PLUS
Plus may refer to:
Mathematics
* Addition
* +, the mathematical sign
Music
* ''+'' (Ed Sheeran album), (pronounced "plus"), 2011
* ''Plus'' (Cannonball Adderley Quintet album), 1961
* ''Plus'' (Matt Nathanson EP), 2003
* ''Plus'' (Martin Ga ...
interbank networks, and also accept
Visa,
MasterCard,
American Express
American Express Company (Amex) is an American multinational corporation, multinational corporation specialized in payment card industry, payment card services headquartered at 200 Vesey Street in the Battery Park City neighborhood of Lower Man ...
,
Diners Club
A diner is a small, inexpensive restaurant found across the United States, as well as in Canada and parts of Western Europe. Diners offer a wide range of foods, mostly American cuisine, a casual atmosphere, and, characteristically, a com ...
,
Japan Credit Bureau and
China UnionPay
UnionPay (), also known as China UnionPay () or by its abbreviation, CUP or UPI internationally, is a Chinese state-owned financial services corporation headquartered in Shanghai, China. It provides bank card services and a major card sc ...
credit card
A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt (i.e., promise to the card issuer to pay them for the amounts plus the ...
s through those networks.
Yucho ATMs are categorized into two kinds: actual ATMs, which can accept
passbook
A passbook or bankbook is a paper book used to record bank or building society transactions on a deposit account.
Traditionally, a passbook was used for accounts with a low transaction volume, such as savings accounts. A bank teller or postma ...
s to make deposits or withdrawals in addition to
ATM card
An ATM card is a payment card or dedicated payment card issued by a financial institution (i.e. a bank) which enables a customer to access their financial accounts via its and others' automated teller machines (ATMs) and to make approved point of ...
s, and cash dispensers, which only accept ATM cards. Unlike most interbank networks, Yucho ATMs do not operate 24 hours a day. Some ATMs close as early as 5:00 pm
JST and as late as 11:00 pm JST.
References
External links
Yucho ATMs and cash dispensers
{{DEFAULTSORT:Yucho (Interbank Network)
Banks established in 1979
Banking in Japan
Interbank networks
Postal savings system