May 28, 2021

It has been over two months since the company was established and the bank account has been opened. We have the impression that it took a very, very long time. It used to be relatively easy to open a bank account until about five years ago, but all banks are very cautious about opening bank accounts to prevent money laundering and other abuses. However, due to the prevention of money laundering and other fraudulent activities, all banks are taking a very cautious approach to opening accounts, and many banks will not allow new companies to open accounts. We guess it was just the time of year, but we had the impression that the screening process was as strict as the financing process.

After many twists and turns, we were able to open accounts at the following two banks.

・GMO Aozora Net Bank, Ltd.
・Japan Post Bank (JAPAN POST BANK Co., Ltd.)

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Sirius Cat Organization
Representative Director Kaz Kibushi

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