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Pacific Rim Company Benefits Program

Information on Financial Service Packages for Expatriate Employees in the United States (U.S.)

Program overview and application process

Pacific Rim Company Benefits Program is a special financial package for employees posted to the U.S.  provided by Union Bank®, part of the Mitsubishi UFJ Financial Group (MUFG).

You can open your account before you leave Japan, and also use the Japanese toll-free numbers after you return to Japan in order to manage your account.

<Applying From Japan>

You will be applying from the MUFG Bank, Ltd. (MUFG Bank)  website (https://www.bk.mufg.jp/tsukau/kaigai/kouza/prcb/index.html).

<Applying From U.S.>

Japanese Call Center (Union Bank Japanese Customer Service Unit): 1-888-507-7669

Business Hours:
U.S. Pacific Standard Time
Monday - Friday
6:00 AM - 11:00 PM

Click here for account opening application process

Union Bank has Japanese language materials available as a courtesy to you.  Amendments to account disclosure documents may be available in English only. Customers should gain an understanding of all agreements and terms and conditions given in English or Japanese before using the bank’s products and services.  If there are discrepancies or inconsistencies between the Japanese and English versions, the English version shall be controlling unless there is a separate written agreement or there are different interpretations of the governing law applicable to the account. If you decide to open other types of accounts at Union Bank, account disclosures, terms and conditions may be available in English only.

Program Overview

Account opening from Japan

Open a Union Bank checking account while you are still in Japan. Prior to your departure, you are able to receive your account number and your Union Bank ATM Card (“ATM card”) or a Union Bank Debit Mastercard® (“Debit card”) to remit your living expenses from Japan and withdraw funds once you arrive in the U.S.

Services for expatriate employees in the U.S.

Benefits of having the Pacific Rim Company Benefits Checking Account during your service in the U.S.

Account management after returning to Japan

Below are benefits during your stay in the U.S. and after returning to Japan

Account opening from Japan

You can open a Union Bank checking account from Japan, prior to your departure. To open a Union Bank account from Japan, you must have a verified bank account with MUFG Bank in Japan. You cannot apply to open an account at MUFG Bank main branch. To open an account from Japan, please apply from the MUFG Bank website (https://www.bk.mufg.jp/tsukau/kaigai/kouza/prcb/index.html).

The California Account Program advertised on the MUFG Bank website is a separate program.

You cannot apply to open this account at the main branch of MUFG Bank.  

To open an account from Japan, please apply from the MUFG Bank website.

The California Account Program advertised on the MUFG Bank website is a separate program.

Remit living expenses prior to arriving in the U.S.: Open an account in Japan and we will provide your account number prior to your departure enabling you to send funds to your account in the U.S.  You can withdraw funds after your arrival.

Joint accounts can be opened from Japan: Even if the joint account holder will arrive in the U.S.  at a later date, you can open a joint account with your spouse from Japan. Without a joint account, tax refund checks addressed to both parties cannot be deposited.  

Since changing an account to a joint account after arriving in the U.S. may require additional time, it may be easier to open a joint account in Japan prior to your departure for the U.S. 

Your ATM card or Debit card  will be sent to your home in Japan prior to your departure: You will be able to use ATMs as soon as you arrive in the U.S.  Your Personal Identification Number (PIN) will be sent separately. In addition, if you have a debit card, you can also use it for shopping.

Services for expatriate employees in the U.S.

Benefits of Pacific Rim Company Benefits Checking Account as an expatriate

No Monthly Service Charge if you have direct deposit set up or you maintain a certain balance:Monthly Service Charges for this account are as follows; $8/month if receiving your statements online or $10/month if receiving your statements by postal mail. 

However, no Monthly Service Charge when you have any one of the following during each monthly statement period:

A single Direct Deposit of $250 or more, $1,500 Average Monthly Balance, or a $5,000 monthly Combined Balance in eligible Linked Deposit Accounts

No ATM fees for any withdrawals while using a domestic non-Union Bank affiliated ATM across the U.S. You can use Affiliated ATMslocated in all states (excluding California, Guam, Saipan, Puerto Rico and the Virgin Islands) without any fee; just like Union Bank ATMs. Therefore, cash withdrawal is convenient even in states without Union Bank branches or ATMs.

In California, you can use over 500 Union Bank ATMs. (As of end of March 2020)

International remittances can be made by phone or Online Banking

If you have this account, you will not need to go to a bank to make an international remittance. You can do this over the telephone or Online Banking from your home or office (identification by token is required). Fee will apply for wire transfer.

Check deposit service by postal mail or Mobile Banking

You can mail checks using a specialized deposit envelope. There is no need to go to a bank branch to make deposits. To receive specialized deposit envelopes, please call the Union Bank Japanese Customer Service Unit and make a request. We will send them to you at no cost.

Please refer to the Personal Accounts & Services Disclosure and Agreement-Funds Availability Policyhttp://www.unionbank.com/prcbterms

You can make deposits to your account simply by sending a photo of your check using the Mobile Banking check deposit function on an iPhone® or AndroidTM device (restrictions may apply).

You will have the following benefits after you return to Japan.

Manage after returning to Japan: Manage your account and pay bills through Online Banking without incurring cost even from Japan. In addition to balance inquiries and transfers between accounts, you can make payments within the U.S. from Japan without fees using the Bill Pay function. Please click here for details on Online Banking. For more information, please call the Union Bank Japanese Customer Service Unit using the toll-free number and without charge at any time from Japan.

International Remittances: Make an international remittance from Japan by calling or online. You will need to submit and register for a Funds Transfer Authorization.  Click here for FTA formClick here for FTA job aid.

Check Deposit:Checks received after returning to Japan can be deposited by mail.

Monthly Service Charges: After you return to Japan, the Monthly Service Charge for the Pacific Rim Company Benefit Checking account will be waived in the following cases.

  1. Maintain an Average Monthly Balance of $1,500 or more
  2. Maintain  monthly Combined  Balance of $5,000 or more in eligible Linked Deposit Accounts  If above requirements are not met, Monthly Service Charge is $8/month if receiving statements online; $10/month if receiving statements by postal mail.

NOTE: If check images are requested with your Paper Statement, an additional $3 monthly fee will apply.

Withdraw cash in Japan: You can withdraw cash in Japan at some ATMs in the Cirrus®, STAR®, Mastercard® or Maestro® networks. (Fees apply.)

Benefits for Corporations

Upon Arrival to the U.S.

Since your account is open when you arrive in the U.S., there is no need for your Human Resources contact to make introductions to a bank.  All Union Bank Japanese Customer Service Unit representatives provide support in Japanese, employees can contact the bank directly without going through Human Resources.

Returning To Japan

When returning to Japan, please contact the Union Bank Japanese Customer Service Unit directly to be sent all necessary repatriation documents necessary to return to Japan.

There is no need to set mail forwarding as we will directly send items such as bank statements to your designated address in Japan after you return to Japan.

Download the Pacific Rim Company Benefits flyer

Method and Procedure for Opening an Account

1. Request/download new account application
1. When applying from Japan, please download the PDF version of the application form from the MUFG Bank website at least 1 month prior to your departure for the U.S. (or request documents to MUFG Bank Call Center).

MUFG Bank website website: http://www.bk.mufg.jp/tsukau/kaigai/kouza/prcb/index.html

Or search the web directly for “overseas account pacific rim”.  

Please note:
This account is for individual residents of Japan who are 20 years of age or older, have an account at MUFG Bank head office or branch office, and are employed by companies in Japan and scheduled for a job assignment, study or training in the U.S. by the employer.

To open a joint account, the joint account holder must also have an account with MUFG Bank.
2. Complete and send new account application
Complete the application and send it with the required documents to MUFG Bank. (Please note that if incomplete or if deficiencies are found, your account opening will be delayed. Please contact the Union Bank Japanese Customer Service Unit with any questions regarding completing the form prior to sending it.)
3. Account opening
The account will be opened by Union Bank.
4. Receive your account number, ATM or debit card, and other important documents in Japan
After your account is opened, the following will be sent to your address in Japan.  

1. Account Number (sent from MUFG Bank)
2. ATM or debit card
3. PIN for ATM or debit card
4. Welcome Kit (may include Change of Address form, dedicated check deposit envelopes, wire transfer related documents, return envelopes, W-9 Form (form to report U.S. Taxpayer Identification Number), terms and conditions of deposit)
5. Make deposits to your account
At this point, you will be able to make deposits into your U.S. account from Japan through international remittance.
6. Procedures after arriving in U.S. (Submit Change of Address form, order checkbook, submit W-9 Form). Click here for W-9 Form. Click here for W-9 Form Job Aid.
After your arrival in the U.S., call the Union Bank Japanese Customer Service Unit to change your address and order your checkbook.
In addition, after receiving your Taxpayer Identification Number (Social Security Number), send the W9 form to the Union Bank Japanese Customer Service Unit. The account will be closed if an initial deposit is not made within 90 days of account opening.  

Minimum deposit needed to open account is $0. The account will be closed if the account balance remains $0 and initial deposit is not made within 90 days of account opening.  

There is no charge for your first checkbook but a fee is charged for additional check orders.

Please note when applying:

The “Pacific Rim Company Benefits Program” is intended for persons who are employed by companies in Japan and scheduled for a job assignment, study or training in the U.S. by the employer, and differs from the “California Account Program”.

Individual customers must be 20 years and above of age. Only the account owners can conduct transactions.

Agreements and Disclosures about Union Bank deposit accounts.

Please review the Pacific Rim Company Benefits Checking Simply Stated Product Guide, Personal Accounts Fee Schedule, and Personal Accounts & Services Disclosure and Agreement for full terms and conditions of the Pacific Rim Company Benefits Checking account and detailed and legal information regarding personal accounts at Union Bank (you will receive a copy during account opening, but you can also request a copy at any time from the Union Bank Japanese Customer Service Unit and also available at Union Bank website (http://www.unionbank.com/prcbterms).)

Union Bank Inactive Account:

State laws generally require that any account or other property (e.g., safe deposit box contents), be escheated or sent to the U.S. state indicated by your last known address if, after a certain period of time, the owner has not communicated or conducted activity on the account. If we determine an account has been inactive for a prolonged period of time, we can classify the account internally as “inactive.”

For security reasons, if you have no transactions on your account for a period of time as set forth in the applicable state’s escheatment laws for your account, and if we cannot reach you in a timely fashion to confirm a new transaction has been authorized by you, we may refuse a withdrawal or transfer from that account.    

Please Note:  Accounts with foreign addresses will be turned over  to the state where the account is domiciled (for customers who have moved overseas, accounts will be turned over to the state of California).

If you have a change in address when returning to Japan, you will receive a notification from Union Bank to your address in Japan one month before your account becomes inactive.

For details, please see Inactive Accounts in the Union Bank Personal Accounts & Services Disclosure and Agreement or contact Union Bank Japanese Customer Service Unit. 

 

Convenient Online Banking   

Convenient Online Banking

Once enrolled, you will be able to use Online Banking from the U.S., Japan, and most countries around the world simply at “https://www.unionbank.com”. (Please be sure to review the Online Banking Service Agreement provided upon account opening.)   

Balance Inquiries

Passbooks are not used in the U.S. as they are in Japan. We recommend managing your account balance online.

You can keep track of your account activity during business travel or anywhere else you have internet access.

Transfers between Union Bank Accounts

You can easily transfer money online between your existing Union Bank accounts.

Example: From savings account to checking account

Online Bill Pay

Online Bill Payment lets you pay anyone with an address in the U.S.

You can pay for utilities, your credit card bill or rent without having to write a check and send it by postal mail.

You can make a one-time payment or set up recurring monthly payments from your account.

It is also convenient for making payments to the U.S. from Japan after your return.

Online Bill Payments are protected by proven security technologies.

Transfers from Other Banks

In addition to making transfers between Union Bank accounts, you can also transfer funds from Union Bank to an account in your name at another bank within the U.S.  You can also use Union Bank Online Banking to transfer funds from accounts held in your name at other banks to your Union Bank accounts.

Alert Service

A text message will be sent to your designated email address or mobile phone notifying you of important information such as deposits and withdrawals, Online Banking payment notifications, or account balances below a certain amount.

To enroll in this service, visit www.unionbank.com.

Mobile Banking

Get started with Mobile Banking

To use Mobile Banking, you will need your Online Banking user ID and password.

If you have not used Online Banking, please enroll in Online Banking first.

After you enroll in Online Banking, you can use Mobile Banking from a cell phone with a web browser.
You can view your balance, make transfers between accounts, make payments within the U.S., and more, all from your cell phone.

To use Mobile Banking, download the Union Bank Mobile Banking app on your smartphone (iPhone® or AndroidTM).

Important note on Mobile Banking check deposit

You may incur charges assessed by your service provider. Message and data rates may apply.

Mobile Check Deposit is offered to our Mobile Banking consumer customers. 

To use the service, the account must be active.

Checks can only be deposited to Union Bank checking, savings, or money market accounts.

Please endorse that “For Mobile Deposit Only to Union Bank” along with your signature on the back of the check. 

If the following conditions apply within the last 12 months, you cannot deposit checks using Mobile Banking. 1 to 90 days since account opening. You have had 1 or more returned checks OR 3 or more overdrafts. It has been 91 days or more since account opening. You have had 4 or more returned checks OR 6 or more overdrafts.

Benefits of Mobile Banking check deposit

You can make deposits to your account simply by sending a photo of your check using the Mobile Banking check deposit function on your smartphone (iPhone® or AndroidTM).

Since you can make deposits from anywhere with a smartphone, there is no need to visit a bank branch or ATM. You can deposit checks from anywhere in the U.S., even if you live in a state without any Union Bank branches or ATMs.

 

Number of days since opening account and deposit limit.

Per day
Per month
1-90 days since opening
$1,500
$3,000 Times/month Unlimited
91+ days since opening
$5,000
$10,000 Times/month Unlimited

Union Bank Japanese Customer Service Unit (Dial Toll-Free International)

Japanese-speaking representatives are available to assist you with document requests, balance inquiries, transfer requests, and confirm whether checks have cleared. Your call from Japan or the U.S. will be toll-free and they can answer your calls during business hours in U.S. and Japan.

Telephone Number
1-888-507-7669 From the U.S. (Toll-Free)
00531-11-4392
Business Hours

*Closed on some Federal holidays in the U.S.
(U.S. Pacific Standard Time/U.S. Pacific Daylight Time)

Monday - Friday
6:00 AM - 11:00 PM
Saturday Closed
Sunday Closed
In Japan:

(U.S. Pacific Standard Time)

Monday - Friday
6:00 AM - 11:00 PM
Saturday Closed
Sunday Closed


(U.S. Pacific Daylight Savings Time)

Monday - Friday
6:00 AM - 11:00 PM
Saturday Closed
Sunday Closed