MUFG Bank, Ltd. (Mitsubishi UFJ Bank) is a leader in the Japanese financial market, with a core position on the global financial stage with its philosophy of "trust, stability, and global vision". Founded on January 1, 2006 through the merger of Bank of Tokyo-Mitsubishi and UFJ Bank, the company is headquartered at 1-4-5 Marunouchi, Chiyoda-ku, Tokyo, Japan. As a core subsidiary of Mitsubishi UFJ Financial Group (MUFG), Japan's largest financial group with total assets of approximately $2.7 trillion in 2024, the bank continues the long tradition of Mitsubishi Bank, which was founded in 1880, serving more than 40 million customers, including individuals, SMEs and global enterprises.
Bank Basic Information
Bank of Mitsubishi UFJ is a commercial bank, non-state-owned or joint venture, established in 2006 and headquartered at 1-4-5 Marunouchi, Chiyoda-ku, Tokyo, Japan. Mitsubishi UFJ Financial Group (MUFG) is its parent company, listed on the Tokyo Stock Exchange and the New York Stock Exchange (stock code: 8306), with major shareholders including institutional investors and public shareholders, and the bank maintains close ties with the Mitsubishi Group and is regarded as one of the "Mitsubishi Three" (the other two being Mitsubishi Corporation and Mitsubishi Heavy Industries). Banks are strictly regulated by the Financial Services Agency (FSA) of Japan and international regulators (e.g., the Federal Reserve Board of the United States, the Prudential Regulation Authority of the United Kingdom) and are required to comply with the Bank of Japan Act and international financial standards to ensure operational transparency and the safety of customer funds. Its deposits are protected by the Japan Deposit Insurance Agency (DICJ), with a maximum coverage of 10 million yen (about 67,000 U.S. dollars) per depositor. The bank has about 2,100 branches in more than 50 countries and about 120,000 employees.
Deposit & Loan Products
depositsMitsubishi
UFJ Bank offers a wide range of deposit products to meet the savings needs of individual and corporate customers:
demand deposits: Including checking accounts and savings accounts, the minimum opening amount is 1,000 yen, and the base annualized rate of return (APY) is usually 0.001% to 0.01%, please check the latest interest rate through online banking or branches. Japan's low interest rate environment has led to lower demand deposit yields.
Fixed Deposits: Support multiple currencies (JPY, USD, CNY, etc.), deposit terms from 1 month to 5 years, and the minimum deposit amount is 100,000 yen. The 2025 interest rate is subject to bank consultation and may offer promotional rates (e.g. 0.02% to 0.05% for 1 year).
Featured products:
high-yield savings accounts: such as the "Eco Pass" account, which offers a slightly higher interest rate (about 0.05%) for environmentally conscious customers, and a certain balance needs to be maintained.
Large Certificate of Deposit (CD): Flexible tenor, suitable for customers with large amounts of money, with a minimum deposit of 10 million yen, and the interest rate needs to be checked through private banking services. Customers can check the "Cloud Interest Rate" offer through the MUFG Mobile Banking app or online banking, and the deposit products can be opened instantly and save automatically.
LoansMitsubishi UFJ Bank offers a comprehensive range of loan products, including home loans, car loans, and personal lines of credit:
mortgages: Fixed and variable rate mortgage loans for up to 80% of the value of the property for a term of up to 35 years. In 2025, the floating rate is based on the BOJ's benchmark rate (0.25%) plus a premium (e.g. 1.25%), with a fixed interest rate as low as 1.5% (10-year) and a credit score of 650 or more.
Car loans: New and used car financing is supported, with a loan amount of up to 10 million yen, a term of up to 7 years, an annualized interest rate (APR) as low as 1.8%, and a stable income and credit history.
Personal Line of Credit: Unsecured loans are available in amounts ranging from 100,000 to 5 million yen, with an APR range of 2.5% to 15%, and the application threshold is an annual income of 3 million yen or more and a good credit history.
Flexible repayment options: Mortgages and personal loans offer no penalty for early repayment, monthly or bi-weekly payment plans, and revolving lines of credit (such as credit card loans) to give customers the flexibility to manage their debt. All loans are subject to bank approval, and customers are required to provide credit history, proof of income and asset information, subject to the terms of the loan agreement. The bank also provides corporate lending, trade finance and project finance services.
Digital Service
ExperienceMitsubishi UFJ Bank's mobile banking app "MUFG Mobile Banking" is the core of its digital services, which is available for download on iOS 14.0 and above and Android 9.0 and above devices, with an App Store rating of about 4.5 and a Google Play rating of about 4.3, with users praising its quick launch (in less than 2 seconds) and intuitive interface. Core features include:
Face recognition: supports biometric authentication (such as Face ID and Touch ID), combined with multi-factor authentication and data encryption to ensure transaction security.
Real-time transfers: Zengin-Net and international payment networks support instant transfers in Japanese yen and other currencies, with a daily limit of up to 1 million yen, and international remittances cover more than 50 countries.
Bill management: Support online bill payment, automatic deduction and e-statement, and classify transaction records in real time.
Investment Tool Integration: Support stocks, ETFs, mutual funds, and precious metals investments with Mitsubishi UFJ Securities, providing real-time market data and investment advisory services. The online banking platform supports multiple browsers and provides similar functions, allowing customers to open an account in 5 minutes through the app or official website. The application supports multiple languages (Japanese, English, Chinese Simplified, etc.) and is compatible with the needs of visually impaired and hearing-impaired customers. Some users reported that international transfer fees were high, but the bank continued to optimize the user experience.
Technological innovation
: Bank of Mitsubishi UFJ excels in the fintech sector, relying on the technical resources of the MUFG Group:
AI customer service: through AI-driven customer support systems such as MUFG Digital Accelerator), which provides 24/7 inquiries, bill payments, and financial advice, and handles more than 5 million customer interactions in 2023.
Robo-advisor: Provide AI-based investment management services through Mitsubishi UFJ Securities, which recommend diversified portfolios based on customer risk appetite, with a minimum investment of 100,000 yen and no subscription fees.
Open Banking API Support: Follows the Financial Services Agency's Open Banking Framework, integrates with third-party service providers to provide account management and financial services interoperability, especially in the areas of trade finance and cross-border payments.
Other innovations: support for QR code payments, blockchain trade finance platforms such as eTradeConnect, and RegTech solutions to reduce fraud losses by 30% in 2023. In 2024, banks will invest $2 billion to upgrade their cloud technology and data analytics platforms.
Featured Services & DifferentiationMitsubishi
UFJ Bank is known for its global and professional services:
Precious Metals Trading: As a global leader in precious metals trading, it provides gold and silver investment and trading services, and is favored by high-net-worth clients.
Cross-border financial services: With an extensive network in Asia, North America, Europe and Latin America, supporting international remittances, trade finance and foreign exchange services, trade flows reached US$1.5 trillion in 2023.
SME support: Providing customized lending and cash management services through Global Commercial Banking, providing financing to 100,000 SMEs in 2023.
Green Finance: In response to the United Nations Principles for Responsible Banking, we launched green bonds and sustainable loans, and invested US$5 billion in 2023 to support renewable energy projects.
Wealth Management: Trust, pension and investment services are provided through Mitsubishi UFJ Trust and Banking to meet the needs of high-net-worth clients.
Market Position and Honor
: Bank of Mitsubishi UFJ is the largest bank in Japan, with total assets of about 2.7 trillion US dollars and deposits of about 1.5 trillion US dollars in 2024, ranking first in Japan and third in the world. As a core subsidiary of the MUFG Group, the bank has approximately 2,100 outlets in more than 50 countries and employs approximately 120,000 people worldwide. It ranks first on the Forbes Global 2000 list, with a market capitalization of about $100 billion in 2024. Key accolades include:
The Banker's 2024 "Best Transaction Bank in the World" Award.
Euromoney Asia's Best Corporate Bank Awards 2024.
Global Finance 2023 "Best Precious Metals Trading Bank" Award.
Greenwich Associates SME Customer Experience Award 2022. Mitsubishi UFJ Bank's solid financial performance and internationalization strategy make it a key pillar of the global financial markets.
SummaryBank
of Mitsubishi UFJ Limited occupies a leading position in the Japanese and global financial markets with its long history, global network and innovative capabilities. It offers a wide range of deposit and loan products, including high-yield savings accounts, term deposits, and flexible mortgages and personal loans, to meet the diverse needs of its customers. In terms of digital services, the MUFG Mobile Banking app is well received for its efficient real-time money transfer and investment management features. Technological innovations, including AI customer service, robo-advisors, and open banking API support, demonstrate its forward-looking digital transformation. With its precious metals trading, cross-border financial services, and multiple industry accolades in 2024, Mitsubishi UFJ Bank has demonstrated unparalleled competitiveness and influence in the global financial sector.
