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PACRANK REVIEW DETAILS : Sumitomo Bank
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In April, 1997, Sumitomo Bank launched its Internet Banking services in Japan. It is a strong leader for the industry. It's long history in Japan starting in 1895, and has been at the forefront of new banking services. Their online presence has reflected this background and they have continually been a strong leader of new products and services within the retail sector.
CUSTOMER SATISFACTION
Sumitomo Bank, offers a high level of online services including: bank transfers and personal account balance enquiries. Current ATM services in Japan are bilingual in. Current assets total 51.5 trillion yen from 852 domestic (iincluding ATM machines) and 42 overseas branches.
COMPARITIVE COST PER TRADE

Sumitomo Bank now offers competitive costs per transaction. These have been among the lowest offered prices in the Japan marketplace. Prices for Domestic Bank Transfers are from 100 to 200 yen for amounts less than 30,000 yen, and between 200 to 400 yen for amounts more than 30,000 yen.

CUSTOMER BANKING USABILITY
Sumitomo Bank has created a strong sense of personal first time internet banking influence in the current version. Easy to follow explanations are well organized.
CUSTOMER PRODUCT RANGE
The following 3 services are now online: Inquiries for the balances, Inquiries for deposits and withdrawals, Domestic Bank Transfers.    


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