Monthly Archives: March 2025

Why SWIFT (BIC) is needed to receive Japanese pension refund?

You need SWIFT (BIC) to receive Japanese pension refund SWIFT, also known as BIC (Bank Identifier Code), is the 11-digit code that is used worldwide as interbank transfers, especially for the purpose of transfers between different countries. In 2025 Japan Pension Service issued a new claim form for pension refunds (Lump-sum Withdrawal Payments), in that… Read More »