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 they require all applicants to fill SWIFT (BIC) of the designated bank account. JPS says that now they need SWIFT (BIC) information for any international transfers of pension refunds, following the change of the rule.
- Claim Form of Lump-sum Withdrawal Payments (revised in February 2025)
So you need to fill SWIFT (BIC) on the claim form of pension refund when you submit it to Japan Pension Service. Otherwise it is possible that JPS sends your claim back.
If you receive pension refund at Japanese account you don’t need SWIFT (BIC)
But if you receive your pension refund at Japanese account you don’t have to report SWIFT (BIC). To receive your pension refund at Japanese account, you need to check out some points. Please see this article in our blog.
YouAT LLC gives you services for Japanese pension and tax refunds
We YouAT LLC has more than 10 year’s history to support non-Japanese employees’ “Lump-sum Withdrawal Payments”, “Old Age Pension”, and income tax refunds.
We have staff of Labor and Social Security Attorney, Administrative Scrivener, and Tax Accountant.
Please feel free to contact us for Japanese Pension and Tax Refunds!
YouAT LLC website — > www.youat-jp.com/
Email –> info@youat-jp.com