crypto friendly bank
The Norinchukin Bank
Headquarters: Tokyo, Japan • Founded: 1994
About The Norinchukin Bank
The Norinchukin Bank is ranked #47 in the list of largest global banks by assets under management. It serves retail and corporate clients worldwide, offering standard commercial banking, wealth management, and capital markets access. Regarding digital assets, its stance is crypto-friendly, offering integrations with major exchanges and custodians.
Regulations & Trust Profile
Banking License Type
commercial bank license
Licensed/Regulated By
Japan Central Bank
MiCA Compliant (EU)
No / N/A
Deposit Insurance
Japan Deposit Insurance (up to $100,000)
Supported Services & Assets
Fees & Pricing
Account Monthly Fee
$10/mo
Crypto Trading Fee
1.5%
Wire Transfer Fee
$15
Crypto Withdrawal Fee
$5
Pricing Notes: Crypto services may require external account linking.
Pros
- Huge liquidity
- Global network
- FDIC/local deposit protection
Cons
- Rigid traditional structure
- No direct custody of crypto assets
Frequently Asked Questions
Is The Norinchukin Bank safe for crypto?
Yes, The Norinchukin Bank is a regulated financial institution that allows crypto purchases and custody through integrated, licensed partner exchanges, offering a bridge between fiat and digital assets.
Is The Norinchukin Bank FDIC insured?
Yes, standard cash deposits are insured under the Japan Deposit Insurance scheme up to $100,000 or local equivalents. However, government deposit insurance schemes do not cover cryptocurrency holdings.
Does The Norinchukin Bank support business accounts?
Yes, The Norinchukin Bank supports corporate and business accounts. Startup and business verification is subject to standard AML and company registration checks.
What countries does The Norinchukin Bank operate in?
The Norinchukin Bank operates primarily in Japan, and supports international clients from JP.
What are The Norinchukin Bank's crypto fees?
Monthly account fees are $10. Crypto trading fees are 1.5%.
Can I send crypto directly from The Norinchukin Bank?
No, The Norinchukin Bank only supports fiat bank transfers and does not support on-chain cryptocurrency withdrawals.
Coverage
Target Audience
individual, business, institutional
Minimum Deposit
$100
Mobile Banking Apps
iOS, Android