Verification Status: This article is an explanation based on publicly available information (the editorial team has not conducted actual usage or trading).
The "Corporate Account Fee Problem" Faced by New Businesses
When the topic of corporate bank accounts arises, many business owners sigh over one common complaint: "Transfer fees are simply too high." Most major city banks and regional banks set outgoing transfer fees to other banks at 300 yen or more per transaction. Even when using online banks, the reality is that fees for corporate accounts are rarely as low as those for personal accounts.
Let's simulate Mr. Tanaka's case. Suppose he makes 30 transfers per month, with a fee of 330 yen per transaction. At this rate, his monthly fees would total 9,900 yen, amounting to approximately 120,000 yen annually. But what if he could reduce the fee to just 119 yen per transaction? His monthly costs would drop to 3,570 yen, and his annual total to around 43,000 yen. That's a difference of roughly 76,000 yen per year.
In addition to these "small costs that add up to a mountain," another significant hurdle is the speed of account opening. Especially for newly established corporations or businesses needing an additional account due to sudden expansion, it is not uncommon for corporate account openings at major city banks to take several weeks. Time lags occur between preparing application documents, attending interviews, undergoing reviews, and finally being able to use the account. This "waiting time" itself poses a risk of missing out on business opportunities.
Raksul Bank emerged precisely to solve these two fundamental pain points. It offers a simple fee structure: zero monthly maintenance fees and transfer fees of just 119 yen. Furthermore, the entire process can be completed online, with accounts available for use as soon as the same day. It is only natural that Mr. Tanaka became interested after hearing fellow entrepreneurs say, "The fees are completely different, and above all, the account was opened immediately."
What is Raksul Bank? The Basics and Appeal of the Trending Corporate Online Account
Raksul Bank is a financial platform for small and medium-sized enterprises (SMEs) and corporations, operated by a wholly-owned subsidiary of Raksul Inc., known for its "Raksul" brand. Launched officially in November 2025, it is one of the most talked-about new services in the corporate back-office sector.
The system is powered by GMO Aozora Net Bank's BaaS (Banking as a Service) mechanism. This means that while leveraging the highly reliable infrastructure of an established bank, it delivers services through Raksul Bank's own user-friendly interface. In other words, it retains the robust security and peace of mind associated with traditional banking, while layering on features and fee structures that offer genuine value to users.
Let's break down the main features of Raksul Bank.
Low-Cost Structure: ¥0 Monthly Fee and ¥119 per Transfer There is no monthly maintenance fee for keeping a corporate account open. Furthermore, the fee for transfers to other banks—the transaction most frequently performed by corporations—is just ¥119 (including tax). This pricing model is the biggest draw for business owners like Mr. Tanaka, who are looking to reduce fixed costs.
Unmatched Speed: Account Opening in as Little as One Day Challenging the conventional wisdom that opening a corporate account takes weeks, Raksul Bank allows you to start using the service on the same day if your online document submission passes screening. This ensures your business momentum isn't lost, whether you need to handle urgent payments or launch a new venture.
2.0% Raksul Points Cashback Using the issued debit card earns you points redeemable across various "Raksul" services at a rate of 2.0%. For companies already utilizing Raksul for printing or logistics, this turns everyday business expenditures directly into point rewards.
Fully Online with 24/7/365 Support From account opening to daily transfers and balance checks, all procedures are completed entirely online. There is absolutely no need to visit a physical branch; transactions can be made anytime, 24 hours a day, 365 days a year, via PC or smartphone. It represents the ultimate back-office environment, allowing business owners to focus on their core operations.
It was these concrete features and clear benefits that led Mr. Tanaka, upon reviewing the official website, to conclude, "With this, we can significantly reduce both the time and cost spent on accounting."
Comparing Raksul Bank's Fees and Charges with Competitors [Table Included]
The true value of Raksul Bank becomes even clearer when compared side-by-side with other providers. Here, we conduct a direct comparison with other popular competing services targeting corporate clients. Using a model case of a corporation making 30 inter-bank transfers per month, we verify both cost and convenience.
| Item | Raksul Bank | GMO Aozora Net Bank | Sumishin SBI Net Bank | Finserv Bank |
|---|---|---|---|---|
| Monthly Usage Fee | ¥0 | ¥0 | ¥0 | Inquiry Required |
| Inter-bank Transfer Fee (incl. tax) | ¥119 | ¥130 | ¥130–¥145 | ¥21–¥90 |
| Account Opening Speed | Same-day (fastest) | Not disclosed | Not disclosed | Not disclosed |
| Fully Online Process | Yes (Paperless) | Yes | Yes | Yes |
| Eligible Users | Corporations only | Corporations & Sole Proprietors | Corporations & Sole Proprietors | Corporations & Sole Proprietors |
Based on publicly available information from each company's official website (as of August 2026)
From this table, Raksul Bank's position is clear. Although it has the distinctive feature of being limited to "corporations only," it leads competitors in terms of low transfer fees and fast account opening speeds.
Let's estimate the annual cost for a case like Mr. Tanaka's, where 30 transfers are made every month.
- Raksul Bank: ¥119 × 30 transfers × 12 months = ¥42,840
- GMO Aozora Net Bank: ¥130 × 30 transfers × 12 months = ¥46,800
- Sumishin SBI Net Bank: ¥145 × 30 transfers × 12 months = ¥52,200
- Major City Banks (estimated at ¥330): ¥330 × 30 transfers × 12 months = ¥118,800
Compared to major city banks, simply switching to Raksul Bank results in annual savings of approximately ¥76,000. Even when compared to competing online banks, the calculation shows an annual difference ranging from ¥4,000 to nearly ¥10,000.
At this point, you might be curious about Finserv Bank. With transfer fees starting from just ¥21, it appears even cheaper than Raksul Bank. However, note that these low prices often come with usage conditions or limits based on the number of monthly transfers, meaning not all corporations can unconditionally benefit from this lowest rate. Depending on your company's specific transfer patterns and frequency, the overall better deal may vary.
Since fee conditions are subject to periodic review by each provider, we recommend checking the latest fees on the official website. That said, Raksul Bank's extremely simple and low-cost structure—offering zero monthly fees alongside a ¥119 transfer fee—represents a significant advantage.
Check Reviews and Reputation: Positive Feedback and Key Considerations
When choosing a service, real user feedback is the most valuable reference. Although Raksul Bank is a relatively new service, it has already received numerous positive reviews from early adopters. At the same time, minor concerns and important points to note before signing up have also emerged. As Tanaka-san discovered through thorough research, understanding these details in advance should alleviate any uncertainty.
Positive Reviews
The high level of user satisfaction is primarily driven by "low fees" and "fast account opening."
"The low transfer fees are a huge help. Since we make frequent monthly transfers, this has significantly reduced our costs." — From multiple review sites and media outlets
"I was surprised by how quickly the account was opened. It was urgently needed, so this was extremely helpful." — From multiple review sites
Business owners who frequently use Raksul's services also praise the point reward system.
"The point rewards are a welcome bonus. Since we use Raksul often, it feels like a great deal." — Based on official website information
These testimonials serve as evidence that Raksul Bank's value proposition—"solving complex back-office tasks and costs through technology"—is delivering tangible results in the field.
Neutral Feedback, Concerns, and Important Considerations
On the other hand, there are voices reflecting the fact that this is a new service.
"Since there are few reviews so far, I feel a bit uneasy, but the official information seems solid." — From multiple review sites
This is a common initial hurdle for any new service. However, in the case of Raksul Bank, concerns are easily alleviated because it inherits the long-standing track record and reliability of GMO Aozora Net Bank, which provides its core banking infrastructure. System safety and security measures adhere to the standards of the parent bank.
Additionally, as straightforward disadvantages or limitations, the following points must be clearly understood:
- Sole proprietors cannot use the service: Raksul Bank is available exclusively to incorporated entities. Sole proprietors are not eligible for the same benefits.
- Screening is required: The "same-day account opening" claim applies only when the screening process proceeds smoothly. Since a corporate entity verification is conducted, issues such as incomplete documentation can delay account opening.
- Limit of one account per corporation: This service is not suitable for corporations wishing to open multiple accounts for different purposes.
- Some GMO Aozora Net Bank services are unavailable: Certain options, such as the transfer fee discount service "Furikomi Ryokin Tokutoku Kaiin" offered by the partner bank, are not accessible via Raksul Bank.
As long as these considerations are understood in advance, they should not pose significant obstacles for most small and medium-sized enterprises. Overall, the service receives extremely high marks for its core values of cost reduction and speed, making it a sufficiently trustworthy option for corporations considering opening an account.
How to Open an Account in 4 Simple Steps
Opening a Raksul Bank account is designed to be surprisingly simple. Let's walk through the four steps based on the actual process followed by Mr. Tanaka.
Step 1: Log in with your Raksul account and fill out the application form First, create a Raksul account or log in with an existing one. If your company already uses Raksul services, you can start the application immediately from a familiar interface. Enter your company's basic information into the form.
Step 2: Declare business activities, verify identity, and submit documents Opening a corporate bank account requires information that verifies your company's existence. In addition to declaring your business activities, you must submit necessary documents online, such as proof of identity and a certified copy of the commercial register (Certificate of All Registered Matters). The process is completed simply by uploading photos taken with your smartphone.
Step 3: Initial setup Once the review is complete, login credentials for GMO Aozora Net Bank's internet banking service will be issued. During your first login, you will perform initial settings, including setting up your password and security preferences.
Step 4: Ready to use Once these steps are complete, your Raksul Bank account can be activated as soon as the same day you apply. You can immediately begin operations such as transfers and deposits/withdrawals. Moreover, you can maintain the account with a monthly fee of ¥0, and execute transactions at a low cost of just ¥119 per transfer. We recommend opening a free account first to experience its usability firsthand.
Throughout this entire process, there are data-backed reasons to feel confident. The monthly fee remains ¥0 indefinitely, meaning there is no cost to maintain the account, and a low transaction fee of just ¥119 applies to each transfer. Most importantly, everything from application to approval is completed entirely online, so there is absolutely no need to visit a physical branch. The barrier to entry is designed to be extremely low, encouraging you to simply give it a try.
Which Businesses Is It Best Suited For? Recommended and Not Recommended Use Cases
Raksul Bank is not a one-size-fits-all solution. To help corporate representatives like Mr. Tanaka determine whether it fits their company, we clearly outline scenarios where its use is highly recommended and those where it is not.
Cases Where Using Raksul Bank Is Highly Recommended
- Businesses with high monthly transfer volumes seeking to reduce fees: With 30 transfers per month, the annual difference can amount to tens of thousands of yen, delivering significant cost-saving benefits.
- Businesses needing an immediate corporate bank account: Ideal for startups just after incorporation or companies expanding operations where speed is paramount.
- Businesses already using Raksul services: Debit card payments earn 2.0% cashback, effectively turning printing and logistics expenses into assets.
- Businesses aiming to complete all back-office tasks online: Eliminates branch visits and paper document exchanges, maximizing accounting efficiency.
Cases Where Use Is Not Recommended or Requires Careful Consideration
- Sole proprietors: Raksul Bank is exclusively for incorporated entities; sole proprietors are ineligible.
- Businesses qualifying for even lower-cost alternatives like Finserv Bank: Under specific conditions, options offering transfer fees as low as ¥21 may be available. A comprehensive comparison based on your company's usage patterns is essential.
- Businesses prioritizing personalized in-person support: As the service operates entirely online, those preferring consultations with dedicated branch staff may find it lacking.
- Businesses wishing to open multiple corporate accounts: Limited to one account per corporation, preventing strategic account segregation.
Ultimately, Raksul Bank shines brightest for startups and small corporations that prioritize cost reduction and operational speed as critical management objectives. For business owners like Mr. Tanaka, who focus on minimizing fixed costs by even a single yen without compromising growth momentum, Raksul Bank is unequivocally a top-priority service to consider.
Conclusion: The First Step to Cutting Fixed Costs is Trying a Corporate Net Account for Free
Many business owners worry about corporate account fees and feel compelled to take action, yet hesitate when imagining the complexity of the procedures. For them, such back-office inefficiencies are a major hurdle to focusing on their core business.
Raksul Bank removes this hurdle through the power of technology. With no monthly fee and transfer charges of just ¥119, eligible applicants can start using their account as soon as the same day, completing the entire process online without any hassle.
For small corporations recently established, like Mr. Tanaka's, this means far more than simply finding a "cheap bank." It immediately improves cash flow and dramatically reduces the time spent on accounting tasks. As a result, the money and time saved can be redirected toward growing the core business.
You can open and try a Raksul Bank account completely free of charge. Taking this first step involves absolutely no financial risk. Start by visiting the official website to simulate how their simple fee structure could change your company's expenses.
Please note that the content of this article is provided for informational purposes only. For specific tax or legal decisions, please consult with a professional such as your tax advisor.
Methodology and Disclosures
Verification Method: This article was created based on public information verified as of 2026-08-10. Our editorial team has not actually contracted or used the services discussed. The explanations provided are based on public sources, including official websites, third-party reviews, and user feedback. Service details, fees, and campaigns are subject to change; please always verify the latest information on the official website before applying.
Publisher Information: Our editorial policy and evaluation criteria are outlined in our Editorial Policy, and our verification procedures are detailed in our Evaluation Methodology. If you identify any errors in the content, please report them via our contact form.
Affiliate Disclosure: This article contains affiliate links, through which we may earn a commission at no additional cost to you. These commissions do not influence our evaluations or rankings.
Frequently Asked Questions
Is Raksul Bank account opening really possible on the same day?
According to the official website, the fastest opening is on the same day, but in reality, it may take until the next day or later due to incomplete documents or screening status. It is true that the process is fully online and faster than traditional banks, but it is not guaranteed. Apply with ample time.
Can sole proprietors use Raksul Bank?
Raksul Bank is only for corporations; sole proprietors are not eligible. If you are a sole proprietor, consider online banks that support sole proprietors, such as GMO Aozora Net Bank or Sony Bank.
Are Raksul Bank's transfer fees really cheaper than other banks?
Raksul Bank's transfer fee to other banks is ¥119 (tax included), which is low compared to major online banks. However, some banks like Fincashier offer fees as low as ¥21 under certain conditions, so it's important to compare based on your company's transfer volume and conditions.
Is it concerning that there are few reviews for Raksul Bank?
Since the service launched in November 2025, the number of reviews is still small, but you can refer to official information and early user reviews. Also, because it uses the infrastructure of GMO Aozora Net Bank, its reliability is considered high.
Is Raksul Bank's screening strict?
The screening criteria are not disclosed, but they will check corporate registration information, business content, and confirm that you are not an antisocial force. It is likely that the screening is similar to that of general business account opening. If you prepare documents accurately, you should pass smoothly.
What is the difference between Raksul Bank and GMO Aozora Net Bank?
Raksul Bank is a service that uses GMO Aozora Net Bank's BaaS, offering a transfer fee of ¥119, which is cheaper than GMO Aozora Net Bank's ¥130, and claims the fastest same-day opening. On the other hand, GMO Aozora Net Bank also supports sole proprietors and has a longer track record.
Sources
This article is based on publicly available information as of 2026-08-10.
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