Seven Bank, Ltd. is a Japan-based financial services company and a subsidiary of Seven & i Holdings Co., Ltd. The company operates a large network of automated teller machines (ATMs), primarily located in Seven-Eleven convenience stores and other commercial facilities throughout Japan. Its ATMs provide cash withdrawals, deposits, balance inquiries and other services for customers of numerous domestic and international financial institutions.
The company also provides banking services through its own accounts, including deposits, money transfers, payment services and personal loans. Seven Bank’s services are designed to support convenient, largely ATM-based banking, while its network also serves visitors to Japan by accepting cards issued by overseas banks and card networks.
Seven Bank was established in 2001 as IY Bank, a banking venture associated with Ito-Yokado and Seven-Eleven Japan, and adopted its current name in 2005. In addition to its domestic operations, the company has pursued international ATM-related activities, including through its U.S. subsidiary, FCTI, Inc., which operates ATMs and provides related services in the United States. Seven Bank is headquartered in Tokyo and is listed in Japan; its securities also trade over the counter in the United States under the symbol SVNBY.
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