[April 4] The deposit and savings account numbering system has been expanded
From April 1, 2025, the deposit account numbering system (Account Management Act system) was expanded. This system, based on individual consent, links My Number (individual identification number) to deposit accounts at financial institutions, primarily aiming to simplify procedures during inheritance and disasters. [Materials] Main benefits: Simplified procedures during inheritance and disasters; Centralized linking via My Number; Addressing concerns; Voluntary participation; Consideration of privacy…