TOKYO -- Sumitomo Mitsui Banking Corp. will stop charging exchange fees for foreign-currency deposits on Nov. 10, including of U.S. dollars and euros for retail customers, under plans announced Monday.
Finance
Japan's SMBC to end foreign-exchange fees for US dollar, euro deposits
Decision comes as retail customer portfolios expand to include other currencies
SMBC will be the first of Japan's three megabanks to end foreign exchange fees for deposits of U.S. dollars and some other currencies. © Reuters
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