Sumitomo Mitsui

WikiFX | 2024-11-14 12:19

Abstract：Sumitomo Mitsui is a comprehensive financial services provider offering a diverse range of products including account management, loans, insurance, and internet banking. The company is headquartered in Japan and has been operational since 2002. Currently, it is regulated by the Labuan Financial Services Authority (LFSA) in Malaysia.

Sumitomo MitsuiReview Summary
Founded	2002
Registered Country/Region	Japan
Regulation	Regulated by LFSA
Services	Banking business, leasing business and other business
Customer Support	Phone: 0120-324-310,03-5539-2745 (Daily 9:00~21:00)
Customer Support	Address: 1-1-2 Marunouchi, Chiyoda-ku, Tokyo (zip code 100-0005)

Sumitomo Mitsui is a comprehensive financial services provider offering a diverse range of products including account management, loans, insurance, and internet banking. The company is headquartered in Japan and has been operational since 2002. Currently, it is regulated by the Labuan Financial Services Authority (LFSA) in Malaysia.

Pros and Cons

Pros	Cons
Access to a lot of financial services	Limited international regulatory presence
Regulated by LFSA

Is Sumitomo Mitsui Legit?

Yes, Sumitomo Mitsui is authorised and regulated by the Labuan Financial Services Authority (LFSA) in Malaysia.

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	Labuan Financial Services Authority (LFSA)	Regulated	SUMITOMO MITSUI BANKING CORPORATION	Market Making (MM)	Unreleased

Services

Sumitomo Mitsui offers banking business, leasing business and other business.

Sumitomo Mitsui's head office and domestic and overseas branches are engaged in banking business. SMBC Leasing & Finance Company provides leasing services.

Credit-related operations:financing, factoring, collection and venture capital services.

Investment Advisory Services:investment advisory services, investment trust consignment services, operations and management services related to defined contribution pension plans.

Banking Business	Leasing Business	Other Business
		Domestic	Overseas
deposits, lending, commodity securities trading, securities investment, domestic foreign exchange, foreign exchange, corporate bond trusts and registrations, financial futures transactions, and over-the-counter sales of securities investment trusts	leasing services	credit-related operations, securities Business, investment Advisory Services, information Processing and Business Information Provision Business	investment and loan services and swap services

Account Type

The only account that can be applied for Sumitomo Mitsui is an Olive account which has three account types, including Olive General, Olive Gold and Olive Platinum Preferred.

Deposit and Withdrawal

Sumitomo Mitsui accepts cash card, debit, credit, point payment, and payment with an additional card. When clients use an ATM or CD, they will be charged an “ATM/cash card usage fee” for each transaction of “deposit”, “withdrawal”, or “transfer”. Usage fees vary depending on the ATM, cash card, and time of day.

Fees

Sumitomo Mitsui offers several fee-related benefits for its Olive account holders:

No fees for transfers to another bank.

Up to 20% off with card payment points redemption.

ATM fee-free for 24 hours.

Access to special offers every month.

Safe and affordable Olive Flexible Pay options.

Forex Broker

Tauro Markets Review: Tons of Withdrawal Rejections & Trading Account Terminations

Did Tauro Markets intentionally withhold your capital when seeking withdrawals? Does the support team fail to respond to your several withdrawal requests? Is the Tauro Markets withdrawal approval process too long? Have you received an email from Tauro Markets about your trading account termination? These are some massive forex trading complaints against the broker. In this Tauro Markets review article, we have explained some poor trading experiences. Take a look!

Original 2025-12-04 19:22

NSFX Forex Broker Review and Regulation Updates

NSFX Forex broker review covering regulation, licenses, and compliance. Learn about NSFX broker's Malta license and revoked FCA authorization.

Original 2025-12-04 18:39

Is Adam Capitals Safe? A Complete Look at Risks, Rules, and User Worries

This article gives you a detailed Adam Capitals safety review to answer one important question: Can you trust this broker? To be honest, our research shows that Adam Capitals has a high risk level. The main reason for this judgment is that it's an unregulated broker working from an offshore location, specifically Saint Lucia. This one fact is more important than all other parts of its service. This lack of government oversight is a serious problem that puts client money in danger. Industry ratings show this reality, giving the broker poor scores consistently. Throughout this report, we will carefully break down the proof supporting this conclusion. We will look at its regulatory status (or lack of it), study how it operates, and include real-world user worries to give you a complete understanding of the risks involved when trading through Adam Capitals.

Original 2025-12-04 17:42

Adam Capitals Regulation: A Complete Guide to Its Licensing and Safety Claims

When choosing a broker, every trader needs to ask one key question: Is my capital safe, and is this company legitimate? The question of Adam Capitals regulation is at the heart of this safety check. Based on public records from 2025, the clear answer is that Adam Capitals does not have a valid financial license from any major, trusted regulatory authority. The company, called AdamFxCapitals Ltd, is registered as an International Business Company (IBC) in Saint Vincent and the Grenadines (SVG). However, this registration is not equivalent to financial regulation. As a result, the broker is classified as "High potential risk" and receives low trust scores from industry verification services. This guide will break down the broker's regulatory claims, look at how it operates and what platform it uses, and explain the risks for potential investors. The goal is to give you clear, fact-based information to help you decide if your capital would be safe with them.

Original 2025-12-04 17:29