It depends who buys Citi JP. This is not going to happen overnight. It would make sense for Shinsei bank if their foreigner focused business is profitable.

It was rumored for a while and became official last week. Retail banking is pretty worthless in a global ZIRP environment. But before 2008, Japan was a source of cheap of deposits for Citigroup.

There is still JP Post bank at NRT. I imagine that they dispense 1000 yen notes? Never used one of their ATMs. I also think Shinsei has an ATM?