Originally Posted by
msb0b
Isn't the root cause that the Japanese ATM do not debit from accounts in real time?
Last month my withdrawal from a Seven bank ATM took over 3 days to show up in my US-based bank account, even though the receipt showed the correct balance available. On unrelated note, my ATM card didn't work in a Japan Post Bank ATM but worked in the Seven bank ATM right next to it.
Japanese ATMs have always debited my US accounts in real time. Sometimes it takes a few days for fees to be added but the actual amount is always debited then. I highly suspect that your bank isn't updating things in real time.
The thing that nobody has explained is that, while articles imply that 7 Bank has to bear the losses from this, why they have to bear losses when they were presented with valid cards and pins.