MUFG Bank (三菱UFJ銀行) vs Sumitomo Mitsui Banking Corporation (三井住友銀行): which is better? Comparison 2026
By our public methodology MUFG Bank (三菱UFJ銀行) scores 96 out of 100 and Sumitomo Mitsui Banking Corporation (三井住友銀行) scores 77. Below: the factors and facts where they differ, each fact with its source.
Score breakdown
| MUFG Bank (三菱UFJ銀行) | Sumitomo Mitsui Banking Corporation (三井住友銀行) | |
|---|---|---|
| Safety | 100 | 70 |
| Digital services | 86 | 57 |
| Products | 100 | 100 |
| Transparency | 98 | 98 |
Pros and cons
MUFG Bank (三菱UFJ銀行)
- Wide range of products for private customers
- Long track record as a licensed bank
- Member of a deposit protection scheme
- Holds its own current rating from a recognised agency
Sumitomo Mitsui Banking Corporation (三井住友銀行)
- Wide range of products for private customers
- Long track record as a licensed bank
- Holds its own current rating from a recognised agency
- Publishes annual reports
Facts side by side
| Fact | MUFG Bank (三菱UFJ銀行) | Sumitomo Mitsui Banking Corporation (三井住友銀行) |
|---|---|---|
| Licensed since | 1919 bk.mufg.jp | 1876 smbc.co.jp |
| Deposit protection | Yes bk.mufg.jp | Not verified |
| Agency rating | Yes mufg.jp | Yes smfg.co.jp |
| Annual reports online | Yes mufg.jp | Yes smfg.co.jp |
| Mobile app | Yes bk.mufg.jp | Yes smbc.co.jp |
| Open an account online | Yes bk.mufg.jp | Yes smbc.co.jp |
| Instant payments | Yes bk.mufg.jp | Not verified |
| 24/7 support | No bk.mufg.jp | No smbc.co.jp |
| Retail lines offered (of 6) | 6 bk.mufg.jp | 6 smbc.co.jp |
| Tariffs online | Yes bk.mufg.jp | Yes smbc.co.jp |
| Deposit rates online | Yes bk.mufg.jp | Yes smbc.co.jp |
| Complaints procedure published | Yes bk.mufg.jp | Yes smbc.co.jp |
| Branches in the country | 412 bk.mufg.jp | 455 smbc.co.jp |