Recently created my sole proprietorship in May this year.
Decided I want to have a dedicated account for all incoming payments and maybe expenses. I applied for PayPay Bank's specific 個人事業口座 but was rejected. (https://www.paypay-bank.co.jp/business/account/documents-02.html)
AFAIK there is no credit facility incorporated in the account so I cannot see how this rejection could be impacted by a potential credit score/ file issue. Perhaps because the business is newly registered? But that is quite counterintuitive so I don’t believe it is that either.
Usually if there is a “name” issue (ID card name doesn’t match inputted information) then they inform you about this and advise you to apply again or amend the existing application.
This was a complete rejection.
by eraser891