Hibijibi <km34@columbia.edu> wrote:

> > Can anyone recommend a Japanese bank which has good exchange rates when
> > transferring money from the U.S. via telegraphic bank transfer?
> 
> I'm not sure why it would be a Japanese bank. If it were a transfer from the
> US then it would likely be an American bank.  IOW, the exchange rate is set
> by the bank sending the money, not receiving it.

I meant Japanese bank like Tokyo Mitsubishi, etc. rather than Citibank
Japan.

> My experience has been that banks do not offer very good exchange rates for
> transfers.  But I wonder what kind of rate you can get transferring from
> your American Citibank account to your (Japanese?) Citibank account.  I've
> heard there's no advantage, but haven't verified that.  The info at the
> Citibank site, of course, only talks about the fees involved and not the
> rates.

Citibank Japan charges something like 2,500 to deposit a U.S. dollar
check into a Multimoney account.  Charge is waived if you deposit a
check drawn on a Citibank USA account.

Thanks,

-- 
Matt
matt@gol.com