Re: Best way to Send money to Japan
Matrix wrote:
[snip]
> So far i have try wiring money from BofA to JP bank but Japanese
> credit card company don't know the swift number(routing number) very
> stupid.
Er, a SWIFT BIC is quite different from an ABA Routing Number.
ABA stands for "American Bankers Association", and guess what,
their "routing numbers" are not used outside of the US...
Note also that *credit card companies* do NOT have SWIFT BICs.
*Banks* do. Furthermore, one should realize that credit card
balances are usually NOT settled with cross-border payments,
and hence SWIFT BICs do NOT come into play, and it's thus NOT
SURPRISING that the credit card customer representative you
called was quite puzzled when you asked him/her for a BIC.
To wire money to your credit card company's account, I suggest
you contact a US branch of the Japanese bank where that account
is held, and provide them with the in-Japan branch name and
account number. They should then be able to tell you which SWIFT
BIC -- e.g. SMBCJP?? for Mitsui Sumitomo, BOTKJP?? for Tokyo
Mitsubishi etc. -- to specify in your wire instructions.
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