Re: Money Transfer from US to Japan
Hibijibi wrote:
> "Graham Bell" wrote...
>
>>Hibijibi wrote:
>>
>>>Can I clarify this... You took a regular personal type of check, err,
>>>checque, from an American (or Australian?) bank in US dollars and
>
> deposited
>
>>>it into a Japan Citibank Multimoney account as dollars? Or was it just
>
> a
>
>>>regular Citibank yen account?
>
>
>>They were all bank checques from US banks, not personal checques. One
>>was from the Bank of New York, I can't remember where the others were
>>from. I also deposited some US$ American Express corporate gift
>>certificates which were accepted as checques. No idea whether they would
>>throw up their hands at the sight of a personal checque...
>>
>>Yes, it was into a Japan Citibank Multimoney account. Normally they put
>>it straight into the multimoney account in the original currency, ie US$.
>>They just gave me the standard multimoney account deposit form, which
>>has a little box for "check" for what is being deposited, as well as the
>>currency.
>>I imagine you might get a lot more hassle if you didn't have a Citibank
>>Japan account, but if you have an account its a standard service.
>
>
> That's real interesting, thanks for spelling it out. Then of course, the
> question becomes: once you decide to "download" it into your yen account,
> what kind of exchange rate do they give?
The exchange rate is whatever rate Citibank happen to have set at the
time, which usually seems to be about 1 yen more expensive than the
'official' rate. If doing it by Internet banking, the Citibank rate can
be checked online..
Graham
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