Closing overseas bank accounts (was: Student Loans)
transword.richard@gmail.com wrote:
> The schools here didn't know anything about it, so you need to get
> the documents in place from the US first if possible, and find a bank
> that will write the loan (even though it is). That second part can be
> difficult if you are over in Japan and have already cancelled out your
> US bank accounts.
Just in general (not only with regard to student loans), it is a good
idea not to cancel out your US (or other overseas) bank accounts when
moving to Japan. It is very useful to have an overseas checking account,
for example. Wiring money into it to replenish your balance is generally
pretty straightforward, and many (most?) banks in the US will mail your
statements to you here in Japan for no extra charge.
Trying to set up an overseas account once you are in Japan would be a
lot more difficult, I would expect.
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Scott Reynolds scottreyn@gmail.com
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