money exchange

Discussion in 'General Topics - Life in Japan' started by dababa, Jan 10, 2011.

  1. dababa

    dababa TAG Member

    Joined:
    Sep 15, 2010
    Last Seen:
    Jan 17, 2011
    Messages:
    3
    Likes Received:
    1
    Where is the best place to change money i.e. best rates / lowest fees? I know the airport is not always the best place to do it can any help? I' m staying near Tokyo station
     
    Jimmydr likes this.
  2. Skinny James

    Skinny James TAG Member

    Joined:
    Jan 3, 2011
    Last Seen:
    Mar 6, 2011
    Messages:
    25
    Likes Received:
    3
    There are numerous places to get money exchanged in Japan. You can use Travelex, the postal savings if you just want to pull the funds directly from your account. Citibank is pretty good. I think you just have to check the rates and check each individual company. Certainly, I have seen other places, but I never used them and I did not really think they were for foreigners. These places usually have employees that can speak English.

    Here are some links:
    http://www.travelex.jp/
    http://www.citibank.co.jp/en/index.html
     
    Jimmydr likes this.
  3. TokyoSpirit

    TokyoSpirit TAG Member

    Joined:
    Sep 11, 2009
    Last Seen:
    Dec 17, 2016
    Messages:
    692
    Likes Received:
    20
    There used to be a money exchange center with decent rates at the Yaesu underground shopping center. They have since renovated and I'm not sure if it is still there. That's on the Nihonbashi side of Tokyo station, through the Tokyo Station City area.

    If you have cash to exchange, I think you can also go to the major banking outlets, language will be limited of course.

    Otherwise, you can also use the post office ATMs as well to withdraw money from your home bank account. (exchange rate is based on your bank in this case)
     
    Jimmydr likes this.
  4. Karen

    KarenKaren is a Verified Member Mistress of the Night

    Joined:
    Sep 24, 2009
    Last Seen:
    Mar 2, 2019
    Messages:
    619
    Likes Received:
    122
    Skinny James's links are just as good as anywhere else. It's been a long time since I've exchanged other currency for yen. I usually use my home bank, SMBC, to obtain currency for other countries I visit.

    Glad I don't play the FOREX market. I'd be living in a box down by the river... :p

    ~K~
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
    Jimmydr likes this.
  5. Skinny James

    Skinny James TAG Member

    Joined:
    Jan 3, 2011
    Last Seen:
    Mar 6, 2011
    Messages:
    25
    Likes Received:
    3
    That is certainly right. At the same time, there is one money exchange place at Narita Airport that has a pretty good rate too. At least that is what my Japanese friends tell me anyways. This one would be really close to the check-in area if nothing has changed.
     
  6. TAG Manager

    Executive Leadership

    Joined:
    Aug 23, 2009
    Last Seen:
    Today
    Messages:
    11,076
    Likes Received:
    21,845
    Sounds better if you say "in a van, down by the river..."

    This is Japan, so box probably fits better. :p:D:D
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
    Jimmydr likes this.
  7. z3abi

    z3abi TAG Member

    Joined:
    Apr 7, 2012
    Last Seen:
    Saturday
    Messages:
    1
    Likes Received:
    1
    i suggest to exchange from your contry
     
    Jimmydr likes this.
  8. sxian

    sxian TAG Member

    Joined:
    Oct 28, 2012
    Last Seen:
    Aug 21, 2015
    Messages:
    44
    Likes Received:
    10
    Here's a link to the currency exchange rates available at Narita:

    http://www.narita-airport.or.jp/exchange_e/index.html

    I will be arriving on Friday. I always change money at Narita. The rates are better than i can get trying to exchange it in America. You get a slightly better rate if you're exchanging travelers checks.
     
  9. meiji

    Global Moderator

    Joined:
    Jul 17, 2012
    Last Seen:
    Today
    Messages:
    3,300
    Likes Received:
    4,646
    I have a bank account with First Republic Bank in the States that doesn't charge ATM charges worldwide, and that's what I use for Dollar to Yen conversion. I think I may come out a percent or two behind, but for long term stays its more convenient.

    Note that you can withdraw money with a US ATM card at most Japanese Post Offices during business hours, and a large number of 7-11s (the ones that have a 'banking center') as well.
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
    Jimmydr likes this.

Share This Page