Hello all,
I was advised to use Sony bank to receive and convert 135,000 Canadian dollars to Yen as they offer the best rates. (1 CAD =107.18 JPY as of today with Foreign exchange fee of 1 CAD =0.45JPY since I dont have Club S rank)
Sony bank details on foreign currency remittance [https://moneykit.net/en/guide/fct\_in/](https://moneykit.net/en/guide/fct_in/)
A mystery to me is “The intermediary bank may charge additional fees.” in my case (JPMORGAN CHASE BANK,N.A. (SWIFT BIC:CHASGB2L).
I cannot find what this fee would be anywhere, I asked Sony, they dont know, asked me to ask Canadian bank which I did but they do not know either.
Does anyone have experience dealing with this? How is Sony Bank when receiving large sums like this? Any tips or pitfall to avoid? Appreciated in advance.
by opeRaptor_