Hey everyone,
\*\*I was banned from JapanLife as i posted while i was out of Japan, other subreddits wont let me post so here i go\*\*
At this time i have a travel card from Australia which i pay 5-6 yen spread per $1AUD (so about 92 yen per dollar) then get charged a withdrawal fee of cash (\~400 yen) + 220 yen for ATM.
I am looking at my options and want to know if anyone uses any other form of transfer to change funds from 1 currency into Yen efficiently? I was looking at crypto but most exchanges in Japan seem to have fees to withdraw and convert the XRP to yen that makes it not really economical if i do this once a month.
I set up a Japanese bank account with the intention to try transfer directly however i was told that Japanese banks charge a “landing” fee or something about $40 AUD? On top of this, the spread on the yen isnt too bad but i prefer not to pay $40 a month.
I would love to hear any other forms of transfers that are legal to minimise fees, speaking of which i just thought of setting up a paypal account maybe but i assume the conversion/spread rates wouldnt be ideal either.
Thanks in advance!
by katsuhiko15
