Hello,
I have a large chunk of money (40k+) in an account in Canada, and am trying to transfer it to my account here in Japan, and I’m having a bunch of trouble. I’m hoping that someone else here might have encountered something similar and can offer advice.
I already have a Sony bank account in CAD that I’m able to receive funds in, however my bank in Canada won’t allow me to make a wire transfer without going to a branch in person. I’ve tried to appeal to them and see if they can make an exception if I provide documentation proving my identity, but they won’t budge on the issue.
I also checked to see if I could use Wise to make the transfer, but they don’t allow sending in CAD outside of Canada. If I send in JPY instead, I get worse rates than Sony, have to pay a large fee (over $60) per transfer, and due to transfer limits would have to split it into at least 5 transfers, making this cost quite a lot of money.
My immediate family in Canada recently passed away, so I don’t have anyone I could realistically trust to wire the money to me if I transferred it to them (also, my bank has a regular transfer limit of 3k, so it would take me quite a long time to transfer it to them anyways).
Does anyone have any advice for ways to send money from Canada in this situation? Is my only option really to just pay Wise over $300 in fees + get a worse rate…?
Thanks in advance for any advice.
by SayingWhatImThinking