I’ve been looking at Wise (ex Transfer wise) and other similar services to transfer USD to JPY while the exchange rate is good. The caveat here is that i won’t arrive in Japan until early next year, so my main goal here is to store Yen.
Does anybody know what the best “digital bank” (or alternative) is, where I can store yen?
Thanks so much 🙏
3 comments
Unfortunately, you can’t have bank account in Japan without valid resident card with registered address. At all.
This isn’t without risks, but you could always just convert within Wise and keep the JPY in your Wise account ready to go for after you move.
Revolut has an option to store various currencies including Japanese Yen.