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A friend of mine who lives in Tokyo told me that in Japan it's near impossible to transfer money from one bank to another Go to any of your bank's ATMs with yo
by patio11 10y ago
A friend of mine who lives in Tokyo told me that in Japan it's near impossible to transfer money from one bank to another
Go to any of your bank's ATMs with your ATM card and/or passbook. Select 振込. Input amount. You will be asked the bank, bank branch, and 7 digit account number of the person you are sending it to. You will then be (typically) shown a screen which shows you the fee (100 to about 500 yen depending on bank and size of transaction) and lets you adjust your telephone number or name if required for the convenience of the firm receiving your payment. Hit OK. If done within banking hours, the payment is effectively instantaneous. If you cannot follow these instructions, you can ask a teller to assist.
If you're doing the transfers between your own accounts and they're at different institutions then one will occasionally see people withdraw to cash and then immediately redeposit in a second account, to save the ~300 yen or whatever.
In related news, Japan is a major Western country and banks do not communicate via couriers and smoke signals, contrary to impressions your friend may have.
- lmm 10y ago> Japan is a major Western country Um...