Sending Money Home

From HyogoAJET

There are several ways to send home money from Japan.

Popular options have been Lloyds Bank and the post office. The post office used to be cheaper than Lloyds but the handling fee has since increased to 2500 yen. Although this is more expensive than Lloyds, non-Lloyds TSB customers will also have to pay a further handling fee of around 1500 yen (or the equivalent in your home country) the other end when using the Lloyds Bank remittance service. This said, payments to Lloyds can be made at ATMs making it slightly faster and the correspondence you receive will be in English.

If you are sending larger amounts of money, you may want to consider using a Japanese bank. They may have higher handling fees, but the rates may be better than Lloyds.

Lloyds Bank

Phone: 03-3589-7745
E-mail: golloyds@tokyo.lloydsbank.co.jp
URL: http://www.golloyds.com/individuals/register/en

Visit the above link and download the application form. Send the application form along with photocopies of two of the following documents:

• Alien Registration Card
• Passport photo page
• Japanese Driver's License

Lloyds TSB Bank plc, Tokyo Branch
Akasaka Twin Tower, New Tower 5F
2-11-7 Akasaka Minato-ku, Tokyo,
〒107-0052

〒107-0052
東京都港区赤坂2丁目11-7
ロイズＴＳＢ銀行東京支店海外送金課

Mitsui Sumitomo

Mitsui Sumitomo charges higher handling fees than Lloyds Bank, and their service is purely in Japanese, but the rates appear to be a little better. If sending larger amounts of money (over $10,000, for example), it may be the less expensive choice.

Exchange rates

• GoLloyds: https://www.golloyds.com/calculator/en
• Mitsui Sumitomo: http://www.smbc.co.jp/ex/ExchangeServlet

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