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Topic

Yen Accounts in the U.S.

Question
#1
  • Yen
  • mail
  • 2023/06/05 14:02

I think there was a previous topic about yen-denominated deposit accounts in the US, but I can't find it.

When I send money from Japan, it is deposited in dollars when it is wired to my bank here.　There used to be a yen-denominated account at Union Bank, but it seems to be gone now.　2 ～ Is there any Yen Account that can be maintained with a balance of less than $30,000 ？?

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#3
  • 💩
  • 2023/06/07 (Wed) 09:46
  • Report

I don't see the advantage of having a yen-denominated deposit in an American bank.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#4

Thank you, SJDummy. Yes, all banks except TIAA require a substantial balance, and since yen transfers to TIAA can only be made through other banks, we can only receive a limited number of transfers.　

For those of you who have had small yen deposits with Union Bank, are you still maintaining your accounts?

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#5
  • SC 430
  • 2023/06/30 (Fri) 07:44
  • Report

Yesterday, I bought Yen with a JPY Foreign Currency Time Deposit I made when I was at Union Bank. I heard that I cannot make a new one at US bank.

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#6
  • こめお
  • 2023/06/30 (Fri) 07:56
  • Report

Why do you live in the US and need a Japanese Yen account ？?

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#7
  • 昭和のおとっつぁん
  • 2023/06/30 (Fri) 08:47
  • Report

2 ～ It would be nice if you could maintain a balance of less than $30,000 USD and still pay in yen
If you pay from an account you have in Japan towards the US
you could do it for a small fee.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

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