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There are a number of options available for sending money overseas. The fastest,
of course, is by telegraphic transfer ("TT"), but you pay for the
convenience. Most banks charge either 2,500 or 4,500 yen per transfer (4,500
for urgent TTs) for most currencies. You can also send money through the
Post Office via telegraphic transfer with fees ranging from 1,000 to 2,500
yen, depending on the amount (up to 1,000,000 yen- 500 yen for every
additional 500,000 yen).
Western Union
It’s a convenient and easy way to transfer money. After approval, your money
arrives in your home country in minutes. Your loved ones can then pick up the
money right away. There are however restrictions as listed below.
Maximum Send from locations Tokyo & Yokohama: 500,000 JPY or USD equivalents
Maximum Send from Telephone Banking Transfer: 500,000 JPY or USD equivalents
All senders must provide valid Identification that contains full names printed
in English spelling, birth date and physical address in Japan.
Senders who are short-term visitors or tourists in Japan must provide their
home countries address. ;
For passport to be accepted as a valid ID it must contain the full address;
include street address of the sender.
Money transfer from Japan to Nigeria, Russia, Ukraine and Moldova is limited
to JPY 300,000 or USD equivalent.
Total amount sent shall not exceed JPY 1,000,000 or USD equivalent per
customer within a 30-day period.
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