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#261955 - Tue Mar 04 2008 01:43 AM buying yen
al from scotland Offline
SJ'er with 100+ posts

Registered: Wed Jan 09 2008
Posts: 162
Loc: Aberdeen, Scotland
Right i am under the impression it is best to take yen with me to niseko due to lack of bank machines etc etc. Can anyone in the UK or anywhere advise the best place to buy yen before i go/ when i arrive. i can get about 186yen to the pound from the AMEX shop in my town, i got that quote today. Is the airport in tokyo a good option? Any advice would be great, cheers!

(2 weeks and counting!!! wooop woooop!!)
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#261956 - Tue Mar 04 2008 01:50 AM Re: buying yen [Re: al from scotland]
2pints,mate Offline
SJ'er with 2000+ posts

Registered: Fri Sep 13 2002
Posts: 2347
Loc: London
I would avoid the airports al, surely they rip you off all those last minute people who have no choice.

We went round the banks in town and compared the rates in each. Suggest you do the same! \:\)
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#262000 - Tue Mar 04 2008 09:58 AM Re: buying yen [Re: 2pints,mate]
Ezorisu Online   content
SJ'er with 1000+ posts

Registered: Wed Jan 04 2006
Posts: 1042
Loc: Hawaii and Sapporo
See if the bank where you have an account will do the exchange - sometimes they waive any service fees for their own customers. Definitely do it at home if at all possible.

Hotel front desks in Japan seem give better rates than the airport concessions (at home or in Japan) or Japanese banks. I think the worst rate I got was at a Japanese bank in Sapporo.
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#262013 - Tue Mar 04 2008 11:01 AM Re: buying yen [Re: Ezorisu]
Kraut_in_HongKong Offline
SJ'er with 200+ posts

Registered: Thu Dec 15 2005
Posts: 243
Loc: Hong Kong,上水
If you have a Maestro debit card you can use the ATM in the post offices and in 7Eleven shops.

7Eleven also takes a range of credit cards for cash withdraw (incl. AMEX)

PS: I used my EC Card (=Maestro) in the Hukuba 7/11. Maximum is 50,000 per withdraw. And you can do at least 2 withdraws in a row.

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#262077 - Tue Mar 04 2008 02:55 PM Re: buying yen [Re: Kraut_in_HongKong]
Tubby Beaver Online   content
SJ'er with 3000+ posts

Registered: Mon Feb 09 2004
Posts: 3176
Loc: Fujisawa
only 186 yen to the pound??!!! Really? What bank are you Al, they should convert it without charging a fee. Stay away from any of the tourist money converters (although keep a small eye on Thomas Cook, cos sometimes they do good deals). RBS and BoS should be very competitive. Stay away from the Airport ones unless its just chump change you're changing.

I sent money the opposite way on Friday and it 212 yen for the pound.

7/11 shops accept VISA cards I'm sure BUT its select ones and there is no way to know which ones. Doesn't Niseko have a Post Office nearby? Post Office machines accept bank cards from home as long as they have the Maestro sign
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#262078 - Tue Mar 04 2008 02:57 PM Re: buying yen [Re: Tubby Beaver]
thursday Offline
SJ'er with 7500+ posts

Registered: Tue Jul 18 2006
Posts: 7617
Loc: 香港
Al, meet up with TB and he'll give you a good rate.

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#262079 - Tue Mar 04 2008 02:57 PM Re: buying yen [Re: thursday]
thursday Offline
SJ'er with 7500+ posts

Registered: Tue Jul 18 2006
Posts: 7617
Loc: 香港
I'll take 1% for suggesting that.

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#262115 - Tue Mar 04 2008 06:28 PM Re: buying yen [Re: al from scotland]
Mark.S Offline
SJ'er

Registered: Sun Feb 17 2008
Posts: 2
Loc: Japan
The best thing to do is to take yen out from a cash machine in Japan. Some banks, e.g. RBS don't charge you for taking money out abroad. Even if they do, it'll definitely be cheaper than trying to exchange it anywhere. The only problem is tho that hardly any cash machines take UK bank cards in Japan (trust me! me and my friends have wondered EVERYWHERE looking for places that work). Machines in airports tho work 100%. I know UK bank card have this annoying policy of can't-take-out-more-than-2or300 quid a day-policy, so what I tell my friends to do when they come out here is to take out yen in the airport as soon as they arrive and pay other expenses (food, trains) by card.
P.S. One last tip, cash is still mainstream in Japan and rather remote places in Hokkaido may not take cards. So best to take cash out any time you're using an airport or in a big city where they have banks like citibank!

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#262117 - Tue Mar 04 2008 07:00 PM Re: buying yen [Re: Mark.S]
JA Offline
SJ'er with 750+ posts

Registered: Sat Nov 24 2007
Posts: 950
Loc: Tamworth NSW Australia
In Niseko, some places take cards but most prefer cash. The Post Office cash machine in Kutchan will take "foreign" cards - not sure of what other kinds, we had Mastercard that worked. Seven11 have a gig with an atm in the stores. Trouble is, Hirafu doesn't have one, just a SeikoMart (AFAICR)
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#262119 - Tue Mar 04 2008 07:52 PM Re: buying yen [Re: JA]
Sciclone Offline
SJ'er with 50+ posts

Registered: Sun Nov 18 2007
Posts: 50
Loc: Brisbane, Australia
I know it might be slightly different for UK residents, but I found it easier to use my ATM card (hole-in-the-wall) at 7-11. Provided your visa card is linked to your savings account, or it has Sirus or something on the back, you should be able to do it. What I would suggest is changing some money to yen before you, so you can get your transfers/buses and stuff, but going to the nearest 7-11 when you get there.. Also most banks don't rape you in charges to transfer money, as opposed to travel exchanges.

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#262139 - Wed Mar 05 2008 12:30 AM Re: buying yen [Re: Sciclone]
Indo Offline
SJ'er with 4000+ posts

Registered: Sun Feb 17 2002
Posts: 4356
Loc: Nagoya
My bro had hassles with card limits (OZ side)
You can ring your bank and arrange for a higher limit while you are away.
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#262141 - Wed Mar 05 2008 01:46 AM Re: buying yen [Re: Indo]
al from scotland Offline
SJ'er with 100+ posts

Registered: Wed Jan 09 2008
Posts: 162
Loc: Aberdeen, Scotland
decent, cheers everyone!
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time wounds all heels

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#262382 - Thu Mar 06 2008 10:13 AM Re: buying yen [Re: al from scotland]
Tubby Beaver Online   content
SJ'er with 3000+ posts

Registered: Mon Feb 09 2004
Posts: 3176
Loc: Fujisawa
Post Office is A-OK for UK bank cards
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