Job Discussion Forums

[nuchie]

Anyone know of a good place to change australian dollars to yen?

or is it just the local bank?

post office is a waste of time! very bad rate and comission

Thanks

[David W]

If you're changing cash you are gonna get reamed wherever you change it. Grit your teeth and prepare for a shafting. Sorry.

[spidey]

Yeah, I agree with David.

Best place to exchange cash...Bank

Worst place...Airport

IMHO

S

[Nismo]

withdrawing my money from an American bank account through the Japanese post office ended up being the best exchange rate possible.

[nuchie]

we just checked the rate from bank and post office
this is for ozzie dollars to yen

for cash exchange its 71.76
for travellers cheque its 79

back in australia the rate now is 81

so thats a big difference!!!

[spidey]

It's always best to exchange cash in your home country or the country in which you are exchanging from.

[Nismo]

Of course, the exchange rate for your own notes is better at home. What I was saying is that, being that I had an American bank account and not a Japanese one, the exchange rate (when you are in Japan) is much better at the post office than a bank.

If you are going to exchange your cash all in a lump sum one time only, do it before you leave home, or convert your money to travelers checks. (When I used travelers checks, the official exchange rate was 120 Yen to the dollar. I got 119 Yen when exchanging not a bad trade! And that was at the counter in Narita airport!)

[AgentMulderUK]

Citibank is quite good. No commission, good rates, IF you can get an account with them.

[observer]

Not sure about where to change money, but sending it home is simple using Lloyds TSB Reemittances...same day service, competitive xchange rates etc