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money question

 
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snooky



Joined: 12 Feb 2005
Posts: 11

PostPosted: Mon Aug 29, 2005 9:46 pm    Post subject: money question Reply with quote

Hey all- leaving for Tokyo next week to start with Aeon. Planning to bring about US$2000 with me. But I'm wondering what you think the best way to bring it is. How much cash? Then what...traveller's checks? Just leave it in my debit account? There are enough ATMs that I could get it from to make that an option, right?

Let me know what you think. I just don't want to be poor. Thanks a lot.
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Glenski



Joined: 15 Jan 2003
Posts: 12844
Location: Hokkaido, JAPAN

PostPosted: Mon Aug 29, 2005 11:00 pm    Post subject: Reply with quote

Don't count on accessing an ATM for every account in the world. What is your bank?

I'd suggest bringing travelers' checks in Japanese yen. Safe and easy to convert.
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ajarn



Joined: 15 Mar 2003
Posts: 53

PostPosted: Mon Aug 29, 2005 11:42 pm    Post subject: Reply with quote

If your debit account is affiliated with the Maestro or Cirrus networks, (there will be little red and blue or red and yellow circles on your debit card) you won't need traveller's checks. You will be able to use your card at any post office ATM.
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PAULH



Joined: 28 Jan 2003
Posts: 4672
Location: Western Japan

PostPosted: Mon Aug 29, 2005 11:43 pm    Post subject: Re: money question Reply with quote

snooky wrote:
Hey all- leaving for Tokyo next week to start with Aeon. Planning to bring about US$2000 with me. But I'm wondering what you think the best way to bring it is. How much cash? Then what...traveller's checks? Just leave it in my debit account? There are enough ATMs that I could get it from to make that an option, right?

Let me know what you think. I just don't want to be poor. Thanks a lot.


If you have a Cirrus card it may be possible to use ATMs in Japan to access foreign bank accounts. I believe you can also use the post Office ATM machines but Im not sure how this is done.
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ajarn



Joined: 15 Mar 2003
Posts: 53

PostPosted: Mon Aug 29, 2005 11:58 pm    Post subject: Re: money question Reply with quote

PAULH wrote:
If you have a Cirrus card it may be possible to use ATMs in Japan to access foreign bank accounts. I believe you can also use the post Office ATM machines but Im not sure how this is done.


First put your card in the machine,
Next put in your password
Then select the desired amount of money
Finally take your money and don't forget your card

If it's still unclear you can attend my class on sequence words and how to give instructions.
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Nismo



Joined: 27 Jul 2004
Posts: 520

PostPosted: Tue Aug 30, 2005 12:09 am    Post subject: Reply with quote

Debit cards from Bank of America or any other major bank from the States can be used at the post office ATMs, as stated. There is an English option on the machines, so don't worry about a language barrier.

If you close your bank account before coming (like I did), then I suggest having about 70,000 yen in cash on you before you come (about $700 USD), and put the rest in traveller's checks. You can exchange the traveller's checks later, after training, once you've arrived at your branch school.
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JimDunlop2



Joined: 31 Jan 2003
Posts: 2286
Location: Japan

PostPosted: Tue Aug 30, 2005 5:15 am    Post subject: Reply with quote

This exact question was discussed in the last few months in a fair bit of detail. If you want to know what will work and what will not, I provided some specific info there... You may want to read it.

http://www.eslcafe.com/forums/job/viewtopic.php?t=20771&highlight=atm+symbol

In the mean time, I will bump it so it's easier for people to read/access.

JD
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snooky



Joined: 12 Feb 2005
Posts: 11

PostPosted: Tue Aug 30, 2005 6:17 pm    Post subject: Reply with quote

Thanks a lot for the quick replies.

I use an HSBC debit mastercard, so it sounds like I'll be fine doing the ATM thing. Traveller's checks just seem like way too much of a hassle for me (thanks to my general laziness). So I guess I'll just bring like 50 or 60,000 yen along with me, and leave the rest in my debit account.

Thanks again for all the help.
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