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Changing Dollars

 
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bluetortilla



Joined: 18 Apr 2006
Posts: 815
Location: Henan

PostPosted: Fri Dec 11, 2009 8:32 pm    Post subject: Changing Dollars Reply with quote

I assume I'll be coming to Japan with dollars. Does the airport (Narita) offer decent exchange rates. Or should I just change what I need and go to a bank later?
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ShioriEigoKyoushi



Joined: 21 Aug 2009
Posts: 364
Location: Japan

PostPosted: Sat Dec 12, 2009 12:10 am    Post subject: Reply with quote

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Last edited by ShioriEigoKyoushi on Fri Mar 19, 2010 2:03 am; edited 1 time in total
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Bread



Joined: 24 May 2009
Posts: 318

PostPosted: Sat Dec 12, 2009 4:36 am    Post subject: Reply with quote

7-11 machines accept foreign ATM cards (at least Plus and Visa, I didn't care about others), it would probably just be easiest to do that.
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Apsara



Joined: 20 Sep 2005
Posts: 2142
Location: Tokyo, Japan

PostPosted: Sat Dec 12, 2009 5:08 am    Post subject: Reply with quote

Bread wrote:
7-11 machines accept foreign ATM cards (at least Plus and Visa, I didn't care about others), it would probably just be easiest to do that.


Apparently 7-11s aren't that common in some regions of Japan, so you may mot be able to find one. If you will be in the Kanto area, especially Tokyo, they are all over the place.
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G Cthulhu



Joined: 07 Feb 2003
Posts: 1373
Location: Way, way off course.

PostPosted: Sat Dec 12, 2009 5:38 am    Post subject: Re: Changing Dollars Reply with quote

bluetortilla wrote:
I assume I'll be coming to Japan with dollars. Does the airport (Narita) offer decent exchange rates. Or should I just change what I need and go to a bank later?


Compared to the usual US bank rate, Narita isn't too bad. But it's still not good. Compared to the usual US airport commercial exchange, Narita is freakin' good.

Better yet, just use the post office when you arrive. They will offer a better rate than most any other place and their fees are usually lower.

ATM's can offer good rates if it's a debit/EFTPOS card, but are generally the worst option possible (outside of commercial airport changers!) if you're using a credit card for a cash advance - they will be upwards of 10-15 points off the prime rate, plus Visa and Mastercard will add a 3% fee for the privilege of having already gouged you.
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