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International Money Orders?

 
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Yawarakaijin



Joined: 20 Jan 2006
Posts: 504
Location: Middle of Nagano

PostPosted: Tue Jan 13, 2009 4:03 am    Post subject: International Money Orders? Reply with quote

Just to start off, I have tried the search engine and for some reason it couldn't carry out any of my queries.

Here is my situation. I no longer have ANY ties to Canada. Credit card, bank account, nothing. I've also been turned down numerous times for a Japanese credit card ( don't even want to get into that again )

I'm looking into doing an online BA from Canada and the only other payment option for my coursework is a money order. What is the best way to go about that? I've heard you can do them from the post office and I imagine you can get them from a bank, but with my recent exploits into the world of Japanese banking I'm not putting much faith in them.

I would imagine the exchange rate comes in at some point and I would prefer not having to take a giant hit on the exchange rate as well as paying for the initial money order.

Any suggestions would be very appreciated. Sorry if its been done to death but the search option just was not going to work for me today. Cheers.
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Glenski



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

PostPosted: Tue Jan 13, 2009 8:22 am    Post subject: Reply with quote

"International Postal Money Order" is "kokusai yuubin kawase" in Japanese. (国際郵便為替)
This service is where money orders can be air mailed by post to the payee's address.
Telegraphic services are also available for fast delivery.

International money orders
An international money order is very similar in many aspects to a regular money order except that it can be used to make payments abroad. With it, a buyer can easily pay a seller for goods or services if he or she resides in another country. International money orders are often issued by a buyer's bank and bought in the currency that the seller accepts. International money orders are thought to be safer than sending currency through the post because there are various forms of identification required to cash an international money order, often including a signature and a form of photo identification.

When purchasing an international money order, it is important to ensure that the specific type of money order is acceptable in the destination country. Several countries are very strict that the money order be on pink and yellow paper and have the words "international postal money order." In particular, the Japan Post (one of the largest banking institutions in the world) requires these features. Most other countries have taken this as a standard when there is any doubt of a document's authenticity.

http://www.answers.com/topic/japan-post

Postal Savings www.yu-cho.japanpost.jp
UFJ www.bk.mufg.jp
Mizuho www.mizuhobank.co.jp
Sumitomo Mitsui www.smbc.co.jp
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Cole



Joined: 17 Apr 2007
Posts: 31

PostPosted: Wed Jan 14, 2009 1:28 am    Post subject: Money Orders Reply with quote

Money orders from the post office will cost you 2000 yen each. You will have to fill a form out for either sending the m.o to an adress or an account. The maximum amount sent cannot exceed 700 USD (in my case). Take a picture ID with you when you go. A passport or a gaijin card will do.
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