Search found 18 matches

by adamtokyo
Thu May 30, 2024 11:30 am
Forum: Banking
Topic: Leaving Japan and transferring money back home
Replies: 23
Views: 3507

Re: Leaving Japan and transferring money back home

One last idea, could you get a Yen cashier's check and transfer the money this way? (close your account, put the money in a cashier's check, and then deposit it once you get to the UK? (I did this in the US, with a US dollar cashier's check, and it worked out well in Japan. It did take a month to c...
by adamtokyo
Thu May 30, 2024 10:33 am
Forum: Banking
Topic: Leaving Japan and transferring money back home
Replies: 23
Views: 3507

Re: Leaving Japan and transferring money back home

Well unsurprisingly Rakuten are about as useful as a chocolate teapot. We apologize, but Rakuten Bank accounts are only available to those who reside in Japan. Therefore, when a customer with a Rakuten Bank account becomes a non-resident, Your account has been cancelled. We kindly ask for your under...
by adamtokyo
Wed May 29, 2024 11:20 am
Forum: Banking
Topic: Leaving Japan and transferring money back home
Replies: 23
Views: 3507

Re: Leaving Japan and transferring money back home

Does anyone have any ideas how I can get round this or alternative ideas to getting my nest egg back home. I don't know the rules about this so please take it with a pinch of salt, but this answer on the IBSJ FAQ page looks slightly promising: Q: I will be moving abroad. Can I maintain my account o...
by adamtokyo
Wed May 29, 2024 11:17 am
Forum: Banking
Topic: Leaving Japan and transferring money back home
Replies: 23
Views: 3507

Re: Leaving Japan and transferring money back home

I don't have any experience with this, but couldn't you take it as a 2 step procedure...make a trip to England, and open the yen account. Return to Japan and finish up all of your paperwork, including sending your money. A friend did this, moving back to Ireland (I'm not sure what bank he opened th...
by adamtokyo
Wed May 29, 2024 11:16 am
Forum: Banking
Topic: Leaving Japan and transferring money back home
Replies: 23
Views: 3507

Re: Leaving Japan and transferring money back home

Thanks Adamu: So sad to hear that you're going back to the UK! Thanks for all your kind advice... I can't see any history of adamtokyo and you exchanging info in the past 🕵🏻‍♂️ Oh I missed that part :D Does anyone have any ideas how I can get round this or alternative ideas to getting my nest egg ba...
by adamtokyo
Tue May 28, 2024 11:20 am
Forum: Banking
Topic: Leaving Japan and transferring money back home
Replies: 23
Views: 3507

Re: Leaving Japan and transferring money back home

Thanks for your reply! If I understsand you correctly, I'd still need to open up a Japan based account for this which I believe I have to close before I leave the country. So I'm still stuck.

Or is this an incorrect assumption?
by adamtokyo
Tue May 28, 2024 11:03 am
Forum: Banking
Topic: Leaving Japan and transferring money back home
Replies: 23
Views: 3507

Re: Leaving Japan and transferring money back home

I've looked at using Wise but I can only hold ¥1,000,000 (£5000) which is not big enough for my life savings.
by adamtokyo
Tue May 28, 2024 10:51 am
Forum: Banking
Topic: Leaving Japan and transferring money back home
Replies: 23
Views: 3507

Leaving Japan and transferring money back home

Hi all, sadly my plans of retiring in Japan have been cut short. I have to move back to England though will be returning every year to visit the inlaws. From what I've researched I need to: - Notify authorities of my leaving and tidy up things like pension etc - close my Japan based bank accounts be...
by adamtokyo
Wed Mar 25, 2020 9:51 am
Forum: Legacy NISA (~2023)
Topic: Is investing a lump sum in Tsumitate possible?
Replies: 6
Views: 5041

Re: Is investing a lump sum in Tsumitate possible?

Sorry for the late reply everyone and thank you very much for your help.

I decided to just open a standard Nisa with Rakuten as I want to make a few lump sum payments.

Now I'm just waiting for the inevitable kafuffle over my middle name.

Thanks again

Adam
by adamtokyo
Tue Mar 17, 2020 1:11 am
Forum: Legacy NISA (~2023)
Topic: Is investing a lump sum in Tsumitate possible?
Replies: 6
Views: 5041

Re: Is investing a lump sum in Tsumitate possible?

Thanks goodandbadjapan, Yeah that was my original understanding too. I just went back and reread the thread which ran counter to that and realised that the OP was eventually corrected as per your comment. Do you know if lump sum payments are allowed in the tsumitate or is it always a regular fixed p...