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Receiving USD dividends in yen

Posted: Tue Jan 25, 2022 9:16 am
by RetireJapan
Is it possible to set Rakuten Securities so that USD dividends are converted to yen immediately?

Re: Receiving USD dividends in yen

Posted: Tue Jan 25, 2022 2:05 pm
by Haystack
RetireJapan wrote: Tue Jan 25, 2022 9:16 am Is it possible to set Rakuten Securities so that USD dividends are converted to yen immediately?
The standard advice is to try to set up a money-market sweep as MMF are taxed like regular securities, so no paperwork. As far as I understand.

I "think" you can do that in Rakuten?