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How to withdraw yen from dollars using SBIsec

Posted: Mon Oct 03, 2022 1:40 pm
by rtaylor
Sorry if this is super obvious, but I recently sold some US shares from my NISA and now have $ in my account, how do I change this to yen to withdraw the cash?
Thanks in advance

Re: How to withdraw yen from dollars using SBIsec

Posted: Wed Oct 05, 2022 1:55 pm
by Paulo
I've never withdrawn, only deposited, but looking at this page it would appear you need a Sumishin SBI Net Ginko account with foreign currencies that's linked to your SBI account.

Re: How to withdraw yen from dollars using SBIsec

Posted: Wed Oct 05, 2022 2:34 pm
by RetireJapan
I've never used SBI, but I think this section of the 出金 page might allow you to change dollars to yen?

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Re: How to withdraw yen from dollars using SBIsec

Posted: Tue Nov 01, 2022 5:39 am
by deepdishj
It's too late now for this transaction obviously, but you do have the option of selling in yen or in dollars when you enter the order.

Re: How to withdraw yen from dollars using SBIsec

Posted: Tue Nov 01, 2022 8:54 pm
by adamu
Best way if you have an SBI bank account is to send it to your bank account, and convert it in the bank for ¥0.03 per dollar fee.
If not, you can exchange it to Yen inside SBI Securities for ¥0.25 per dollar fee.

To send USD to your SBI Bank account: 入出金 → 外貨出金
To convert USD to JPY inside SBI Securities: 取引 → 外貨出金 → 売却

Note to self: add this to the wiki...