Best English based bank for receiving large sum of money and pension transfers from US bank?

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solo7100
Regular
Posts: 97
Joined: Wed Mar 08, 2023 10:43 am

Best English based bank for receiving large sum of money and pension transfers from US bank?

Post by solo7100 »

Greetings,

I've heard of Shinsei, Sony, Prestia and their English banking services. My question is, which one of these (or another) would be good for receiving regular wire transfers and/or huge lump sums of funds from a US bank? Basically, when the pension is deposited into our American bank we want to send it our way here in Japan every month. I think we have to deal with taxes at some point in Japan (if I am understanding correctly about bringing your own retirement income in)? But that is another question I suppose...

Thoughts? Thanks,
captainspoke
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Joined: Tue Aug 15, 2017 9:44 am

Re: Best English based bank for receiving large sum of money and pension transfers from US bank?

Post by captainspoke »

If SS is a part of it all, I'd have it deposited directly to a bank here (skip the deposit into a US acct, then the transfer on your own to here). With sub-accts at shinsei/sony you'd be able to receive and then hold dollars.
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