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

Posted: Mon Aug 21, 2023 3:16 am
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,

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

Posted: Mon Aug 21, 2023 3:27 am
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.