Someone is going to be sending me money - they live in Japan. What is the cheapest way to send the money? The amount is going to be somewhere between $1500-6000, probably closer to the 1500.
I have an account with xetrade and they have worked well in the past for UK/US money transfers but I notice that Japanese residents cannot sign up on that site. Where can I get the best rate possible?
I also have a forex account with my broker but 'hedging' is probably too complicated for this transfer unless someone here thinks differently.
I will also be visiting this person in December so there is the possibility they could give me some cash and I could convert once I reach the US again, although I'm sure there are limits on the amounts of money I can take overseas.
posted by locussst
on Oct 8, 2013 -
We have a collection of old foreign money that we'd like to get rid of. What's the best thing to do with it? Complicating factors: not that old, not that much, not exactly a curated collection, we're in Canada. [more inside]
posted by jacquilynne
on Sep 6, 2013 -
Is there a place online where (presumably they would have to be nice, I would guess) people would trade money for gift cards to stores at which they shop anyway? Or something similar? [more inside]
posted by jitterbug perfume
on Jul 29, 2012 -
Money: who are the current deep thinkers about money, monetary systems, currency, global flow of cash... and alternative systems and options. [more inside]
posted by HopStopDon'tShop
on May 8, 2012 -
A friend, who's as bad at numbers as I am, has money in an American bank account. He needs to pay for something in Switzerland. Is there any advantage to changing the dollars to euros and then to Swiss francs, or is a direct dollar-franc transfer the best way to go? [more inside]
posted by Paris Elk
on Apr 3, 2011 -
How to get the best conversion rate (GB Pound to US Dollar)?
I've been working in London for the past year, trying to save up money for grad school when I return to the states. I was told that December was the best month of the year to do a GBP to USD conversion (not too sure how accurate that is).
I bank with Barclays (England) and Chase (US) and am in the states at the moment. I've brought the money (in GBP) over because I thought it would give me more conversion options.
I know that it can get complicated with conversion rates changing, various banks with their own exchange rates, etc. I'm willing to open an online bank account if that's the best option to transfer pounds to dollars.
Are there any conversion geniuses out there who can help give me any tips?
posted by Danah_78
on Dec 23, 2010 -
I'm an American who's just bought a lovely home in the EU. Yay! Now I have to make regular mortgage payments while still living and working in the US. How do I transfer money over to our EU bank account on a regular basis as cheaply as possible?... [more inside]
posted by finitejest
on Oct 30, 2009 -
Need to transfer modest amounts of money from UK to a US bank account every 2-3 months. What would be the most cost-effective way to do so? [more inside]
posted by moiraine
on Oct 22, 2009 -
LivingAbroadFilter: What can I, in particular, do to avoid conversion fees from USD to EUR? [more inside]
posted by PaulingL
on Sep 9, 2009 -
I wanna be a Zimbabwe dollar billionaire. Where can I buy Zimbabwe dollars in bulk at a reasonable price? [more inside]
posted by ph00dz
on Jul 31, 2008 -
I'm feeling guilty about a personal monetary transaction I made with my boss, that ended up being way in my favor by accident (miscalculation on my part). He said he was fine with it at the time, should I try to make amends anyway or just leave it? [more inside]
posted by cabingirl
on Mar 7, 2008 -
What's the best way to exchange Japanese Yen (in cash form) to USD? [more inside]
posted by Muu
on Mar 5, 2007 -
Like many UK people, I earn some money in dollars: Adsense and Cafepress mostly. Whilst the exchange rate is poor, it would make a sense to leave this money in the US and only collect, as and when the rate changes significantly in my favour. Any one got any experience with a UK based person setting up US dollar savings account with good interest?
posted by robmanuel
on Dec 4, 2006 -
I have a not-insignificant amount of Polish zlotych. Help me figure out if and how I can exchange it... [more inside]
posted by deafmute
on Jan 24, 2006 -
Is there a website that catalogs the daily exchange rates between countries? For example, if I wanted to know the exchange rate from Canadian to American dollars on July 27, 2005?
posted by billysumday
on Oct 13, 2005 -
What is the most cost-effective way to convert $40K US dollars into pounds Sterling? [more inside]
posted by anonymous
on Jun 8, 2005 -
How would one go about purchasing new Iraqi Dinars, if one were so inclined? My local banks (in Canada) laughed at me, as it is not apparantly exchanged outside Iraq, and the Internet seems to be full of ripoffs selling the currency as "collectibles" at double the official exchange rate. Does anyone know a way I could buy the dinar anywhere close to 1460/US dollar?
posted by loquax
on Jul 28, 2004 -
There's Paypal, eGold, amazon bucks et al. Is there a "net-cash" system out there that people from all over the world - from Aruba to Brazil to Zimbabwe - can use?
posted by dabitch
on Dec 16, 2003 -