Where would you exchange the American dollar to Japanese yen and how much can you exchange to bring to Japan?
So say you are moving to Japan and you a lot of money. Where do you go to exchange your money to yen and how much can you do at once? Say you had a million dollars, could you exchange all that into yen and then go to Japan with it? If not then whats the limit? Also i doubt that you could carry all your money on a plane so what woudl you do witht he money so that you;d have it when yuo reach Japan?
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Tagged with: doubt • japan • limit • lot • million dollars • money • moving to japan • plane • yen
Filed under: Currencies
You can bring as much money as you want, but you have to declare it, and you will raise suspicions if you are carrying a large amount of cash. You can expect to be questioned by airport security, and have your stuff searched thoroughly. Also, by carrying lots of cash through an airport you run the risk that it will be confiscated or stolen.
If you are moving to Japan, you close out your bank account in the US, and instead of getting cash you get a certified check from your US bank, and then when you get to Japan you deposit the check in a Japanese bank or a Japanese branch of a US bank. It’s a lot safer to carry the check than cash, and if the check gets lost or stolen you can get it replaced.
As far as I know, there’s nothing to stop you from bringing $1 million from the US to Japan, but many countries do limit how much money someone can bring in or take out.
You leave it in your US bank account. After you open an account in Japan, you just have the money wired into the Japanese account. You would not carry that much cash because most countries require you declare cash above a certain amount. If you have a million dollars in cash on you, you will be questioned to prove you got it legally.