Show all from recent

1.
Vivinavi Los Angeles
Murmur Plus（534kview/4150res）		 Free talk Yesterday 18:07
2.
Vivinavi Los Angeles
cryptographic assets（3kview/37res）		 IT / Technology Yesterday 16:37
3.
Vivinavi Hawaii
How is everyone's happiness in Hawaii ？?（483view/6res）		 Problem / Need advice Yesterday 16:21
4.
Vivinavi Los Angeles
Let's gather the elderly ！ ！（417kview/881res）		 Free talk Yesterday 11:34
5.
Vivinavi Los Angeles
About Japanese School（124view/2res）		 Learn / School 2025/03/22 22:02
6.
Vivinavi San Diego
San Diego Airport, Domestic ⇔ How to make internat...（10view/0res）		 Question 2025/03/22 19:35
7.
Vivinavi Los Angeles
I want to contact a landline or cell phone in Japa...（373view/9res）		 Question 2025/03/21 23:45
8.
Vivinavi Los Angeles
What is it like to be an Uber driver ？?（430view/9res）		 Work / Career 2025/03/21 08:12
9.
Vivinavi Hawaii
What do Hawaii residents think about watching a vi...（1kview/14res）		 Question 2025/03/21 04:25
10.
Vivinavi Hawaii
I am looking for an excellent litigation attorney.（324view/4res）		 Visa related 2025/03/18 22:53
Go back to top
Topic

Vivinavi Los Angeles
Yen Accounts in the U.S.

Question
#1
  • Yen
  • mail
  • 2023/06/05 14:02

I think there was a previous topic about yen-denominated deposit accounts in the US, but I can't find it.

When I send money from Japan, it is deposited in dollars when it is wired to my bank here.　There used to be a yen-denominated account at Union Bank, but it seems to be gone now.　2 ～ Is there any Yen Account that can be maintained with a balance of less than $30,000 ？?

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#2
  • SJDummy
  • 2023/06/06 (Tue) 18:43
  • Report

The following article may be helpful. However, it appears that all banks require a substantial deposit.
https://www.mybanktracker.com/checking/faq/us-bank-multicurrency-account-307916

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#3
  • 💩
  • 2023/06/07 (Wed) 09:46
  • Report

I don't see the advantage of having a yen-denominated deposit in an American bank.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#4

Thank you, SJDummy. Yes, all banks except TIAA require a substantial balance, and since yen transfers to TIAA can only be made through other banks, we can only receive a limited number of transfers.　

For those of you who have had small yen deposits with Union Bank, are you still maintaining your accounts?

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#5
  • SC 430
  • 2023/06/30 (Fri) 07:44
  • Report

Yesterday, I bought Yen with a JPY Foreign Currency Time Deposit I made when I was at Union Bank. I heard that I cannot make a new one at US bank.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#6
  • こめお
  • 2023/06/30 (Fri) 07:56
  • Report

Why do you live in the US and need a Japanese Yen account ？?

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#7
  • 昭和のおとっつぁん
  • 2023/06/30 (Fri) 08:47
  • Report

2 ～ It would be nice if you could maintain a balance of less than $30,000 USD and still pay in yen
If you pay from an account you have in Japan towards the US
you could do it for a small fee.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#8

I still can't make a new one, SC 430, thank you very much.
I don't know how much the dollar will rise in the future, but it would be nice if US BANK's CDs pay more than 5% like other banks.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#9
  • Yen
  • 2023/06/30 (Fri) 16:20
  • Report

I copied the following from another topic （ Union Bank to ・ ・ ・ ＞ by mistake.

I have been told that I can't open a new Yen account with US Bank.
Although I don't know the future trend of yen-dollar, it would be nice if I can get more than 5% CD interest like ordinary banks.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#10
  • 振り子の原理
  • 2023/07/01 (Sat) 06:35
  • Report

#5

Nanu ？
Now that the yen is at record low, I want to buy some for investment purposes.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#11
  • SC 430
  • 2023/07/01 (Sat) 06:36
  • Report

In case you are wondering, the minimum for a yen account is $ 25000. I also made a CD with them, 4.95%, 19 months, not bad.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#12
  • 何言っちゃってるの？
  • 2023/07/01 (Sat) 07:47
  • Report

10 You have it in yen, so it's the other way around （ lol ）

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#16
  • 🥧
  • 2023/07/01 (Sat) 22:04
  • Report

Topix: You have yen and don't want to convert it to dollars right now, so you want to know if you can open a yen-denominated account. I also have tens of millions of yen, but if I change it to dollars now, it will lose a lot of value. I think that once the aftereffects of Corona are over, the current depreciation of the yen will be somewhat better, so I intend to keep it in yen until then. If you have dollars, you might as well buy yen. Both of these assumptions are based on the assumption that the yen will recover. Well, if you think the yen will recover, you can short dollar-yen on FX.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#17
  • 振り子の原理
  • 2023/07/02 (Sun) 01:24
  • Report

With the yen at a record low, $100,000 is converted to 14,000,000 yen.
The yen appreciates to 100 yen per dollar, and when you convert it back to dollars, it becomes 140,000 dollars.

What's with the self-destruction ？ lol
You have zero sense, so be quiet.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#18
  • 昭和のおとっつぁん
  • 2023/07/02 (Sun) 06:48
  • Report

Do you have tens of millions of yen in cash in a cash reserve for emergencies ？?

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#20
  • Yen
  • 2023/07/02 (Sun) 12:55
  • Report

My reason for wanting to have a yen account is similar to #16, "I don't want to convert it to dollars right now." Because when money is transferred from Japan to my bank here, it's very diminishing.　I think people who receive pensions from Japan feel the same way.

I don't know if the current rate is a record for those who know the days when the dollar was 190 yen, but I am thinking of buying yen now and waiting ＜ all the way to a stronger yen ＞.　

I am hesitant about Wise because it appears to be for small amounts and does not appear to be FDIC eligible.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#21
  • 昔話
  • 2023/07/05 (Wed) 16:09
  • Report

↑
More, back in the day $ 1=360 yen.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

Show all (17)

Posting period for “ Yen Accounts in the U.S. ”  has been closed.
Please create new topic to continue the same topic.

Report this topic
Go to top