Citibank Japan Online: Fill & Download for Free

It’s not particularly difficult, but only if you use certain institutions.Prestia, which used to be Citibank Japan, let’s you buy foreign currencies online and shift them into your foreign currency account. When you open a Japan account, you actually get both a Japanese Ordinary account and a foreign currency account. It is very simple and fast to buy another currency. If you would like to transfer that money outide of Japan, I beleive you need to register your account with Prestia, which probably takes a week or so (not sure because I registered in the 90s). Once registered, it is just a couple of clicks.I have heard there are other organizations (was it Lloyds?) that are also easy to use.Now, what isn’t easy is Japanese banks (MUFJ, etc.). Or the post office. Both a bit painful. Avoid.

Is the best rate relative to what? swiftness, cheapness or transfer-wise- you did not specify. So, first, we will start with how to send money to JapanHow to send money to JapanLearn how to transfer money to Japan with the best rate in four easy steps1. Make sure the Japanese yen exchange rate is favorableConverting your money at the right moment is a good way to optimize your transfer. Monitor the mid-market exchange rate and validate your transfer when the exchange rate reaches your target level.2. Go with the optimal option by comparing all the available companies.There are a lot of companies to transfer money to Japan, such as TransferWise, Western Union, MoneyGram, Currencies Direct, OFX. Using the most competitive provider from the list is a sure way to save money.3. Choose the best option for youSelect the provider with the best rates and lowest fees, the shortest transfer time, best ratings, or a combination of these factors.4. Sign up and start your money transfer to Japan with the company you selectedThe last step is to sign up on the money transfer provider's homepage (you most of the time have to provide documents to confirm your identity) and provide the details of your money transfer to Japan.These are the Biggest banks in JapanMitsubishi UFJMizuhoSumitomo MitsuiNomuraI am not sure that they are the best for international remittance, but these banks are the best for international transfers.: Chase, Bank of America, Citibank, HSBC, RBS, ABN-AMRO (La Salle Bank), Deutsche Bank, etc. are all good bets. Another easier way is to find out the international wire transfer instructions to your bank. I found a wonderful article, which I am going to include on the cheapest way to send money to Japan- I hope that you find it useful.:Most people default to using their bank, but this is often the most expensive option—especially if you’re transferring a large amount of money. I confess this was my folly for my first two years in Japan.Boring banksMost people default to using their bank, but this is often the most expensive option—especially if you’re transferring a large amount of money. I confess this was my folly for my first two years in Japan.Banks typically give you poor exchange rates (my bank would give me around 4% off the interbank rate), high fees and slow transfer times. Moreover, you typically have to phone during branch hours in the sending country (which might be the middle of the night in Japan), wait through hideous hold music, etc.In addition, if you are a resident in Japan, it may be tricky to open a new bank account “back home”, as you generally have to be resident in the country of the bank.Photo by Carey FinnPayPal and remittance servicesPayPal and Western Union are alternatives to banks, but in my opinion, they aren’t really much better than banks (maybe worse even).PayPal charges as much as 3-4% for normal transfers, plus they have a fairly low transfer limit (unless you’re a Business or Premier user), so they are not much use for sending very large sums of money. That said, some cheapos have had success sending money from a bank in their home country to their PayPal account in that country, and from there to their Japanese PayPal account and then Japanese bank. They’ve found this to be a cheaper method than using bank-to-bank direct, though a time-consuming one that requires much jumping through hoops (verification and so on) and investigating of receiving charges.Western Union has been in Japan since 2010 and is growing in popularity, but its transfer process can be cumbersome and costly once you factor in exchange fees.The only plus about services like these is that you can typically use them via an online interface and don’t have to deal with your bank’s call center, which is likely outsourced to another country.Note: GoRemit from Shinsei Bank is a name you’ll hear often when talking about transfers—but alas, it can only be used for sending money OUT of Japan.TransferWiseThis remittance service *is* actually a pretty good way of sending money to Japan. TransferWise is easy to use and not too pricey, either. You’re looking at a fee of between 0.5 and 1% (or even lower), depending on the currency you use—and as long as the amount is relatively small, there are none of the heinous receiving charges mentioned later in the article, or exchange rate rip-offs either. Turnaround time for transfers is usually two days, but can be faster. The downside? TransferWise is only available in a limited number of countries. Also, note that large transfers, i.e. amounts over 1 million JPY, are processed through SWIFT, and the receiving bank in Japan “may charge a small receiving fee of their choosing”.TransferWise borderless account: If you sign up for their borderless account, you can keep and send money in JPY, using the real exchange rate, which is pretty cool.XE Money TransferXE also offer a remittance service, which allows you to send amounts in JPY from your account. From what we’ve seen, fees appear to be minimal-to-none. Find out more about XE Money Transfer.The cheapest and best way to transfer money to JapanAfter all my trials and tribulations, I discovered OFX—the currency exchange provider. They facilitate foreign currency transfers direct to your bank account. They win on all counts:Their exchange rates are typically within around 1% of the interbank rate (i.e. their charge maybe 1% or less)—call them to check for your currencyThe transfer fees are very low (and you can skip them entirely with our special cheapo link)Transfers arrive very quickly—my last UK -> Japan transfer took just 24 hoursIt’s super convenient to use; you can save beneficiary details, then just log into your account and in a few clicks you’re doneNot only that, they have a series of tools, graphs, and facilities to help you make the most efficient foreign currency transfers.Cheapo Special Offer: I reached out to OFX and negotiated a special deal for Tokyo Cheapo readers, so if you sign up here and mention Tokyo Cheapo, they will waive the transfer fees (normally around about 12USD) on all your transfers! Forever. Yes. Forever.Note: OFX is currently unable to offer services to long-term residents of Japan. However, they are able to assist clients residing elsewhere.Exchange rate fluctuationsA big factor affecting your transfers to Japan is fluctuations in the exchange rate. If you’re moving to Japan and need to transfer a large sum, for a property purchase, for example, the exchange rate is constantly moving—so it can either go for you or against you, having a big impact on the amount you get at the end of the day. As real estate investments have a fairly long time horizon, the risk is high that the exchange rate will have moved by the time you transfer your money.To manage your risk, a specialist can offer you a “forward contract”. These contracts allow you to lock in an exchange rate for a date in the future; that means you’re buying now but paying for the full contract at a later date.If you are making or receiving regular payments, you can also lock into the rate today and make sure you get the same rate on monthly or quarterly payments for up to a year.Another tool many people use is a “limit order”. This is when you specify the rate you want and your foreign exchange provider then watches the rates for you. If the rate goes to your desired level, the provider purchases the currency at that rate. Limit orders are especially helpful because most people cannot watch the actively fluctuating foreign exchange market all of the time, and so they might miss out on a favorably spiked or short-term exchange rate improvement.OFX can help with all of these nifty strategies.Tokyo Stock Exchange | Photo by DocChewbacca used under CCReceiving bank chargesBanks in Japan love charging their customers pointless fees and will often apply a receiving charge to release the funds to your bank account EVEN IF YOU ARE SENDING THE MONEY IN YEN! Many banks charge a ridiculous C$35.81* to C$47.75* to receive yen transfers. And if foreign currency amounts are transferred to yen accounts in Japan, the receiving bank will set the exchange rate to yen—and likely charge you another couple of thousand yen for the conversion.Shinsei Bank is popular (and unusual) because they tend not to charge receiving fees, while JP Post and SMBC are on the lower end of the fee scale, charging around C$11.94*–C$17.91* per transfer. Most other banks are squarely in the C$47.75*+ bracket.Some bad news: these amounts don’t include intermediary fees. Most transfers, including those done via Shinsei, use intermediary banks which may or may not deduct handling charges—that’s more money down the tube.Cheapo tip: If you can specify an intermediary bank with a transfer to a Shinsei Bank account, opt for Citibank Japan Ltd, Tokyo Branch (for yen payments) or JPMorgan Chase Bank, N.A., Tokyo Branch (for USD payments), as they don’t charge fees (or didn’t, last we checked).If your transfer is from a major international bank to a major Japanese bank, then it should avoid intermediaries and “lifting fees”—just check before you send.Bitcoin bonusOne final means of sending money to Japan I should mention is using cryptocurrency. You’ve probably heard of Bitcoin and its Wild West tales of booms, busts, and more booms—plus you may have heard about the demise of the MtGox Exchange, a company that was based in Shibuya.Since I’m a bit of a geeky cheapo, I thought I’d see how using Bitcoin to move money to Japan would compare with other means, and before MtGox collapsed, I made several, not insignificantly-sized transfers to my Japanese bank account using Bitcoin as an intermediary. To my happy surprise, it was quite easy, fairly fast and the rate was reasonably good.I used a site called bitbargain.co.uk to buy Bitcoins using a bank transfer from my UK account; I then sent the Bitcoins to my (now evaporated) MtGox account, which I withdrew to my JP Bank account as yen. I was actually able to beat the interbank rate by gambling on the Bitcoin vs JPY price going up in my favor—since Bitcoin is pretty volatile it makes for fun gambling like this. But be warned, Bitcoin and cryptocurrencies, in general, are still quite new and risky; there are many ways to lose your coins, from price volatility to hacking to just forgetting your password/key.Of course, MTGox is no more (it shut down still owing its customers tens of millions of dollars), and a few years on Bitcoin is still pretty difficult to use—I wouldn’t recommend using it for currency transfer.

FMS Delhi has a stellar alumni base which is a close knit community. Some of the well known alumni are -Harit Nagpal- MD & CEO, Tata Sky LtdIra Singhal - Indian Civil Services Examination Topper 2014 (conducted by UPSC)Mahesh Verma - VC of Guru Gobind Singh Indraprastha UniversityRaghav Bahl- Founding/Controlling Shareholder & Managing Director, Network 18Sandip Das- Managing Director, Reliance Jio InfocommSat Parashar - Head of the Banking Center at the Bahrain Institute of Banking and Finance, Director at the Indian Institutes of Management, and was also the director of the Indian Institute of Management Indore, India from 2004 to 2008.Sandeep A. Varma, film director and writerAnupama Verma - Model, actress, and television personalitySanjay Sinha, Group CHRO at Fortis HealthcareAnurag Shrivastava, Spokesperson, Ministry of External Affairs, IndiaMahesh Aditya, CEO, Santander Consumer USAHema Jagota, Country Director, Clinical Solutions, ElsevierAshwani Windlass, Chairman - Board of Directors, Bata IndiaRajiv Shrivastava, MD and CEO, India Energy ExchangeAnshu Prakash, Secretary, Dept of Telecommunications, IndiaKumar Varun, ComedianSandeep Sahney, Head, Sanofi Genzyme, Japan and PacificMahesh Kumar Jain, Deputy RBI Governor, IndiaConsulting and General ManagementAbhijeet Shetty, Principal, BCGAchal Agarwal, Chief Transformation Officer, Kimberly KlarkAjoy Misra, MD and CEO, Tata Global BeveragesAmit Ganeriwalla, Partner and Director, BCGAnjani Kumar, Sr. Director, DeloitteAnubhav Pateria, Partner, BCGArun Batra, Advisory Services Leader, EYAshutosh Pandey, MD & CEO at Mahindra First Choice WheelsB.V. 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Mukundan, MD, Tata ChemicalsSanchit Makhija, Associate Director, PwC IndiaSankalpa Bhattacharjya, Partner & Leader - Deals Strategy, PWC IndiaSushil Pasricha, Principal, BainVinit Monga, Commercial Director, APAC, BCGSales and MarketingAbhishek Desai, Marketing Director, Procter & Gamble Indian subcontinentAkhil Chandra, Global Category Director, RBAmit Jain, Managing Director, L'OréalAngad Singh, Director, Market Research, Philip Morris InternationalAparna Chopra, Business Executive Officer, Breakfast Cereals, NestleAshish Rai, Vice President and Managing Director, Unilever Nepal LimitedAshok Bhasin, Managing Director – Nigeria, Reckitt BenckiserRakshit Hargave, MD, Nivea IndiaRohit Bhasin, Global Brand VP, HULMeghana Apparao, Chief Marketing Officer at Godrej Consumer Products LimitedVikram Khosla, Member, Executive Committee, Trade Marketing & Distribution Div. at ITC LimitedOperations, IT and E-commerceAdarsh K. Menon, VP and Head, FlipkartAnirban Chakravarty, Regional Sales Manager (South), MicrosoftAmandeep Lohan, Category Leader, AmazonAmit Mohan,Co-founder, HealthpediaArpanarghya Saha, Sr. Director- Digital Online Marketplace, SnapdealAshutosh Tripathi, Principal Group Program Manager, MicrosoftAtul Kanwar, President & CTO, Tech MahindraGaurav Kohli, Program Director, IBM IndiaRaghu Kochar, Executive VP- Corporate Communications, Fortis Healthcare GroupRajpal Duggal, Head Group Stategy & Corporate Planning, OxigenSrini Naladala, Director - Innovation, Technology and Quality @ General Mills, AMEA RegionFinanceAnshumaan Gupta, MD, BNP ParibasAmit Dhawan, MD & CEO, Edelweiss Finvest Private Limited & Head - Credit Trading DeskAmandeep Chopra, Head - Fixed Income, UTI Asset Management CompanyAtul Buchar, Group Product Head - Payments, GTS at DBS BankDinesh Khara, MD, State Bank of IndiaGeorge Mitra, CEO, Avendus CapitalKapil Singhal, Managing Director at KKR & Co. Inc. Alternatives - Structured CreditKanwaljit Singh, Founder and Managing Partner, Fireside Ventures; Co-Founder and Former MD of Helion Ventures; Former Director, Carlyle GroupManish Kohli, MD, Global Head of Commercial Cards, Citi BankManoj Kohli - Country Head of SoftBank India; Former MD and CEO of Airtel; Former ED and CEO, Escorts Limited.Porush Singh, Sr. VP Products, APAC, Middle East and Africa, MasterCardRajiv Malhotra, Senior VP, Credit SuisseRanu Vohra, MD and CEO, Avendus CapitalSandeep Narayan, Assistant VP, Citi Commercial Bank, CitiBank IndiaSanjay Rishi, President, American ExpressSanjay Vaid, Executive Director, Goldman Sachs Asset ManagementSantanu Sengupta, Regional Head-APAC, Wells FargoShaheen Bhardwaj, Managing Director, Financial Services, AccentureShalini Sultania, Executive Director, Morgan StanleySomer Massey, CEO, Kotak Mahindra Financial Services Ltd.Sudhir Sethi, Founder Chairman & Managing Director IDG Ventures IndiaSunil Kalra, Managing Director, Lighthouse Canton Hedge FundTashwinder Singh, CEO and Managing Director, Credit Strategies at o3 CapitalVipul Agarwal, MD, NomuraYash Sankrityayan, Principal, Jungle Ventures (Forbes 30 Under 30)