Currency Online versus PayPal

Following up on an earlier post on international money transfers to Japan, I’ve now decided on the best method to get money to Japan from the US. For transfers for more than 40,000 JPY, use Currency Online. If the amount is less than 40,000 JPY, you’re better off using PayPal. Currency Online would win out in all cases, except that they use an intermediate bank to get the funds from the Bank of New Zealand to any bank account in Japan. I asked COL if they had any accounts in Japan and they told me no. They said their Japanese customers always eat this fee. So no matter which bank you… Continue reading Currency Online versus PayPal