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| Japan
Currency |
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Note
Japan has a cash culture, and since there is not much crime it is
normal to see people carrying lots of cash with them. It is only
recently that credit cards have become more popular.
Currency
Japanese Yen (¥).
Notes are printed in denominations of ¥10,000, 5000 2000 and
1000. Coins are in denominations of ¥500, 100, 50, 10, 5 and
1.
Currency exchange
Money must be exchanged at an authorised bank or money changer.
Credit & debit cards
American Express, MasterCard Diners Club, Visa
and other major credit cards are widely accepted. Check with your
debit or credit card company for merchant acceptability.
ATMs are widely available howevermany do
not accept foreign credit or debit cards. They only operate
during banking hours and at weekend can be restricted to Saturday
morning.
A large selection of foreign credit and debit cards are
accepted, however, at more than 21,000 post office
ATMs, which are usually open Monday-Friday 07:00-23:00,
Saturday-Sunday 09:00-19:00. Citibank machines
also accept foreign credit cards and are usually open 24 hours.
Travellers cheques
These can be cashed in at most major banks, major hotels and some
duty-free shops. To avoid extra exchange rate charges, travellers
are advised to take travellers cheques in Japanese Yen
or US dollars.
Exchange
rate indicators
The below figures are included as a guide to the fluctuation of
the Japanese Yen against Sterling and the US Dollar: |
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| Date |
Oct'07 |
| £1.00= |
233.89 |
| $1.00= |
114.14 |
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Currency
restrictions
The export and import of local and foreign currency is unrestricted,
subject to declaration of amounts equivalent
to ¥1,000,000 or above.
Banking hours
Monday-Friday 09:00-15:00. |
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