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Last updated : Nov 2009
Japan Currency
Japan Currency and Bank information - TravelPuppy.com
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:
 
Date Oct'07
£1.00=
233.89
$1.00=
114.14
 
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.
Useful travel links
American Express Cheques information about Amex travellers cheques
Travellers Cheques Visa information about Visa travellers cheques
Universal Currency Converter easy online foreign exchange and currency
VISA ATM Locator location of ATMs that accepts VISA cards