Hiroshima

๐Ÿ’ฑ

Currency Exchange

Sections

1. Reliable Locations for Currency Exchange in Hiroshima

Hiroshima offers several options for exchanging foreign currency, including banks, currency exchange counters, ATMs, and hotels. Here are the most reliable options:

a. Banks

  • Major Banks: Banks such as Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation (SMBC), and Mizuho Bank offer currency exchange services.
  • Operating Hours: Typically, banks are open from 9:00 AM to 3:00 PM on weekdays and are closed on weekends and public holidays.
  • Locations: Banks are located in central areas like Hiroshima Station, Hondori Street, and Kamiyacho.

b. Currency Exchange Counters

  • Travelex: A well-known international currency exchange service with counters in Hiroshima. They are often located in major transportation hubs like Hiroshima Station or Hiroshima Airport.
  • Hiroshima Airport: Currency exchange counters are available at the airport, offering convenience for travelers arriving in or departing from the city.
  • Midori no Madoguchi (JR Ticket Offices): Some JR ticket offices at Hiroshima Station also provide currency exchange services.

c. ATMs

  • Seven Bank ATMs: Found in 7-Eleven convenience stores, these ATMs allow you to withdraw Japanese yen using an international debit or credit card. They are available 24/7 and support multiple languages.
  • Japan Post Bank ATMs: Located in post offices, these ATMs also accept international cards and are a good option for withdrawing yen.

d. Hotels

  • Some high-end hotels in Hiroshima, such as the Sheraton Grand Hiroshima Hotel or RIHGA Royal Hotel Hiroshima, may offer currency exchange services at their front desks. However, the rates may not be as favorable as banks or exchange counters.

e. Online Currency Exchange Services

  • Some services, like Pocket Change, allow you to exchange leftover foreign currency into digital credits or gift cards. These kiosks are available in some major cities in Japan, though they may not be as common in Hiroshima.

2. Service Fees and Costs

When exchanging currency in Hiroshima, itโ€™s important to be aware of the associated costs:

  • Exchange Rates: Banks and official exchange counters typically offer better rates than hotels or private money changers. Rates at airports may be slightly less favorable due to convenience fees.
  • Service Fees:
    • Banks and exchange counters may charge a small handling fee (usually ยฅ500โ€“ยฅ1,000 depending on the amount exchanged).
    • ATMs may charge a withdrawal fee (ยฅ100โ€“ยฅ300 per transaction) in addition to any fees imposed by your home bank.
  • Hidden Costs: Be cautious of private money changers or unofficial services, as they may offer poor rates or charge high fees.

3. Basic Procedures for Currency Exchange

Hereโ€™s a step-by-step guide to exchanging currency in Hiroshima:

a. At Banks or Exchange Counters

  1. Prepare Your Documents: Bring your passport, as it is often required for identification when exchanging money.
  2. Check the Exchange Rate: Confirm the current exchange rate and any fees before proceeding.
  3. Fill Out a Form: You may need to complete a currency exchange form, which will ask for your name, passport number, and the amount you wish to exchange.
  4. Submit Your Currency: Hand over your foreign currency and the completed form to the teller.
  5. Receive Japanese Yen: The teller will count and hand over the exchanged amount in yen, along with a receipt.

b. At ATMs

  1. Insert Your Card: Use an international debit or credit card that supports yen withdrawals.
  2. Select Language: Choose your preferred language (English is available on most ATMs).
  3. Enter Amount: Input the amount of yen you wish to withdraw.
  4. Confirm Fees: Review and accept any fees displayed on the screen.
  5. Collect Cash: Take your yen and receipt from the ATM.

4. Cultural and Practical Considerations

When exchanging currency in Hiroshima, keep the following tips in mind:

a. Cash is King

  • Japan is still a largely cash-based society, especially in smaller cities and rural areas. While credit cards are accepted in many places in Hiroshima, having cash on hand is essential for public transportation, small restaurants, and local shops.

b. Clean and Undamaged Bills

  • Japanese banks and exchange counters may refuse foreign currency that is torn, heavily creased, or damaged. Ensure your bills are in good condition before attempting to exchange them.

c. Plan Ahead

  • Exchange your money during business hours, as banks and exchange counters have limited operating hours. If you arrive late in the evening, consider using an ATM or exchanging a small amount at the airport.

d. Avoid Peak Times

  • Banks and exchange counters can be busy during lunch hours (12:00 PMโ€“1:00 PM) and just before closing. Arrive early to avoid long waits.

e. Keep Receipts

  • Always keep the receipt from your currency exchange transaction. It may be required if you need to exchange yen back into your home currency when leaving Japan.

f. Use Small Denominations

  • When receiving yen, request smaller denominations (ยฅ1,000 or ยฅ5,000 bills) if possible. Many smaller businesses and vending machines may not accept larger bills like ยฅ10,000.

5. Additional Tips

  • Currency Exchange Apps: Use apps like XE Currency or OANDA to monitor exchange rates and calculate conversions in real time.
  • Emergency Funds: Keep a small amount of your home currency or a backup credit card in case of emergencies.
  • Language Barrier: While many exchange counters and ATMs offer English support, itโ€™s helpful to know basic Japanese phrases like โ€œryลgae o onegaishimasuโ€ (Iโ€™d like to exchange money, please).

By following this guide, youโ€™ll be well-prepared to exchange currency in Hiroshima efficiently and with confidence. If you have any further questions or need additional assistance, feel free to ask!