Post
Topic
Board Service Discussion
Re: MTGox Yen Withdrawal Thread. For Japan Residents.
by
severance26
on 22/02/2014, 11:44:23 UTC

Right now it appears that the best way to make deposits/withdrawal to/from mtgox is jnb.
Wondering if jnb works for remitting money to bitstamp.
Anyone has ever tried?

Cryptog arent you a Japanese resident?

You can't make international withdrawals with furikomi. As far as I know, they don't even do kokusaisoukin. JNB is literally on the net, they have almost no physical branches, I don't believe they offer intl tx.


Dang it. Well looks like I might have to live with Sepa then but will still keep looking into it. I was just at my bank yesterday and its 5 weeks by sepa with clockwork 20 days between withdraws for me at least. Many thanks for replys.

V, opening a bank account here isn't really an option. Some people will tell you its possible, but they are only technically correct and basically tooting their own horn about their knowledge of Japan. There are many obstacles to getting an account here. The easiest way is to simply be living here. I studied Japanese for 6 years... and now I can read the JNB website, but after 3 years of it in college, no, I definitely could not read that website haha. Either give up on Japan or make a bitfriend here. I'd say PM me, but none of us trusts the other, and it'd probably inconvenience me (unless you have a boatload and are willing to give me a couple hundred bucks for my inconvenience, haha).

Also, please count in business days. Here are Japanese banking holidays (weekends are also holiday). http://www.boj.or.jp/en/about/outline/holi.htm/
It makes the conversation about delays much easier once you count out the business days, I promise. As an example, my own experiences with Gox, using domestic transfer.

Jan 5- Jan 16 This was actually 8 business days. 14th was a holiday.
Jan 27- Feb 17th This is 14 business days.

Basically all transfers requested from the 6th onwards were 14 business days, mine submitted on the 5th was both earlier in the queue, and using JNB when most people didn't have a JNB account.
People count in weeks and you get all sorts of "delays". In the end, it all stacks up very reasonably.

But hell, if you are desperate, PM me if you want. I could use the little +1 below my username.