Want to send money abroad but hate having to waste time at a bank branch or are a bit confused about how to do it? If so, Lloyds Bank has the perfect solution for you. Their well-established GoLloyds Overseas Remittance Service allows you to send money overseas in a quick, simple and inexpensive way without ever setting foot in a bank branch!
GoLloyds provides good value and excellent service. With GoLloyds there is no need to spend your lunch break queuing and filling out forms. You just use your bank card at the ATM or login to your net-bank account, enter some details and away the money goes. Transferred money will normally enter the recipient’s account in 1-3 working days.*In addition, their friendly customer service hotline, brochures, website and application process is available both in English and Japanese.
Sounds too good to be true?
Not really – GoLloyds only charges ¥2,000 per remittance**, regardless of the amount sent. They also offer very competitive exchange rates on major currencies. See for yourself on their website, https://www.golloyds.com. Rates are updated daily around 10am.
How to join.
It’s easy to get started using this three-step guide:
Step 1: Register for free. Fill out an online application form and post it with copies of two pieces of ID (a list of acceptable forms of ID can be found here)
Step 2: A Welcome Pack complete with clear instructions will arrive in a few days. You are now ready to send money abroad!
Step 3: Just make a Yen domestic transfer (called “furikomi”) following the instructions in the Welcome Pack and that’s it. GoLloyds will take care of the rest– they will convert the Yen into your foreign currency of choice and quickly send it abroad.
If you need to send money abroad regularly, GoLloyds has to be one of the easiest, cheapest and most convenient services available to foreigners residing in Japan!
* Transfers may take longer to process due to screening procedures in order to comply with the ‘Act on Prevention of Transfers of Criminal Proceeds’ (March 2008), as well as operational procedures at the receiving bank overseas.
** Other charges may be applied by your bank, intermediary bank and/or the recipient’s bank.