How to withdraw yen from dollars using SBIsec

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rtaylor
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How to withdraw yen from dollars using SBIsec

Post by rtaylor »

Sorry if this is super obvious, but I recently sold some US shares from my NISA and now have $ in my account, how do I change this to yen to withdraw the cash?
Thanks in advance
Paulo
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Re: How to withdraw yen from dollars using SBIsec

Post by Paulo »

I've never withdrawn, only deposited, but looking at this page it would appear you need a Sumishin SBI Net Ginko account with foreign currencies that's linked to your SBI account.
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RetireJapan
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Re: How to withdraw yen from dollars using SBIsec

Post by RetireJapan »

I've never used SBI, but I think this section of the 出金 page might allow you to change dollars to yen?

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deepdishj
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Re: How to withdraw yen from dollars using SBIsec

Post by deepdishj »

It's too late now for this transaction obviously, but you do have the option of selling in yen or in dollars when you enter the order.
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adamu
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Re: How to withdraw yen from dollars using SBIsec

Post by adamu »

Best way if you have an SBI bank account is to send it to your bank account, and convert it in the bank for ¥0.03 per dollar fee.
If not, you can exchange it to Yen inside SBI Securities for ¥0.25 per dollar fee.

To send USD to your SBI Bank account: 入出金 → 外貨出金
To convert USD to JPY inside SBI Securities: 取引 → 外貨出金 → 売却

Note to self: add this to the wiki...
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