Currency Exchange

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referee
Beiträge: 188
Registriert: Do 4. Okt 2018, 15:24

Currency Exchange

Beitragvon referee » Do 13. Jun 2019, 15:26

Bank counters at Narita Airport offer foreign exchange services to convert major currencies (cash or travelers cheques) into yen. You can withdraw cash from ATM machines located in Narita Airport using cash cards with the PLUS or CIRRUS symbol.The 77 Bank has a counter on the ground floor of the Sendai Airport terminal building, where a foreign exchange service is available. Banks and post offices in Sendai also provide the same service, but some currencies may not be accepted.

stopwrinkles
Beiträge: 152
Registriert: So 28. Okt 2018, 15:31

Re: Currency Exchange

Beitragvon stopwrinkles » Do 13. Jun 2019, 15:26

referee hat geschrieben:Bank counters at Narita Airport offer foreign exchange services to convert major currencies (cash or travelers cheques) into yen. You can withdraw cash from ATM machines located in Narita Airport using cash cards with the PLUS or CIRRUS symbol.The 77 Bank has a counter on the ground floor of the Sendai Airport terminal building, where a foreign exchange service is available. Banks and post offices in Sendai also provide the same service, but some currencies may not be accepted.



Seven-Eleven convenience stores and post offices operate ATM machines that accept cash cards issued by foreign banks. Both have an extensive network throughout Japan, and their ATMs provide English guidance. The service hours of ATMs at post offices are limited, depending on the location. Seven-Eleven stores offer 24-hour service.

leedingcaterer
Beiträge: 132
Registriert: Mi 31. Okt 2018, 11:50

Re: Currency Exchange

Beitragvon leedingcaterer » Do 13. Jun 2019, 15:27

“Credit purchase” is popular here in Japan, but some, mostly small, restaurants and shops may not accept credit cards. Credit cards can also generally not be used to purchase tickets for public transportation or at other public facilities. currency converter Always bring cash with you for shopping and dining, just in case. Shops and restaurants generally do not accept checks.
Zuletzt geändert von leedingcaterer am Sa 15. Jun 2019, 11:11, insgesamt 1-mal geändert.

referee
Beiträge: 188
Registriert: Do 4. Okt 2018, 15:24

Re: Currency Exchange

Beitragvon referee » Do 13. Jun 2019, 15:27

leedingcaterer hat geschrieben:“Credit purchase” is popular here in Japan, but some, mostly small, restaurants and shops may not accept credit cards. Credit cards can also generally not be used to purchase tickets for public transportation or at other public facilities. Always bring cash with you for shopping and dining, just in case. Shops and restaurants generally do not accept checks.



Indeed, developing countries share some of the same problems and the corruption and counterfeiting problem is often worse. Simply replacing old notes with new ones does have a lot of beneficial effects similar to eliminating large notes. Anyone turning in large amounts of cash still becomes very vulnerable to legal and tax authorities. Indeed that is Modi’s idea.

stopwrinkles
Beiträge: 152
Registriert: So 28. Okt 2018, 15:31

Re: Currency Exchange

Beitragvon stopwrinkles » Do 13. Jun 2019, 15:27

And criminals have to worry that if the government has done this once, it can do it again, making large notes less desirable and less liquid. And replacing notes is also a good way to fight counterfeiting—as The Curse of Cash explains, it is a constant struggle for governments to stay ahead of counterfeiters, as for example in the case of the infamous North Korean $100 supernote.

leedingcaterer
Beiträge: 132
Registriert: Mi 31. Okt 2018, 11:50

Re: Currency Exchange

Beitragvon leedingcaterer » Do 13. Jun 2019, 15:28

stopwrinkles hat geschrieben:And criminals have to worry that if the government has done this once, it can do it again, making large notes less desirable and less liquid. And replacing notes is also a good way to fight counterfeiting—as The Curse of Cash explains, it is a constant struggle for governments to stay ahead of counterfeiters, as for example in the case of the infamous North Korean $100 supernote.



Will Modi’s plan work? Despite apparent huge holes in the planning (for example, the new notes India is printing are a different size and do not fit the ATM machines), many economists feel it could still have large positive effects in the long-run, shaking up the corruption, tax evasion, and crime that has long crippled the country. But the long-run gains depend on implementation, and it could take years to know how history will view this unprecedented move.


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