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Buying a House in Japan

Dear Diary Series: The Struggles of Banking in Japan: A Foreigner's Journey

16 Aug 2024

Description

In this episode, Joey and Take dive into the challenges of setting up and managing a business bank account in Japan as foreigners. They share their frustrating experiences with Japanese banking technology, the complexities of accessing online banking, and the unexpected hurdles they encountered along the way. If you're considering doing business in Japan or just curious about the realities of Japanese banking, this candid discussion provides valuable insights and warnings. Tune in to hear their plans for overcoming these obstacles and their thoughts on finding better banking solutions in Japan.00:10 Introduction and Greetings00:23 Recap of Previous Episode00:33 Japan's Economic State01:21 Banking in Japan: An Overview01:51 Challenges of Opening a Personal Bank Account02:30 Setting Up a Business Bank Account06:27 The Struggles with Online Banking08:40 Comparing US and Japanese Banking10:02 Frustrations with SMBC18:32 Conclusion and Final Thoughts

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