FlyerTalk Forums - View Single Post - Options to withdraw JPY as cash from Wise?
Old Sep 12, 2023 | 8:08 pm
  #3  
lowkeyflyer
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Originally Posted by bmwe92fan
You can withdraw the cash at many convenience store ATM's -- but not all -- and I'm sure you know that the "free" withdrawal limits are really low -- like $200 / month - 2 transactions -- $100 each - otherwise you are paying an extra 1.5% - 2%... The Wise site has a list of the ATM's supported.

I learned something new -- I thought Wise only gave you the spot rate upon withdrawal -- I never realized I could use it as a currency hedging strategy -- that's a really risky strategy they are using....
In order to withdraw the cash at convenience store ATMs, would I have to get the Wise debit card?

What other alternatives are there besides Wise for this purpose? Just convert my USD to JPY here in the states first?
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