All You Need to Know About Currency in Japan

There are no restrictions on bringing foreign currency into or out of the country. However, if you are carrying more than JPY 1 million or its equivalent in any form of currency, not just cash, you must declare it when you arrive or leave Japan. This includes things like traveler’s checks, promissory notes, and securities. The purpose of this rule is to keep track of large amounts of money moving in and out of the country.

Cash is still the preferred payment method in many places in Japan. You’ll find that small shops, local restaurants, and some traditional markets often only accept cash. But in recent years, especially in major cities like Tokyo, Osaka, and Nagoya, cards are becoming more widely used.

Hotels in Japan generally accept major credit cards such as Visa, MasterCard, and American Express. This makes it convenient for travelers to book and pay for their stays. However, outside of major cities and popular tourist areas, credit cards may not be as widely accepted. Many small, family – run businesses in rural areas or less – visited towns might only take cash.

When it comes to ATMs, not all of them at banks and convenience stores will accept foreign cards. So, it’s a good idea to ask your bank before you travel if your cards will work in Japan. Post office ATMs and those in 7 – Eleven stores are more likely to accept international cards, but it’s still best to be prepared.

In conclusion, while Japan is gradually becoming more card – friendly, especially in big cities, cash is still king in many parts of the country. Travelers should make sure to carry some cash with them, be aware of the large – amount currency declaration rule, and check the usability of their cards before arriving in Japan. This way, you can have a smooth and hassle – free trip without any money – related worries.

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