Dear Diary Series: The Struggles of Banking in Japan: A Foreigner's Journey
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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 Greetings 00:23 Recap of Previous Episode 00:33 Japan's Economic State 01:21 Banking in Japan: An Overview 01:51 Challenges of Opening a Personal Bank Account 02:30 Setting Up a Business Bank Account 06:27 The Struggles with Online Banking 08:40 Comparing US and Japanese Banking 10:02 Frustrations with SMBC 18:32 Conclusion and Final Thoughts
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