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Monday, December 18, 2023

Effortless Cash Conversion: How to Deposit Coins at Japanese ATMs

Effortless Cash Conversion: How to Deposit Coins at Japanese ATMs

Do you have a pile of Japanese coins that you want to turn into bills? Don’t worry, it’s not a problem. As long as you have a Japanese bank account, you can easily deposit your coins at an ATM. In this blog, I will show you how to do it using two of the most popular Japanese banks: SMBC and Mizuho.


SMBC ATM

  • Handling time: You can only deposit coins on weekdays from 8:45 am to 6:00 pm at branches. You cannot deposit coins at ATMs outside the bank (unmanned).
  • Maximum number of deposits: You can deposit up to 100 coins at a time. For 500 yen coins, the limit is 75 coins. If you try to deposit more than the maximum, the machine will stop accepting coins. In that case, you have to deposit the remaining coins separately. There is no limit to how many times you can deposit coins.
  • Commission: There are no fees for depositing coins via ATMs.
  • Withdrawal: You cannot withdraw coins at unmanned ATMs outside the bank.

Mizuho Bank ATM

  • Handling time: You can only deposit coins on weekdays from 8:45 am to 6:00 pm (excluding January 1-3) at branches. You cannot deposit coins at ATMs outside the bank (unmanned).
  • Maximum number of deposits: You can deposit up to 100 coins at a time.
  • Commission: There are no fees for depositing coins via ATMs.
  • Precautions: Make sure the coins are clean and not stuck together, as this could cause problems. If you have more than 100 coins, it is better to split them into two batches to ensure the machine counts them correctly.
  • Alternative: You can also deposit coins at the bank counter, but be aware that there is a handling fee. Check the specific charges for each bank.


Watch the video

To see how I deposited coins at an ATM, watch this video:


Conclusion

Depositing coins at a Japanese ATM is a very convenient way to exchange your spare change for bills.

This simple process not only saves you the trouble of carrying heavy coins, but also improves your financial management.

Now you know how to get rid of your excess Japanese coins the easy way, give it a try and get cash for it!

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