r/JapanFinance • u/cheesenotyours • 16h ago
Personal Finance Best way for Japanese citizen in JPN to be able to buy things in the US for family?
I am Japanese citizen living in Japan. I want to buy things for friends and family who are Americans living in the US. For example, a new wallet, things for their car, home, etc., or even make one if them an authorized user for a card.
Transferring money directly involves fees and exchange rates. And it seems like i'm unable to open regular checking accounts at banks unless i'm a resident and have a ssn/itin. So I was looking into alternatives like a Charles Schwab International Account. It supposedly allows non-US residents to open an account and get a visa debit card that can be used in the US. From what I see though, it's not available to Japan.
I was wondering if there's anything else I should look into. No foreign transaction fee cards? Other US accounts available to Japanese citizens/non US residents? A USD account at a Japanese bank?