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May 6, 2018
Thank you for all your help. I hope that I can give back to this chat-board one day instead of just asking nuanced questions.
My question are these:
1. Upon getting hired at a base in Japan how is the pay distributed? All of my credit card payments, utilities, services, rent, is on an automatic withdrawal system from my Japanese bank account, which I have maintained for the last 7 years. Will I be forced to have an American bank account, or can I retain my Japanese bank accounts and receive my pay by direct deposit in Yen? I am not sure how this works.
2. The pay is listed as 55,000 dollars a year. Depending on the strength or weakness of the dollar, do overseas Dodea employee salaries actually fluctuate from year to year? Or is it adjusted or inflated accordingly to keep in at 55,000 dollars(no matter if the dollar is strong or weak) without being a financial detriment to the overseas employee.
Thank You for your help
haha
I do not believe that they will direct deposit into a yen based account. You might need to ask for official clarification. The next option would be to have it deposited into an account at one of the banks/credit unions on base. You could potentially then transfer the money or use bill pay services, or withdraw it and then convert it into yen. You w...See More
Ida
I can't answer #1. You would get the direct deposit in US but I would think your bank would then convert to yen. But I can't say if you must have a US Bank. The same way credit cards are chanrged yen but on the statement it shows up in dollars.
#2. Your pay is in US dollars and does not change based on currency rates. We receive COLA/post...See More
#2. Your pay is in US dollars and does not change based on currency rates. We receive COLA/post...See More
HelpOthers
The only thing I would add is that your LQA fluctuates depending on the US$ to Japanese Yen rate, because rent and utilities are paid in Yen based on what the DoD has decided that average 2 weeks of pay Yen rate is.
I know someone who has a Japanese bank account and I believe she withdraws from the US bank to deposit in the Japanese bank. ...See More
I know someone who has a Japanese bank account and I believe she withdraws from the US bank to deposit in the Japanese bank. ...See More
haha
I had to ask about another subject so included this question in a query to the powers that be. The official answer (although not necessarily the definitive one) is that they "can only send payments to a bank that is US owned we cannot complete overseas transactions". So it would seem (although possibly other people have found ways around this) that...See More
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