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Japanese pensioners with US stimulus cheques descend on Tokyo banks

Surge of retirees trying to cash direct payments causes ‘crowding and confusion’

Bank branches in Tokyo have been swamped by pensioners trying to cash stimulus cheques from Joe Biden after the US Internal Revenue Service sent thousands of payments to Japanese citizens in an apparent error.

An official at one of Japan’s biggest banks said the issue was causing “crowding and confusion” at some Tokyo area branches as staff tried to handle the unfamiliar foreign currency cheques.

The payments appeared to have been sent to Japanese retirees who had worked in the US, highlighting the enormous scale of Biden’s $1.9tn stimulus and the risk of waste in the rush to get money out of the door.

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