Change - Kaezene

Japanese: 替銭 - かえぜに

Also called "Kawashi." A method of remittance in the Kamakura and Muromachi periods. The beginning of foreign exchange occurred around the middle of the Kamakura period. In an era when it was extremely difficult to transport cash, it was used as a means of payment to distant places, such as when sending taxes from a distant manor to a manor lord in Kyoto, or when raising travel expenses for pilgrimages to shrines and temples, and in the Muromachi period, it was used as a means of settlement for commodity transactions. The bills were called saifu, and in areas with thriving commercial activities, cash was paid to a merchant called a kazeniya or warifuya, who would issue a saifu and send the money to the other party. There was no official guarantee, and it was established based on the mutual trust between merchants.

Source: Encyclopaedia Britannica Concise Encyclopedia About Encyclopaedia Britannica Concise Encyclopedia Information

Japanese:

「かわし」ともいう。鎌倉，室町時代における送金手段。鎌倉時代中期頃発生した為替の始り。現金輸送がきわめて困難な時代に，年貢などを遠隔地荘園から京都の荘園領主に送る場合や，社寺参詣の旅費を調達する場合などの遠隔地に対する支払手段として，さらに室町時代に入ると商品取引の決済手段として利用された。その手形を割符 (さいふ) と呼び，商業の盛んなところでは替銭屋，割符屋と称する業者に現金を払込み，割符を発行してもらい相手に送金した。公的な保証はなく，商人相互の信用関係によって成立していた。

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