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Overall top choice: Wise
Of the 5 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.
Over the last six months, Wise appeared in 83.3% of searches for transfers between Japan and China.
When sending money from Japan to China, using Wise in a great option.
How to get the best deal on your Japan to China transfer
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to get an overall cost of exchange rates and fees when sending money from Japan to China.
- Choose a provider
Select the provider that offers you the best value & service for transfers between Japan and China.
- Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to China.
Summary of recent searches
Considerations ahead of sending money from Japan to China
A comparison of providers offering services between Japan and China, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.
We’ve compared 5 providers that provide services for sending Yen to China. This ensures you will get the best options for your transfer to China from Japan.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Japan to China.
Cheapest way to transfer money to China from Japan: Panda Remit
Of the 5 providers compared, data shows that Panda Remit is 3.3% cheaper than the second-best option.
The is cost is made up of an average JPY-CNY exchange rate that is 0.5% different to the mid-market rate and an average fee of 4* JPY.
If you want to secure the best rates on a JPY to China transfer, Panda Remit will result in the most Yuan Renminbi received.
*The most common fee applied to JPY-CNY by Panda Remit, based on data from the past six months.
Fastest way to transfer money to China from Japan: Wise.
Wise was the quickest way to send Yen to Yuan Renminbi in 63.6% of searches. For fast transfers between JPY and CNY, Wise comes highly recommended.
When using Wise to send money from Japan to China you can expect an average fee of 2,595.75 JPY. Although we would recommend comparing the amount you want to send.
When testing the 'fastest' options we compared 5 money transfer providers. To test overall speed of sending money from Japan to China we included the timeframe for depositing Yen to a money transfer account and average transfer times to China.
When sending money to China from Japan quickly is a priority, Wise is our recommended choice.
Transfer a large sum of money
From 5 money transfer companies compared, Wise is the best option for large transfers from Japan to China.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Japan to China can become expensive if you use a bank, or the wrong provider.
Wise is the top choice for sending large sums of money to China from Japan because they offer a strong service and competitive exchange rates.
Understanding the cost of sending money to China from Japan
The cost of sending money from China to China, is made-up of a combination of fees and exchange rates:
The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from JPY-CNY is 0.0497 CNY per Yen.
Finding a provider offering an exchange as close to 0.0497 as possible will ensure more Yuan Renminbi received when transferring.
For context, the JPY-CNY mid-market rate for the past three months has averaged 0.0462 CNY per Yen. This includes a high of 0.0485, and low of 0.0452.
Wise currently offers the best exchange rate on transfers from Japan to China.
For the most part the JPY-CNY exchange rate you receive is the biggest factor impacting the cost of sending JPY to China.
Fees: Outside of exchange rates, you may need to pay a fee to send. Panda Remit currently offers the lowest fees on transfers to China from Japan, averaging 4 JPY over the last 6 months. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Yuan Renminbi is the amount you started with, minus the amount you paid in the exchange and fees.
The better deal you get on exchanging Yens to CNY, paired with a low fee, means a higher total amount received in China.
How to find the best exchange rate for Yen to Yuan Renminbi
Timing is essential for sending money between JPY and CNY. The exchange rate you secure impacts how much CNY you get for your JPY.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from JPY to CNY has seen some fluctuation. On average, it stood at 0.0462.
During this period, the highest value recorded was 0.0485, while the lowest was 0.0452.
Wise, which is our recommended service to send money online from Japan to China offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best JPY-Yuan Renminbi exchange rates?
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Payment methods available to fund your Japan to China transfer
Bank transfers
Bank transfers are often the better option for money transfers from Japan to China.
Sending money via a bank transfer with a company such as Panda Remit for transfers from Japan to China allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Panda Remit is the best provider for bank transfers of the 5 we tested when sending JPY to China.
With an average fee of JPY4 to send money from Japan to China, Panda Remit offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Japan to China with a prepaid or a debit card is very simple with Wise.
Wise is a leader in card payments for transfers from Japan to China, competing among a total of 5 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from Japan to China, Instarem emerges as our top choice of the 5 companies offering this service.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between China and Japan.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Japan to China.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send JPY to CNY.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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