Best companies for JPY/CNY transfers
5 of 5 providers Last updated on 10 November 2026
Based on 1,000,000 JPY transfer Best companies for JPY/CNY transfers Sort Cheapest
Promoted Wise Pay via Bank transfer	Fee ¥13,033.00 1 JPY = 0.0422 CNY +0.04% vs mid-market	Recipient gets ¥41,671.03 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in China with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer ¥13,033.001 JPY = 0.0422 CNY ¥41,671.03You pay¥1,000,000.00
Promoted TorFx Pay via Bank transfer	Fee ¥0.00 1 JPY = 0.0421 CNY +0.30% vs mid-market	Recipient gets ¥42,111.29 Minutes - 24 hours
2 reviews Personal account managerReceive to bank accountIdeal for buying property abroad
Ways to receive money in China with TorFx when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 JPY = 0.0421 CNY ¥42,111.29You pay¥1,000,000.00
Run a live search Showing top Japan to China deals for 1,000,000 JPY. Do a live search with your exact amount for today's best rates.
Run a live search Showing companies that send from a business account. Run a business search to get live JPY to CNY rates.
Run a live search These companies offer multi-currency accounts for spending CNY. We suggest doing a live search based on how much JPY you're planning to spend in China.
Run a live search These are managed services with real human support for large JPY transfers. Click the link and update the transfer amount to get the best deal.
Exclusive: First Transfer Deal Regency FX Pay via Bank transfer	Fee ¥0.00 1 JPY = 0.0421 CNY +0.27% vs mid-market	Recipient gets ¥42,123.96 Minutes - 24 hours
9 reviews Cheapest Personal account managerReceive to bank accountProfessional, personal service
Ways to receive money in China with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 JPY = 0.0421 CNY ¥42,123.96You pay¥1,000,000.00
TorFx Pay via Bank transfer	Fee ¥0.00 1 JPY = 0.0421 CNY +0.30% vs mid-market	Recipient gets ¥42,111.29 Minutes - 24 hours
2 reviews Personal account managerReceive to bank accountIdeal for buying property abroad
Ways to receive money in China with TorFx when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 JPY = 0.0421 CNY ¥42,111.29You pay¥1,000,000.00
OFX Pay via Bank transfer	Fee ¥0.00 1 JPY = 0.0420 CNY +0.50% vs mid-market	Recipient gets ¥42,026.81 Minutes - 24 hours
7 reviews Personal account managerReceive to bank account
Ways to receive money in China with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 JPY = 0.0420 CNY ¥42,026.81You pay¥1,000,000.00
Wise Pay via Bank transfer	Fee ¥13,033.00 1 JPY = 0.0422 CNY +0.04% vs mid-market	Recipient gets ¥41,671.03 Within minutes
25 reviews FastestOur top pick Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in China with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer ¥13,033.001 JPY = 0.0422 CNY ¥41,671.03You pay¥1,000,000.00
Moneycorp Pay via Bank transfer	Fee ¥0.00 1 JPY = 0.0416 CNY +1.40% vs mid-market	Recipient gets ¥41,646.67 Minutes - 2 days
0 reviews
Ways to receive money in China with Moneycorp when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 2 days Free1 JPY = 0.0416 CNY ¥41,646.67You pay¥1,000,000.00
How Our Results Work Mid-market rate: 1 JPY = 0.0422 CNY Updates every 60 minutes.

Why compare

JPY/CNY exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Japan to China

Pick a company

We suggest starting with Regency FX since it's the cheapest option for sending ¥1,000,000.

Regency FX was the cheapest on 26 of the 26 days it quoted ¥1,000,000 transfers to China.

The best and cheapest options will change depending on the amount, so it's a good idea to to get the best JPY/CNY rate today.

Fund your transfer

You can fund your transfer from Japan via bank transfer.

A furikomi from your bank reaches the money transfer company account the same day.

You can also pay cash at a konbini terminal or an ATM for cash transfer.

Verify and send

When opening a new money transfer account, you'll need your residence card to register (tourists can't send money from Japan).

If you support family back home, ask about registering them as dependents, it may cut your income and resident tax (not tax advice).

Compare amounts

How much JPY are you sending to China?

How much JPY you send to China heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Regency FX was the cheapest in 100% of the transfers from ¥300,000 it quoted, and in 100% of all the transfers it quoted.


¥100,000	-0.60%	¥0.00	¥4,248.00with debit card to bank deposit	+¥97.20
¥300,000	-0.06%	¥0.00	¥12,675.00with bank transfer to bank deposit	+¥132.78
¥1,000,000This page	0.27%	¥0.00	¥42,123.96with bank transfer to bank deposit	+¥208.01

Mid-market rate: 1 JPY = 0.0422 CNY

JPY/CNY Exchange Rate History

Is today a good time to send money from Japan to China?

The cheapest way to send JPY to CNY can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Regency FX), across 30 days of comparisons for 1,000,000 JPY transfers to China.

Each line shows what the recipient gets when you send ¥1,000,000, after fees, as quoted by each company. The mid-market line shows what ¥1,000,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more CNY per JPY than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of CNY on every transfer from Japan.

Right now, Regency FX pays 42,123.96 CNY on 1,000,000 JPY, which is 114.04 CNY less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 42,458.05 CNY.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to China.

We've tracked 88 comparisons to check how often today's top companies were the cheapest across 3 amounts over the past month.

Regency FXAppeared in 26 comparisons
Cheapest every time
TorFxAppeared in 26 comparisons
Never the cheapest
OFXAppeared in 84 comparisons
Never the cheapest

Based on 88 comparisons across 3 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Regency FX is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Ways to send money from Japan to China

5 companies send money from Japan to China.

Everyday transfers

Online transfers

Online transfers to China are usually faster and cheaper than a traditional Japanese bank wire.

Depending on the service, you can deposit money via bank transfer (Suica and other IC cards won’t work).

Wise is the cheapest option.

It charges ¥13,033 to send 1,000,000 JPY and your recipient gets 41,671.03 CNY (after a 0.04% markup). The CNY will arrive in within minutes.

In our comparisons over the past month, it was the cheapest online service on 22 of the 30 days it quoted.

You will normally need your residence card to open an account.

Regular overseas spending

Multi-currency accounts

A multi-currency account lets you convert part of your yen and keep CNY for future payments.

Wise lets you hold JPY and CNY in one account and swap between them as you need.

Converting ¥1,000,000 gets you 41,671.03 CNY, after 0.04% markup and ¥13,033 fee.

Over the past month, Wise came out cheapest among multi-currency accounts on 100% of days.

This is convenient for receiving payments in JPY or CNY, or spending money when traveling to China.

Paying contractors

Global accounts

Global accounts help Japanese businesses make repeat payments to contractors and suppliers in China.

Wise Business and Payoneer offer great business accounts in Japan.

Ways to fund JPY and receive CNY in China

With Regency FX, paying by bank transfer and receiving through a bank deposit is the cheapest combination. Sending ¥1,000,000 gives your recipient 42,123.96 CNY.

You can fund the yen side by bank transfer.

Pay from a Japanese bank account

Transfer JPY using the account and reference provided by the money transfer company.

A domestic bank payment funds the transfer (usually very fast), but it does not determine how quickly CNY reaches the recipient.

For the payout, your recipient can use bank deposit in China.

1

Bank transfer Bank deposit

You pay ¥1,000,000.00

元42,124

Cheapest

Consider this when sending JPY to China

The weak yen makes the exchange-rate margin especially important. Foreign residents should also expect identity and purpose checks before the first overseas transfer.

Compare JPY/CNY transfer options

These are the leading options for a ¥1,000,000 transfer to China.

Cheapest way to send money to China

The cheapest option is Regency FX, funded by bank transfer with bank deposit for the payout. Your recipient gets 42,123.96 CNY, which is 0.03% more than the next best option.

Fastest way to send money to China

The fastest option is Wise. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 41,671.03 CNY in within minutes.

Have your residence details ready

Japanese banks and registered funds-transfer companies can ask for a residence card, address, My Number and the purpose of an overseas payment.

The exact documents depend on the money transfer company and transfer purpose.

The first payment may take longer while the account is being checked.

Keep the invoice or document explaining the payment ready if you are sending tuition, property money or a large personal transfer.

The Financial Services Agency advises foreign residents to use a licensed bank or Funds Transfer Service Provider.

You can’t use Suica for deposits

PayPay, Suica, IC cards, and a domestic furikomi are useful inside Japan, but they do not send JPY to China.

A large gift can create Japanese gift tax

Japan's annual basic gift-tax exemption is ¥1.1 million per recipient under the calendar-year system.

The recipient may need to file and pay tax when total gifts received during the year exceed that amount.

Residence and asset-location rules can make cross-border cases more complicated, so do not assume that receiving the money in an overseas account avoids Japanese tax.

Non-bank remittance balances are protected under the Payment Services Act, but they are not ordinary bank deposits, so avoid leaving more money there beyond what you need to send.

How we analyse the market

We track 5 registered funds transfer companies sending JPY to China, updated in real time on live searches.

With the yen weak, the exchange margin decides more than the fee does, so that's what we lead the comparison on, along with the ways to pay and collect.

In the past 30 days alone, we analysed 88 comparisons across 3 amounts.

This page covers the cheapest and fastest options for JPY/CNY transfers. This is how we pick them:

Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.
Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

Each goes through our review.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.

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Mon, Oct 12, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0423	–	¥42,258.00
Regency FX Cheapest	0.0421	¥0.00	¥42,143.90	−¥114.10
TorFx	0.0421	¥0.00	¥42,131.23	−¥126.77
OFX	0.0420	¥0.00	¥42,046.71	−¥211.29

Tue, Oct 13, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0423	–	¥42,313.00
Regency FX Cheapest	0.0422	¥0.00	¥42,198.75	−¥114.25
TorFx	0.0422	¥0.00	¥42,186.06	−¥126.94
OFX	0.0421	¥0.00	¥42,101.44	−¥211.56

Wed, Oct 14, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0423	–	¥42,296.00
Regency FX Cheapest	0.0422	¥0.00	¥42,181.80	−¥114.20
TorFx	0.0422	¥0.00	¥42,169.11	−¥126.89
OFX	0.0421	¥0.00	¥42,084.52	−¥211.48

Thu, Oct 15, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0424	–	¥42,372.00
Regency FX Cheapest	0.0423	¥0.00	¥42,257.60	−¥114.40
TorFx	0.0422	¥0.00	¥42,244.88	−¥127.12
OFX	0.0422	¥0.00	¥42,160.14	−¥211.86

Fri, Oct 16, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0424	–	¥42,372.00
Wise Cheapest	0.0424	¥13,032.00	¥41,799.97	−¥572.03
Regency FX No quote collected this day	–	–	–	–
TorFx No quote collected this day	–	–	–	–
OFX No quote collected this day	–	–	–	–

How to send money to China from Japan with the best JPY-CNY rate

Best companies for JPY/CNY transfers