Best companies for JPY/MNT transfers
3 of 3 providers Last updated on 4 September 2026 This page updates weekly. We collect, store, and analyze JPY/MNT exchange rates from our comparisons. This page updates weekly. We collect, store, and analyze JPY/MNT exchange rates from our comparisons.
Based on 1,000,000 JPY transfer Best companies for JPY/MNT transfers All money transfer offers for JPY/MNT transfers, sorted by most MNT received. The first two offers may be sponsored promotions. Some offers here pay us a commission. All money transfer offers for JPY/MNT transfers, sorted by most MNT received. The first two offers may be sponsored promotions. Some offers here pay us a commission. Sort Cheapest
Promoted Wise Pay via Bank transfer	Fee ¥34,802.00 1 JPY = 23.0079 MNT +0.11% vs mid-market	Recipient gets ₮22,207,179.06 Within a week
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Mongolia with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT ¥34,802.001 JPY = 23.0079 MNT ₮22,207,179.06You pay¥1,000,000.00
Promoted Regency FX Pay via Bank transfer	Fee ¥0.00 1 JPY = 22.9702 MNT +0.27% vs mid-market	Recipient gets ₮22,970,164.65 Minutes - 24 hours
9 reviews Personal account managerReceive to bank accountProfessional, personal service
Ways to receive money in Mongolia with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 JPY = 22.9702 MNT ₮22,970,164.65You pay¥1,000,000.00
Run a live search Showing top Japan to Mongolia 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 MNT rates.
Run a live search These companies offer multi-currency accounts for spending MNT. We suggest doing a live search based on how much JPY you're planning to spend in Mongolia.
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 = 22.9702 MNT +0.27% vs mid-market	Recipient gets ₮22,970,164.65 Minutes - 24 hours
9 reviews CheapestUsing Bank transfer with Regency FX is the cheapest way to send money to Mongolia from Japan. Using Bank transfer with Regency FX is the cheapest way to send money to Mongolia from Japan. Personal account managerReceive to bank accountProfessional, personal service
Ways to receive money in Mongolia with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 JPY = 22.9702 MNT ₮22,970,164.65You pay¥1,000,000.00
Pricing based on Revolut Standard plan Revolut Pay via Bank transfer	Fee ¥3,500.00 1 JPY = 22.9820 MNT +0.22% vs mid-market	Recipient gets ₮22,901,535.72 Within minutes
10 reviews FastestRevolut with Bank transfer deposit is the fastest way to send JPY to Mongolia. Revolut with Bank transfer deposit is the fastest way to send JPY to Mongolia. Multi-currency cardReceive to bank account
Ways to receive money in Mongolia with Revolut when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutes ¥3,500.001 JPY = 22.9820 MNT ₮22,901,535.72You pay¥1,000,000.00
US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US / for details.
Wise Pay via Bank transfer	Fee ¥34,802.00 1 JPY = 23.0079 MNT +0.11% vs mid-market	Recipient gets ₮22,207,179.06 Within a week
25 reviews RecommendedBased on our editorial reviews, Wise is our recommended way to send money from Japan to Mongolia. Based on our editorial reviews, Wise is our recommended way to send money from Japan to Mongolia. Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Mongolia with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT ¥34,802.001 JPY = 23.0079 MNT ₮22,207,179.06You pay¥1,000,000.00
How Our Results Work Mid-market rate: 1 JPY = 23.032352 MNT Updates every 60 minutes.

Why compare

JPY/MNT exchange rate

Best ways to pay & receive

Transfer speed

Historic JPY/MNT options

How to send money from Japan to Mongolia

Pick a company

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

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

Ways to send money from Japan to Mongolia

3 companies send money from Japan to Mongolia.

Everyday transfers

Online transfers

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

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

Revolut is the cheapest option.

It charges ¥3500 to send 1,000,000 JPY and your recipient gets 22,901,535.72 MNT (after a ¥3500 fee and a 0.22% markup). The MNT will arrive in within minutes.

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 MNT for future payments.

Revolut lets you hold JPY and MNT in one account and swap between them as you need.

Converting ¥1,000,000 gets you 22,901,535.72 MNT, after 0.22% markup and ¥3500 fee.

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

Paying contractors

Global accounts

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

Wise Business and Payoneer offer great business accounts in Japan.

Ways to fund JPY and receive MNT in Mongolia

With Regency FX, paying by bank transfer and receiving through a bank deposit is the cheapest combination. Sending ¥1,000,000 gives your recipient 22,970,164.65 MNT.

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 MNT reaches the recipient.

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

1

Bank transfer Bank deposit

You pay ¥1,000,000.00

₮22,970,165

Cheapest

Consider this when sending JPY to Mongolia

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/MNT transfer options

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

Cheapest way to send money to Mongolia

The cheapest option is Regency FX, funded by bank transfer with bank deposit for the payout. Your recipient gets 22,970,164.65 MNT, which is 0.3% more than the next best option.

Fastest way to send money to Mongolia

The fastest option is Revolut. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 22,901,535.72 MNT 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 Mongolia.

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.

Live JPY-MNT Exchange Rate

Finding the best JPY to MNT exchange rate

The rate you secure decides how much MNT arrives for your JPY. Recent movement gives you a useful range to compare against today's quote.

Mid-market rate:1 JPY = 23.001128 MNT

How we analyse the market

We track 3 registered funds transfer companies sending JPY to Mongolia, 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.

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.

How to send money to Mongolia from Japan with the best JPY-MNT rate

Best companies for JPY/MNT transfers

Transfer details