Best companies for JPY/EUR transfers
9 of 9 providers Last updated on 10 November 2026
Based on 1,000,000 JPY transfer Best companies for JPY/EUR transfers Sort Cheapest
Promoted Wise Pay via Bank transfer	Fee ¥7,134.00 1 JPY = 0.0056 EUR 0.00% vs mid-market	Recipient gets €5,597.24 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Spain with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer ¥7,134.001 JPY = 0.0056 EUR €5,597.24You pay¥1,000,000.00
Promoted Xe Pay via Bank transfer	Fee ¥0.00 1 JPY = 0.0056 EUR +0.49% vs mid-market	Recipient gets €5,610.00 Minutes - 24 hours
4 reviews Personal account managerReceive to bank accountDedicated support for larger transactions
Ways to receive money in Spain with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 JPY = 0.0056 EUR €5,610.00You pay¥1,000,000.00
Run a live search Showing top Japan to Spain 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 EUR rates.
Run a live search These companies offer multi-currency accounts for spending EUR. We suggest doing a live search based on how much JPY you're planning to spend in Spain.
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: Special Rate for 1st Transfer Key Currency Pay via Bank transfer	Fee ¥0.00 1 JPY = 0.0056 EUR +0.25% vs mid-market	Recipient gets €5,623.49 Minutes - 3 days
4 reviews Cheapest Personal account managerReceive to bank account
Ways to receive money in Spain with Key Currency when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days Free1 JPY = 0.0056 EUR €5,623.49You pay¥1,000,000.00
Exclusive: First Transfer Deal Regency FX Pay via Bank transfer	Fee ¥0.00 1 JPY = 0.0056 EUR +0.27% vs mid-market	Recipient gets €5,622.36 Minutes - 24 hours
9 reviews Personal account managerReceive to bank accountProfessional, personal service
Ways to receive money in Spain with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 JPY = 0.0056 EUR €5,622.36You pay¥1,000,000.00
TorFx Pay via Bank transfer	Fee ¥0.00 1 JPY = 0.0056 EUR +0.30% vs mid-market	Recipient gets €5,620.67 Minutes - 24 hours
2 reviews Personal account managerReceive to bank accountIdeal for buying property abroad
Ways to receive money in Spain with TorFx when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 JPY = 0.0056 EUR €5,620.67You pay¥1,000,000.00
Xe Pay via Bank transfer	Fee ¥0.00 1 JPY = 0.0056 EUR +0.49% vs mid-market	Recipient gets €5,610.00 Minutes - 24 hours
4 reviews Personal account managerReceive to bank accountDedicated support for larger transactions
Ways to receive money in Spain with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 JPY = 0.0056 EUR €5,610.00You pay¥1,000,000.00
OFX Pay via Bank transfer	Fee ¥0.00 1 JPY = 0.0056 EUR +0.50% vs mid-market	Recipient gets €5,609.40 Minutes - 24 hours
7 reviews Personal account managerReceive to bank account
Ways to receive money in Spain with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 JPY = 0.0056 EUR €5,609.40You pay¥1,000,000.00
Pricing based on Revolut Standard plan Revolut Pay via Bank transfer	Fee ¥3,500.00 1 JPY = 0.0056 EUR +0.21% vs mid-market	Recipient gets €5,606.07 Within minutes
10 reviews Fastest Multi-currency cardReceive to bank account
Ways to receive money in Spain with Revolut when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutes ¥3,500.001 JPY = 0.0056 EUR €5,606.07You 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.
Currencies Direct Pay via Bank transfer	Fee ¥0.00 1 JPY = 0.0056 EUR +0.56% vs mid-market	Recipient gets €5,606.00 Minutes - 24 hours
3 reviews Personal account managerMulti-currency cardReceive to bank account
Ways to receive money in Spain with Currencies Direct when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 JPY = 0.0056 EUR €5,606.00You pay¥1,000,000.00
Wise Pay via Bank transfer	Fee ¥7,134.00 1 JPY = 0.0056 EUR 0.00% vs mid-market	Recipient gets €5,597.24 Within minutes
25 reviews Our top pick Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Spain with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer ¥7,134.001 JPY = 0.0056 EUR €5,597.24You pay¥1,000,000.00
Moneycorp Pay via Bank transfer	Fee ¥0.00 1 JPY = 0.0056 EUR +1.40% vs mid-market	Recipient gets €5,558.66 Minutes - 2 days
0 reviews
Ways to receive money in Spain with Moneycorp when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 2 days Free1 JPY = 0.0056 EUR €5,558.66You pay¥1,000,000.00
How Our Results Work Mid-market rate: 1 JPY = 0.0056 EUR Updates every 60 minutes.

Why compare

JPY/EUR exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Japan to Spain

Pick a company

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

Key Currency was the cheapest on 23 of the 25 days it quoted ¥1,000,000 transfers to Spain.

The best and cheapest options will change depending on the amount, so it's a good idea to to get the best JPY/EUR 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 Spain?

How much JPY you send to Spain 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 Key Currency was the cheapest in 92% of the transfers from ¥300,000 it quoted, and in 92% of all the transfers it quoted.


¥100,000	-0.09%	¥0.00	€564.00with debit card to bank deposit	+€7.84
¥300,000	0.21%	¥0.00	€1,686.74with bank transfer to bank deposit	+€12.48
¥1,000,000This page	0.25%	¥0.00	€5,623.49with bank transfer to bank deposit	+€17.50

Mid-market rate: 1 JPY = 0.0056 EUR

JPY/EUR Exchange Rate History

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

The cheapest way to send JPY to EUR 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 Key Currency), across 30 days of comparisons for 1,000,000 JPY transfers to Spain.

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 EUR 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 EUR on every transfer from Japan.

Right now, Key Currency pays 5,623.49 EUR on 1,000,000 JPY, which is 14.10 EUR less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 5,682.69 EUR.

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 Spain.

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

Key CurrencyAppeared in 25 comparisons
Cheapest in 92% of them
Regency FXAppeared in 25 comparisons
Never the cheapest
TorFxAppeared in 25 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 Key Currency 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 Spain

9 companies send money from Japan to Spain.

Everyday transfers

Online transfers

Online transfers to Spain 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).

Xe is the cheapest option.

It charges ¥0 to send 1,000,000 JPY and your recipient gets 5,610 EUR (after a 0.49% markup). The EUR will arrive in minutes - 24 hours.

In our comparisons over the past month, it was the cheapest online service on 5 of the 29 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 EUR for future payments.

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

Converting ¥1,000,000 gets you 5,606.07 EUR, after 0.21% markup and ¥3,500 fee.

Over the past month, Revolut came out cheapest among multi-currency accounts on 14% of days.

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

Paying contractors

Global accounts

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

Wise Business and Payoneer offer great business accounts in Japan.

Ways to fund JPY and receive EUR in Spain

With Key Currency, paying by bank transfer and receiving through a bank deposit is the cheapest combination. Sending ¥1,000,000 gives your recipient 5,623.49 EUR.

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 EUR reaches the recipient.

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

1

Bank transfer Bank deposit

You pay ¥1,000,000.00

€5,623

Cheapest

Consider this when sending JPY to Spain

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/EUR transfer options

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

Cheapest way to send money to Spain

The cheapest option is Key Currency, funded by bank transfer with bank deposit for the payout. Your recipient gets 5,623.49 EUR, which is 0.02% more than the next best option.

Fastest way to send money to Spain

The fastest option is Revolut. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 5,606.07 EUR 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 Spain.

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 9 registered funds transfer companies sending JPY to Spain, 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/EUR 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.

Send money to Spain

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Tue, Oct 13, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0057	–	€5,654.07
Key Currency Cheapest	0.0056	¥0.00	€5,639.94	−€14.13
Regency FX	0.0056	¥0.00	€5,638.81	−€15.26
TorFx	0.0056	¥0.00	€5,637.11	−€16.96

Fri, Oct 16, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0056	–	€5,635.63
Wise Cheapest	0.0056	¥7,134.00	€5,594.40	−€41.23
Key Currency No quote collected this day	–	–	–	–
Regency FX No quote collected this day	–	–	–	–
TorFx No quote collected this day	–	–	–	–

Sun, Oct 18, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	–	–	–
Currencies Direct Cheapest	0.0056	¥0.00	€5,600.00	–
Key Currency No quote collected this day	–	–	–	–
Regency FX No quote collected this day	–	–	–	–
TorFx No quote collected this day	–	–	–	–

Mon, Oct 19, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	–	–	–
Currencies Direct Cheapest	0.0056	¥0.00	€5,610.00	–
Key Currency No quote collected this day	–	–	–	–
Regency FX No quote collected this day	–	–	–	–
TorFx No quote collected this day	–	–	–	–

Thu, Oct 22, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0057	–	€5,662.07
Key Currency Cheapest	0.0056	¥0.00	€5,647.91	−€14.16
Regency FX	0.0056	¥0.00	€5,646.78	−€15.29
TorFx	0.0056	¥0.00	€5,645.08	−€16.99

How to send money to Spain from Japan with the best JPY-EUR rate

Best companies for JPY/EUR transfers