Paying contractors
Global accounts
Global accounts help Japanese businesses make repeat payments to contractors and suppliers in Taiwan.
Wise Business and Payoneer offer great business accounts in Japan.
Of the 2 companies servicing JPY/TWD, Regency FX is the cheapest, and Regency FX is the fastest.
Sending ¥1,000,000 to Taiwan with Regency FX will get your recipient 202,299.31 TWD.
| 2 of 2 providers Last updated on 4 September 2026 This page updates weekly. We collect, store, and analyze JPY/TWD exchange rates from our comparisons. | |||
| Based on 1,000,000 JPY transfer Best companies for JPY/TWD transfersAll money transfer offers for JPY/TWD transfers, sorted by most TWD received. The first two offers may be sponsored promotions. Some offers here pay us a commission. | |||
| Promoted Regency FX Pay via Bank transfer | Fee ¥0.00 1 JPY = 0.2023 TWD +0.27% vs mid-market | Recipient gets $202,299.31 Minutes - 24 hours | |
Ways to receive money in Taiwan with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 JPY = 0.2023 TWD $202,299.31You pay¥1,000,000.00 | |||
| Promoted OFX Pay via Bank transfer | Fee ¥0.00 1 JPY = 0.2018 TWD +0.50% vs mid-market | Recipient gets $201,832.76 Minutes - 24 hours | |
Ways to receive money in Taiwan with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 JPY = 0.2018 TWD $201,832.76You pay¥1,000,000.00 | |||
Run a live search Showing top Japan to Taiwan 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 TWD rates. | |||
Run a live search These companies offer multi-currency accounts for spending TWD. We suggest doing a live search based on how much JPY you're planning to spend in Taiwan. | |||
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 = 0.2023 TWD +0.27% vs mid-market | Recipient gets $202,299.31 Minutes - 24 hours | |
Ways to receive money in Taiwan with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 JPY = 0.2023 TWD $202,299.31You pay¥1,000,000.00 | |||
| OFX Pay via Bank transfer | Fee ¥0.00 1 JPY = 0.2018 TWD +0.50% vs mid-market | Recipient gets $201,832.76 Minutes - 24 hours | |
Ways to receive money in Taiwan with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 JPY = 0.2018 TWD $201,832.76You pay¥1,000,000.00 | |||
| How Our Results Work Mid-market rate: 1 JPY = 0.202847 TWD Updates every 60 minutes. | |||
Transfer details
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/TWD rate today.
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.
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).
2 companies send money from Japan to Taiwan.
Paying contractors
Global accounts help Japanese businesses make repeat payments to contractors and suppliers in Taiwan.
Wise Business and Payoneer offer great business accounts in Japan.
With Regency FX, paying by bank transfer and receiving through a bank deposit is the cheapest combination. Sending ¥1,000,000 gives your recipient 202,299.31 TWD.
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 TWD reaches the recipient.
For the payout, your recipient can use bank deposit in Taiwan.
You pay ¥1,000,000.00
NT$202,299
Cheapest
The weak yen makes the exchange-rate margin especially important. Foreign residents should also expect identity and purpose checks before the first overseas transfer.
These are the leading options for a ¥1,000,000 transfer to Taiwan.
Cheapest way to send money to Taiwan
The cheapest option is Regency FX, funded by bank transfer with bank deposit for the payout. Your recipient gets 202,299.31 TWD, which is 0.23% more than the next best option.
Fastest way to send money to Taiwan
The fastest option is Regency FX. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 202,299.31 TWD in minutes - 24 hours.
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.
PayPay, Suica, IC cards, and a domestic furikomi are useful inside Japan, but they do not send JPY to Taiwan.
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.
The rate you secure decides how much TWD arrives for your JPY. Recent movement gives you a useful range to compare against today's quote.
Mid-market rate:1 JPY = 0.20262 TWD
We track 2 registered funds transfer companies sending JPY to Taiwan, 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.

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