How to send money to Japan from Singapore with the best SGD-JPY rate

Revolut is the fastest way to send money to Japan from Singapore right now, with delivery in same day. Key Currency is cheapest overall, paying out 1,233,532.30 JPY for a S$10,000 transfer.

Best companies for SGD/JPY transfers

9 of 9 providers

Last updated on 10 November 2026

Based on 10,000 SGD transfer

Best companies for SGD/JPY transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee $29.38 1 SGD = 123.6530 JPY +0.01% vs mid-market Recipient gets ¥1,232,897.00 Within 3 hours
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Japan with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin 3 hoursAvailable via:Bank Transfer
$29.381 SGD = 123.6530 JPY
¥1,232,897.00You pay$10,000.00
Promoted

Xe

Pay via Bank transfer
Fee $0.00 1 SGD = 123.2526 JPY +0.33% vs mid-market Recipient gets ¥1,232,525.90 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Japan with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 SGD = 123.2526 JPY
¥1,232,525.90You pay$10,000.00

Run a live search

Showing top Singapore to Japan deals for 10,000 SGD. Do a live search with your exact amount for today's best rates.
Exclusive: Special Rate for 1st Transfer

Key Currency

Pay via Bank transfer
Fee $0.00 1 SGD = 123.3532 JPY +0.25% vs mid-market Recipient gets ¥1,233,532.30 Minutes - 3 days
Cheapest
Personal account managerReceive to bank account

Ways to receive money in Japan with Key Currency when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
Free1 SGD = 123.3532 JPY
¥1,233,532.30You pay$10,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee $0.00 1 SGD = 123.3285 JPY +0.27% vs mid-market Recipient gets ¥1,233,284.98 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Japan with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 SGD = 123.3285 JPY
¥1,233,284.98You pay$10,000.00

TorFx

Pay via Bank transfer
Fee $0.00 1 SGD = 123.2914 JPY +0.30% vs mid-market Recipient gets ¥1,232,913.99 Minutes - 24 hours
Personal account managerReceive to bank accountIdeal for buying property abroad

Ways to receive money in Japan with TorFx when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 SGD = 123.2914 JPY
¥1,232,913.99You pay$10,000.00

Wise

Pay via Bank transfer
Fee $29.38 1 SGD = 123.6530 JPY +0.01% vs mid-market Recipient gets ¥1,232,897.00 Within 3 hours
Our top pick
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Japan with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin 3 hoursAvailable via:Bank Transfer
$29.381 SGD = 123.6530 JPY
¥1,232,897.00You pay$10,000.00

Wise

Pay via PayNow
Fee $29.38 1 SGD = 123.6530 JPY +0.01% vs mid-market Recipient gets ¥1,232,897.00 Within 3 hours
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Japan with Wise when paying by paynow.

MethodFee & ratesRecipient gets
Bank depositWithin 3 hoursAvailable via:Bank Transfer
$29.381 SGD = 123.6530 JPY
¥1,232,897.00You pay$10,000.00

Xe

Pay via Bank transfer
Fee $0.00 1 SGD = 123.2526 JPY +0.33% vs mid-market Recipient gets ¥1,232,525.90 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Japan with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 SGD = 123.2526 JPY
¥1,232,525.90You pay$10,000.00

OFX

Pay via Bank transfer
Fee $0.00 1 SGD = 123.0441 JPY +0.50% vs mid-market Recipient gets ¥1,230,440.74 Minutes - 24 hours
Personal account managerReceive to bank account

Ways to receive money in Japan with OFX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 SGD = 123.0441 JPY
¥1,230,440.74You pay$10,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee $51.60 1 SGD = 123.6551 JPY +0.01% vs mid-market Recipient gets ¥1,230,170.00 Within 3 hours
Fastest
Multi-currency cardReceive to bank account

Ways to receive money in Japan with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin 3 hours
$51.601 SGD = 123.6551 JPY
¥1,230,170.00You pay$10,000.00

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 SGD = 122.9791 JPY +0.55% vs mid-market Recipient gets ¥1,229,791.00 Minutes - 24 hours
Personal account managerMulti-currency cardReceive to bank account

Ways to receive money in Japan with Currencies Direct when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 SGD = 122.9791 JPY
¥1,229,791.00You pay$10,000.00

Moneycorp

Pay via Bank transfer
Fee $0.00 1 SGD = 121.9311 JPY +1.40% vs mid-market Recipient gets ¥1,219,311.13 Minutes - 2 days

Ways to receive money in Japan with Moneycorp when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 SGD = 121.9311 JPY
¥1,219,311.13You pay$10,000.00

Wise

Pay via Debit card
Fee $485.77 1 SGD = 123.6530 JPY +0.01% vs mid-market Recipient gets ¥1,176,463.00 Within 3 hours
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Japan with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin 3 hoursAvailable via:Bank Transfer
$485.771 SGD = 123.6530 JPY
¥1,176,463.00You pay$10,000.00
How Our Results Work
Mid-market rate: 1 SGD = 123.6624 JPY Updates every 60 minutes.

How to send money from Singapore to Japan

Pick a company

I suggest starting with Key Currency which is the cheapest option for sending S$10,000.

Key Currency was the cheapest on 24 of the 28 days it quoted S$10,000 transfers to Japan.

Fund your transfer

There are 3 methods to fund the transfer from Singapore, including bank transfer, PayNow, and debit card.

Where possible, use PayNow to fund your account, it is usually free and takes seconds.

Verify and send

Before you can send money to Japan, you'll need to verify your account using Singpass, or a passport and pass if you're not a resident.

Compare amounts

How much SGD are you sending to Japan?

How much SGD you send to Japan 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 86% of the transfers from S$5,000 it quoted, and in 86% of all the transfers it quoted.

Cheapest service
$1,0000.00%$1.60¥123,517.00with bank transfer to bank deposit+¥3,441.94
$5,0000.01%$1.60¥618,094.00with bank transfer to bank deposit+¥18,179.50
$10,000This page0.25%$0.00¥1,233,532.30with bank transfer to bank deposit+¥7,693.48

Mid-market rate: 1 SGD = 123.6624 JPY

SGD/JPY Exchange Rate History

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

The cheapest way to send SGD to JPY 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 10,000 SGD transfers to Japan.

JPY received for $10,000, after fees

Tue, 10 Nov 2026Mid-market rate¥1,236,623.86 Key Currency ¥1,233,532.30Key Currency¥1,233,532.30Regency FX¥1,233,284.98TorFx¥1,232,913.99

1.220M
1.225M
1.230M
1.235M
1.240M
1.245M
At the mid-market rateWith the cheapest optionKey CurrencyRegency FXTorFx
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.8070 – ¥1,238,070.15
Key Currency Cheapest 123.4975 $0.00 ¥1,234,974.97 −¥3,095.18
Regency FX 123.4727 $0.00 ¥1,234,727.36 −¥3,342.79
TorFx 123.4356 $0.00 ¥1,234,355.94 −¥3,714.21
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.4821 – ¥1,234,821.47
Key Currency Cheapest 123.1734 $0.00 ¥1,231,734.42 −¥3,087.05
Regency FX 123.1487 $0.00 ¥1,231,487.45 −¥3,334.02
TorFx 123.1117 $0.00 ¥1,231,117.01 −¥3,704.46
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.4128 – ¥1,234,128.17
Key Currency Cheapest 123.1043 $0.00 ¥1,231,042.85 −¥3,085.32
Regency FX 123.0796 $0.00 ¥1,230,796.02 −¥3,332.15
TorFx 123.0426 $0.00 ¥1,230,425.79 −¥3,702.38
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.0853 – ¥1,230,852.88
Key Currency Cheapest 122.7776 $0.00 ¥1,227,775.75 −¥3,077.13
Regency FX 122.7530 $0.00 ¥1,227,529.58 −¥3,323.30
TorFx 122.7160 $0.00 ¥1,227,160.32 −¥3,692.56
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.4186 – ¥1,234,186.10
Key Currency Cheapest 123.1101 $0.00 ¥1,231,100.63 −¥3,085.47
Regency FX 123.0854 $0.00 ¥1,230,853.80 −¥3,332.30
TorFx 123.0484 $0.00 ¥1,230,483.54 −¥3,702.56
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.2467 – ¥1,232,466.73
Wise Cheapest 123.4670 $29.38 ¥1,231,043.00 −¥1,423.73
Key Currency 122.9386 $0.00 ¥1,229,385.56 −¥3,081.17
Regency FX 122.9139 $0.00 ¥1,229,139.07 −¥3,327.66
TorFx 122.8769 $0.00 ¥1,228,769.33 −¥3,697.40
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.2467 – ¥1,232,466.73
Wise Cheapest 123.4670 $29.38 ¥1,231,043.00 −¥1,423.73
Key Currency 122.9386 $0.00 ¥1,229,385.56 −¥3,081.17
Regency FX 122.9139 $0.00 ¥1,229,139.07 −¥3,327.66
TorFx 122.8769 $0.00 ¥1,228,769.33 −¥3,697.40
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.5467 – ¥1,235,467.02
Key Currency Cheapest 123.2378 $0.00 ¥1,232,378.35 −¥3,088.67
Regency FX 123.2131 $0.00 ¥1,232,131.26 −¥3,335.76
TorFx 123.1761 $0.00 ¥1,231,760.62 −¥3,706.40
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.7563 – ¥1,237,563.32
Key Currency Cheapest 123.4469 $0.00 ¥1,234,469.41 −¥3,093.91
Regency FX 123.4222 $0.00 ¥1,234,221.90 −¥3,341.42
TorFx 123.3851 $0.00 ¥1,233,850.63 −¥3,712.69
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.7522 – ¥1,237,521.93
Key Currency Cheapest 123.4428 $0.00 ¥1,234,428.13 −¥3,093.80
Regency FX 123.4181 $0.00 ¥1,234,180.62 −¥3,341.31
TorFx 123.3809 $0.00 ¥1,233,809.36 −¥3,712.57
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 123.0040 $29.38 ¥1,226,426.00 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 122.7203 – ¥1,227,203.23
Key Currency Cheapest 122.4135 $0.00 ¥1,224,135.22 −¥3,068.01
Regency FX 122.3890 $0.00 ¥1,223,889.78 −¥3,313.45
TorFx 122.3522 $0.00 ¥1,223,521.62 −¥3,681.61
Exchange rateFeeRecipient getsDifference
Mid-market rate 122.8443 – ¥1,228,443.16
Key Currency Cheapest 122.5372 $0.00 ¥1,225,372.05 −¥3,071.11
Regency FX 122.5126 $0.00 ¥1,225,126.36 −¥3,316.80
TorFx 122.4758 $0.00 ¥1,224,757.83 −¥3,685.33
Exchange rateFeeRecipient getsDifference
Mid-market rate 122.8443 – ¥1,228,443.16
Key Currency Cheapest 122.5372 $0.00 ¥1,225,372.05 −¥3,071.11
Regency FX 122.5126 $0.00 ¥1,225,126.36 −¥3,316.80
TorFx 122.4758 $0.00 ¥1,224,757.83 −¥3,685.33
Exchange rateFeeRecipient getsDifference
Mid-market rate 122.8604 – ¥1,228,604.07
Key Currency Cheapest 122.5533 $0.00 ¥1,225,532.56 −¥3,071.51
Regency FX 122.5287 $0.00 ¥1,225,286.84 −¥3,317.23
TorFx 122.4918 $0.00 ¥1,224,918.26 −¥3,685.81
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.1005 – ¥1,231,005.19
Key Currency Cheapest 122.7928 $0.00 ¥1,227,927.68 −¥3,077.51
Regency FX 122.7681 $0.00 ¥1,227,681.48 −¥3,323.71
TorFx 122.7312 $0.00 ¥1,227,312.17 −¥3,693.02
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.0192 – ¥1,230,191.65
Key Currency Cheapest 122.7116 $0.00 ¥1,227,116.17 −¥3,075.48
Regency FX 122.6870 $0.00 ¥1,226,870.13 −¥3,321.52
TorFx 122.6501 $0.00 ¥1,226,501.08 −¥3,690.57
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.2219 – ¥1,232,219.34
Key Currency Cheapest 122.9139 $0.00 ¥1,229,138.79 −¥3,080.55
Regency FX 122.8892 $0.00 ¥1,228,892.35 −¥3,326.99
TorFx 122.8523 $0.00 ¥1,228,522.68 −¥3,696.66
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.3100 – ¥1,233,100.00
Key Currency Cheapest 123.0017 $0.00 ¥1,230,017.25 −¥3,082.75
Regency FX 122.9771 $0.00 ¥1,229,770.63 −¥3,329.37
TorFx 122.9401 $0.00 ¥1,229,400.70 −¥3,699.30
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.2108 – ¥1,232,108.42
Wise Cheapest 123.2960 $29.38 ¥1,229,338.00 −¥2,770.42
Key Currency 122.9028 $0.00 ¥1,229,028.15 −¥3,080.27
Regency FX 122.8782 $0.00 ¥1,228,781.73 −¥3,326.69
TorFx 122.8412 $0.00 ¥1,228,412.09 −¥3,696.33
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.2108 – ¥1,232,108.42
Wise Cheapest 123.2960 $29.38 ¥1,229,338.00 −¥2,770.42
Key Currency 122.9028 $0.00 ¥1,229,028.15 −¥3,080.27
Regency FX 122.8782 $0.00 ¥1,228,781.73 −¥3,326.69
TorFx 122.8412 $0.00 ¥1,228,412.09 −¥3,696.33
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.3341 – ¥1,233,340.73
Wise Cheapest 123.3520 $29.38 ¥1,229,896.00 −¥3,444.73
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.3718 – ¥1,233,717.55
Key Currency Cheapest 123.0633 $0.00 ¥1,230,633.26 −¥3,084.29
Regency FX 123.0387 $0.00 ¥1,230,386.51 −¥3,331.04
TorFx 123.0016 $0.00 ¥1,230,016.40 −¥3,701.15
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.6580 – ¥1,236,579.73
Key Currency Cheapest 123.3488 $0.00 ¥1,233,488.28 −¥3,091.45
Regency FX 123.3241 $0.00 ¥1,233,240.96 −¥3,338.77
TorFx 123.2870 $0.00 ¥1,232,869.99 −¥3,709.74
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.9344 – ¥1,239,344.43
Key Currency Cheapest 123.6246 $0.00 ¥1,236,246.07 −¥3,098.36
Regency FX 123.5998 $0.00 ¥1,235,998.20 −¥3,346.23
TorFx 123.5626 $0.00 ¥1,235,626.40 −¥3,718.03
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.2803 – ¥1,232,802.93
Key Currency Cheapest 122.9721 $0.00 ¥1,229,720.92 −¥3,082.01
Regency FX 122.9474 $0.00 ¥1,229,474.36 −¥3,328.57
TorFx 122.9105 $0.00 ¥1,229,104.52 −¥3,698.41
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.5807 – ¥1,235,806.63
Key Currency Cheapest 123.2717 $0.00 ¥1,232,717.11 −¥3,089.52
Regency FX 123.2470 $0.00 ¥1,232,469.95 −¥3,336.68
TorFx 123.2099 $0.00 ¥1,232,099.21 −¥3,707.42
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.5476 – ¥1,235,476.41
Key Currency Cheapest 123.2388 $0.00 ¥1,232,387.72 −¥3,088.69
Regency FX 123.2141 $0.00 ¥1,232,140.62 −¥3,335.79
TorFx 123.1770 $0.00 ¥1,231,769.98 −¥3,706.43
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.3533 – ¥1,233,532.94
Key Currency Cheapest 123.0449 $0.00 ¥1,230,449.11 −¥3,083.83
Regency FX 123.0202 $0.00 ¥1,230,202.40 −¥3,330.54
TorFx 122.9832 $0.00 ¥1,229,832.34 −¥3,700.60
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.6624 – ¥1,236,623.86
Key Currency Cheapest 123.3532 $0.00 ¥1,233,532.30 −¥3,091.56
Regency FX 123.3285 $0.00 ¥1,233,284.98 −¥3,338.88
TorFx 123.2914 $0.00 ¥1,232,913.99 −¥3,709.87

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send $10,000, after fees, as quoted by each company. The mid-market line shows what $10,000 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 JPY per SGD 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 JPY on every transfer from Singapore.

Right now, Key Currency pays 1,233,532.30 JPY on 10,000 SGD, which is 3,091.56 JPY less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 1,236,246.07 JPY.

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 Japan.

We've tracked 89 comparisons to check how often today's top companies were the cheapest across 3 amounts over the past month.

  1. Key CurrencyAppeared in 28 comparisons

    Cheapest in 86% of them

  2. Regency FXAppeared in 28 comparisons

    Never the cheapest

  3. TorFxAppeared in 28 comparisons

    Never the cheapest

Based on 89 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 Singapore to Japan

There are 5 ways to send money to Japan across 9 money transfer companies.

Cheapest way to send money

Online transfers

Sending JPY from Singapore with a specialist like Wise is quick, easy, and cheap.

You sign up online or through the app, verify account details, enter the amount, fund your transfer, and click send.

Wise charges S$29.38 to send S$10,000, delivering 1,232,897 JPY after a 0.01% markup.

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

Large transfers from Singapore

Currency brokers

Brokers are the best for large SGD transfers to Japan.

A currency broker can quote a lower margin on large SGD to JPY transfers and help with the paperwork and the entire process.

For example, Key Currency charges an exchange-rate markup of around 0.25% and no fees.

Our analysis shows Key Currency was the cheapest broker in 100% of the transfers from S$5,000 it quoted.

Large transfers may be held briefly for Singapore’s anti-scam checks, so if your transfer is time sensitive, start the process a bit earlier.

Regular spending abroad

Multi-currency accounts

A multi-currency account like Wise lets you convert SGD to JPY before travelling or paying your own bills overseas.

And you can hold both currencies in one account.

Wise will get you 1,232,897 JPY after fees when converting 10,000 SGD.

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

Ways to fund SGD and receive JPY in Japan

With Key Currency, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending S$10,000 gives your recipient 1,233,532.30 JPY.

Pay in SGD through bank transfer, PayNow, and debit card.

Funding the transfer with PayNow

This is the quickest and simplest way to pay for your transfer to Japan from Singapore.

Scan the company's PayNow QR code or use its registered identifier.

In Japan, they can receive JPY using bank deposit.

  1. 1
    Bank transfer Bank deposit

    You pay S$10,000.00

    ¥1,233,532

    Cheapest

  2. 2
    PayNow Bank deposit

    You pay S$10,000.00

    ¥1,232,897

    -¥635

  3. 3
    Debit card Bank deposit

    You pay S$10,000.00

    ¥1,176,463

    -¥57,069

Things to know before sending SGD to Japan

Consider these things before sending money from Singapore to Japan.

Compare SGD/JPY transfers

For a S$10,000 transfer to Japan, these are the best options to start with:

  1. Cheapest: Key Currency, funded by bank transfer with bank deposit for the payout. Your recipient gets 1,233,532.30 JPY, which is 0.02% more than the next best option.

  2. Fastest: Revolut, funded through bank transfer with bank deposit for the payout. Your recipient gets 1,230,170 JPY in same day.

SDIC protection

Eligible SGD deposits at participating banks are insured by SDIC up to S$100,000 per depositor and bank.

A balance with a non-bank transfer company is not a bank deposit and does not receive the same cover, even when the company is MAS-licensed.

When unsure, check the legal company in the MAS Financial Institutions Directory before paying.

How we analyse the market

Every company here holds a MAS licence, which you can check yourself on the MAS register.

We track 9 of them on SGD to Japan, refreshed in real time on live searches, and compare on the amount that arrives rather than the headline fee.

In the past 30 days alone, we analysed 89 comparisons across 3 amounts.

This page covers the cheapest and fastest options for SGD/JPY 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. More on who we are, why you can trust us and how to get started.

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