"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
Our recommendation: Wise
We tested & reviewed 10 money transfer providers offering money transfers from Japan to India, and Wise scored highly.
In total, Wise appeared in 100% of Japan to India searches, and was the top rated company supporting transfers between JPY and INR.
For a great mix of cost, speed & features, we recommend making your Japan to India transfer using Wise.
How to compare deals on Japan to India money transfers
Considerations when sending from Japan to India
Comparing money transfer companies with services between Japan and India, based on your specific transfer amount and transfer needs, is the best way to send money at the best price.
For this route, we’ve compared 10 providers providing services between Japan and India. This ensures you will get the best options when sending Indian Rupee to India.
Over the last six months, we’ve picked Wise as the best overall provider. However, comparing based on the amount you want to send to India will provide a specific provider that’s best for transferring money from Japan.
Cheapest way to transfer money to India from Japan: Revolut
Of the 10 providers compared, data shows that Revolut is 0.2% cheaper than the second-best option.
The is cost is made up of an average JPY-INR exchange rate that is 0.11% different to the mid-market rate and an average fee of 0* JPY.
If you want to secure the best rates on a JPY to India transfer, Revolut will result in the most Indian Rupee received.
*The most common fee applied to JPY-INR by Revolut, based on data from the past six months.
Fastest company to send money to India from Japan: Wise.
Through our data, Wise was the quickest way to send money from Japan to Indian Rupee 73.7% of the time.
Sending money through Wise to India from Japan has an average fee of 4,876 JPY.
To understand who was the fastest, we tested Wise as part of 10 money transfer providers. Within this, we looked at the overall speed of sending money from Japan to India. This was made up of transfer times to India after Yens were added to a money transfer account.
When fast money transfers between Japan and India are a priority, Wise is our recommended choice.
Transfer a large sum of money
From 10 money transfer companies compared, Wise is the best option for large transfers from Japan to India.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Japan to India can become expensive if you use a bank, or the wrong provider.
Wise is the top choice for sending large sums of money to India from Japan because they offer a strong service and competitive exchange rates.
Understanding the costs involved when moving money from Japan to India
The total cost of sending money to India from Japan is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for JPY-INR is 0.5406 INR per Yen.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Indian Rupee for your Yens.
The JPY-INR mid-market rate over the last three months has seen the Yen worth an average 0.5569 INR. Within this there has been a high of 0.5918, and a low of 0.5172.
From 10 companies compared, Wise offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting JPY to INR.
Fees: When sending money there may be additional fees. Revolut offers the lowest fee of the 10 providers tested, averaging 0 JPY per transfer over the last 6 months.
Amount Received: When comparing providers, the best measure is the amount of Indian Rupee eventually received in India.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in India, means a better overall cost of sending money from Japan.
The best exchange rate for Yen to Indian Rupee transfers
When sending money between JPY and INR getting a good deal on an exchange rate is essential. The exchange rate you secure impacts how much INR you get for your JPY.
Here's how the mid-market rate has performed recently, which will impact the overall cost of the exchange rate.
Over the past six months, the mid-market rate from JPY to INR has been 0.5569.
During this period, there was a high of 0.5918, and 0.5172 being the lowest point.
Wise, which is our recommended service to send money online from Japan to India offers an exchange rate with a 0% markup against the mid-market rate.
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Paying for your Japan to India money transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between India and Japan.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Japan to India.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send JPY to INR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.