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How to send money to India from Japan

Get the best deals when you transfer from Japan to India. Find the cheapest, fastest, and most reliable providers with the best JPY to INR exchange rates.

Read on for analysis on the best ways to send money to India from Japan.

Transferring the other way? Send INR from India to Japan instead.
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Wise was the top rated provider from Japan to India

"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."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%
Revolut was the cheapest from Japan to India

"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."

Fees
0.3% - 1%
Transfer Speed
Minutes - 5 days
Exchange Rate Markup
0.1% - 0.6%
Wise was the fastest from Japan to India

"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."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%
OFX was the best for large transfers from Japan to India

"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."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.4% - 1.5%

Our recommendation: Wise

Wise is our top choice for JPY to INR transfers.

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.

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How to compare deals on Japan to India money transfers

Summary of recent searches

Top rated for transfers from Japan to India
Wise
Total number of JP - IN providers
10
Average cheapest fees & rate
Revolut
Average fastest transfer
Wise
Average transfer time
Within minutes
Best for bank transfers
Revolut
Best for debit card
Wise

Considerations when sending from Japan to India

1
Compare providers

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.

2
Understanding the Yen-Indian Rupee exchange rate
3
Choose the right payment method
4
Financial regulations
5
Consider transfer limits
6
Receiving money from Yen in India
7
Confirm the ID you need
8
Tax declarations

Cheapest way to transfer money to India from Japan: Revolut

Revolut offers a combination of the lowest fees and best exchange rates - making it the cheapest transfer service for sending Yen to India.

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.

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Fastest company to send money to India from Japan: Wise.

We compared 10 companies for fast transfers from Yens to India and Wise came out on top.

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.

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Transfer a large sum of money

When sending large amounts of Indian Rupee to India it’s best the pick a company with higher maximum limits on exchange rates and send amounts.

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.

Mid-market Rate
1
= 0.54062 INR

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.

Want to secure the best JPY-Indian Rupee exchange rates?

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Paying for your Japan to
India money transfer

  • Bank transfers

    A bank transfer is often the default option for money transfers from Japan to India.

    By using a money transfer company such as Revolut to send money from Japan to India, you can while benefit from lower fees and more favorable exchange rates than a bank would offer. 


    On average, Revolut is the cheapest money transfer provider for bank transfers from the 10 we tested when sending JPY to India.

    With an average fee of JPY0 to send money from Japan to India, Revolut offers a great combination of competitive exchange rates and lower fees.


  • Debit and prepaid cards

    Sending money from Japan to India with a prepaid or debit card is very easy with Wise.


    Wise is a great choice for sending money with a debit card from Japan to India. This is from the 10 money transfer companies compared.

  • Credit cards

    When it comes to credit card money transfers from Japan to India, emerges as our top choice of the 10 companies offering this service.

    Be careful of fees: using a credit card to transfer money internationally often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.

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.

Money transfer company reviews

How much money can be transferred from Japan to India?
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Can I send money from Japan to India with MoneyTransfers.com?
What are the typical transfer fees for sending Yens to India through various providers?
How long does it take to send money from Japan to India?
What is the best exchange rate I can get for sending money from Japan to India?
Are there any minimum or maximum transfer amounts for sending money from Japan to India?
Can I schedule regular transfers between Japan and India?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.