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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 91.7% of Japan to India searches, and was the top rated company out of 5 that support JPY to INR.
So for a great mix of cost, speed & features, make your Japan to India transfer using Wise.
How to get the best deal on your Japan to India transfer
Summary of recent searches
Important things to consider before sending money from Japan to India
Don't settle for the first option. Always compare ways to send money from Japan to India to find out about fees, speed, and reliability.
Our analysis included 5 providers that operate between Japan and India.
Through this, you get a comprehensive view of all the options you have in Japan when you need to send money to India.
Cheapest way to send money to India from Japan: Wise
Data collected over the past six months shows that Wise is 0.1% cheaper than the second-best option.
The ¥1393.05 transfer cost represents the most common fee for JPY to INR international transfers, based on data from the past six months.
If you want to secure the best rates on a JPY to India transfer, make sure you pick Wise to send your money online.
*The most common fee applied to JPY-INR by Wise, based on data from the past six months.
Fastest way to send money from Japan to India: WorldRemit
Our data shows that WorldRemit came up as the fastest way to send money from Japan to India in 34.8% of searches. This makes them well suited to urgent JPY to INR money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Japan to India - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, WorldRemit is your best choice at the moment. This service emerged as the quickest way to send money to India from Japan in 34.8% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send JPY from Japan to India, it’s the provider that will keep you safe and relaxed while your money moves into INR.
Understanding the costs involved when moving money from Japan to India
When calculating the costs of money transfers between Japan and India, here's what really matters:
The Mid-Market Rate: Today, the JPY-INR mid-market rate equals to 0.527549 INR per Yen.
The JPY-INR average exchange rate for the past three months has been 0.5602 INR per Yen, with a high of 0.5887 and a low of 0.5486.
When looking to send money, we'd recommend Wise. On average Wise is -0.01% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from JPY to INR.
How to find the best exchange rate for Yen to Indian Rupee
Timing is essential for sending money between JPY and INR. The exchange rate you secure impacts how much INR you get for your JPY.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from JPY to INR has seen some fluctuation. On average, it stood at 0.5602.
During this period, the highest value recorded was 0.5887, while the lowest was 0.5486.
Wise, which is our recommended service to send money online from Japan to India offers an exchange rate that is only -0.01% above the mid-market rate.
Want to secure the best JPY-Indian Rupee exchange rates?
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Payment methods available to fund your Japan to India transfer
Bank transfers
Bank transfers are often the default option for sending money from Japan to India.
By using a money transfer company such as Wise for transfers from Japan to India, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers from the 5 we tested when sending JPY to India.
With an average fee of JPY1381.5 to send money from Japan to India, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Japan to India with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Japan to India, competing among a total of 5 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Japan to India, Instarem emerges as our top choice of the 5 companies offering this service.
Fee alert: using a credit card to transfer money 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.
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.
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