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Send money to Japan
"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."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"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."
"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."
"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."
"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."
"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
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"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"Currencyflow is a modern FX broker backed by industry veterans with 30+ years of currency trading experience. Contact the UK-based team for a free quote."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Lumon has cared for over 69,000 customers since 2000. Get support for larger transfers from dedicated currency specialists."
"Xoom, a PayPal service, allows you to send money in more than 160 countries. You can send cash for over-the-counter pickup or home delivery, as well as send by bank transfer or debit card."
"Fast, secure internatinal transfers with no fees and transparent rates. They offer a free currency card for use at home and abroad."
"Send money to over 40 destinations online and in the mobile app."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
"Moneycorp is an established player in the market, with a focus on private clients and corporates. Make overseas payments in over 120 currencies and 190 countries."
"Moneygram is a well established service with over 80 years in the sector. They support over 200 countries worldwide and have over 440,000 retail locations."
How to get the best rate for money transfers to Japan
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to ensure you aren't missing the best JPY rates.
- Choose a provider
Select the provider that fits your transfer needs and will get you the most JPY for the lowest fee.
- Click, sign up & send
Follow the steps & make your transfer. Your JPY will soon reach the recipient.
About money transfers to Japan
The best way to send money to Japan: Wise
After reviewing and testing 16 money transfer providers supporting JPY transfers, we found Wise to be the top choice for money transfers to Japan as of July 2025.
With quick transfers, a low markup of -0.03% on JPY exchange rates, and a low fee of $33.19, Wise offers the ideal balance of cost, speed, and features for JPY transfers.
The cheapest way to send money to Japan: MoneyGram
From the 16 companies tested, MoneyGram consistently offers the cheapest money transfer JPY to Japan.
MoneyGram charges $490.00000000000006 per transfer to Japan and applies a 2% markup on the JPY exchange rate.
For the best value, use a bank transfer deposit to maximize the amount of JPY received.
Fastest way to send money to Japan: MoneyGram
Our data shows that MoneyGram is the fastest way to transfer JPY right now.
With MoneyGram, the transfer time to Japan is minutes - 24 hours (for a $7,000 transfer).
MoneyGram charges $490.00000000000006 in fees on $7,000 transfer and adds a 2% markup.
The ‘fastest’ way to transfer money to Japan includes the transfer amount, deposit method, and transfer and withdrawal times.
Wise is the easiest way to send money to Japan
Wise is very transparent with its fees, charging $33.19 and -0.03% markup on JPY transfers.
They offer multiple deposit options, have good customer service, and take less than 5 minutes to get started with.
Consider this before sending money to Japan
Whether you're supporting a student in Tokyo, sending money to a spouse, or paying a freelancer based in Japan, choosing the right transfer method can make a huge difference in how much JPY your recipient actually receives.
We analyzed 16 major providers that support JPY transfers:
Sending large amounts of JPY to Japan
Wise consistently ranked as the top choice for large JPY transfers. They charge $33.19 per transfer to Japan and apply only a -0.03% markup on the JPY exchange rate.
Whether you’re purchasing property, paying tuition fees in JPY, planning a wedding in Japan, or making business payments, Wise ensures a smooth and secure process.
When sending large amounts of Yen to Japan, consider factors like transfer limits, markup on the JPY rate, customer service, and any legal, tax, or government-imposed restrictions in Japan.
Understanding the costs involved when moving money to Japan
When calculating the cost of money transfers to Japan, here's what really matters: the country of origin, amount, payment method, fees, and the markup on the JPY exchange rate.
Exchange rate markup
This is a percentage added on top of the "real" JPY rate (known as the mid-market rate).
Wise, for example, offers the best exchange rate. It adds -0.03% markup to the USD-JPY exchange rate (148.5115 JPY - -0.03% per US Dollar).
Transfer fees
These are fixed and/or percentage fees added for the service when sending money to Japan.
Let's imagine you want to send $7,000 from the US to Japan.
After analyzing 16 companies supporting Yen, we found Key Currency to offer the lowest fees ( $0 in fees and 0.25% markup).
However, exact fees vary by deposit method and the service, for example:
Bank transfers vary from $490.00000000000006 to $0
Debit cards range from $0 to $0
Credit card fees vary a lot, mainly due to cash advance fees and/or additional fees from your credit card provider.
How to find the best exchange rate for Yen transfers
An exchange rate is a constantly changing value of JPY in relation to another currency. The exchange rate you secure impacts how much JPY you will get, so timing your transfer is essential to get the most out of it.
Let's dive into some recent JPY trends.
Over the past week, the exchange rate from USD to JPY has seen some fluctuation. On average, it stood at 148.3809 Yen.
During this period, the highest value recorded for Yen was 148.8305, while the lowest was 147.374.
Wise, which is our recommended service for sending money online to Japan offers an exchange rate that is only -0.03% above the mid-market rate.
Want to secure the best Yen exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money to Japan!
Top payment methods to use for transfers to Japan
Money transfer companies will offer different ways to fund your transfer to Japan. Depending on the service used, deposit options can affect the speed, the cost of your transfer, and the amount of JPY received.
Bank transfers
Bank transfers are a standard deposit method used for sending money to Japan. Almost all services covering Japan offer it.
Bank transfers to Japan are usually cheaper than other deposit methods but can take up to 3 business days for JPY to reach Japan.
Out of 16 providers we’ve tested, we found MoneyGram to be the cheapest for bank deposits, with just $490 per transfer and a 2% markup. This is -9.45% cheaper than the second-best option.
When possible, avoid using wire transfers over the SWIFT network for JPY transfers. It is slower and more expensive due to intermediaries involved, instead, look for an ACH deposit option.
Debit and prepaid cards
Debit card transfers to JP are usually faster than bank transfers.
Most JPY transfers can take up to a few hours but it can be slightly more expensive.
We recommend using Xe if you want to use a debit card or prepaid card to fund your money transfer to Japan.
With Xe, you can expect to pay $0 in fees and 2.07% markup when depositing money with a debit card. This is 0% cheaper than using the next best provider out of the 16 companies supporting JPY transfers we’ve tested.
Credit cards
You can also use a credit card to fund your transfer to Japan.
We found a few options for credit card transfers out of 16 companies compared.
Credit card deposits are usually more expensive when sending money to Japan, so if you can, use a bank transfer or debit card deposits so save on fees.
If you do need to make a CC deposit, we recommend running a quick live search to get the best deal right now.
Cash advance alertYour credit card company may charge you a cash advance fee and offer higher interest rates for international transactions to JP. We recommend avoiding credit cards, and instead opt for a bank or debit card transfer.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available in 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 to Japan.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to find the best service for your needs when sending money to Japan
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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FAQs
Find answers to the most common questions on our dedicated FAQ page.
