Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 79.5% of India to Japan searches, and was the top rated company out of 3 that support INR to JPY.
So for a great mix of cost, speed & features, make your India to Japan transfer using Wise.
How to get the best deal on your India to Japan transfer
Important things to consider before sending money from India to Japan
Don't settle for the first option. Always compare ways to send money from India to Japan to find out about fees, speed, and reliability.
Our analysis included 3 providers that operate between India and Japan.
Through this, you get a comprehensive view of all the options you have in India when you need to send money to Japan.
Cheapest way to send money to Japan from India: TorFx
Data collected over the past six months show that TorFx is 1.1% cheaper than the second-best option.
The ₹0 transfer cost represents the most common fee for INR to JPY international transfers, based on data from the past six months.
If you want to secure the best rates on a INR to Japan transfer, make sure you pick TorFx to send your money online.
*The most common fee applied to INR-JPY by TorFx, based on data from the past six months.
Fastest way to send money from India to Japan: Wise
Our data shows that Wise came up as the fastest way to send money from India to Japan in 57.2% of searches. This makes them well suited to urgent INR to JPY money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from India to Japan - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to Japan from India in 57.2% 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 INR from India to Japan, it’s the provider that will keep you safe and relaxed while your money moves into JPY.
Understanding the costs involved when moving money from India to Japan
When calculating the costs of money transfers between India and Japan, here's what really matters:
The Mid-Market Rate: Today, the INR-JPY mid-market rate equals to 1.852126 JPY per Indian Rupee. Keep in mind that this rate fluctuates all the time.
The INR-JPY average exchange rate of the past three months has been 1.7753 JPY per Indian Rupee, with a high of 1.8229 and a low of 1.694.
Fees and Markups: That's where Wise shines, combining the best of both worlds: excellent INR to JPY rates that are only -0.05% away from the average.
How to find the best exchange rate for Indian Rupee to Yen
Timing is essential sending money between INR and JPY. The exchange rate you secure impacts how much JPY you get for your INR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from INR to JPY has seen some fluctuation. On average, it stood at 1.7753.
During this period, the highest value recorded was 1.8229, while the lowest was 1.694.
Wise, which is our recommended service to send money online from India to Japan offers an exchange rate that is only -0.05% above the mid-market rate.
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Payment methods available to fund your India to Japan transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Japan and India.
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 India to Japan .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to JPY.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.