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Companies for transfers from India 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."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"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."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
Best way to send: Wise
We tested & reviewed 10 money transfer companies offering services between India and Japan, and Wise scored highly.
In total, Wise appeared in 96.1% of India to Japan searches, and was the top rated company out of 10 that support transfers into Yen.
So for a great mix of cost, speed & features, make your India to Japan transfer using Wise.
How to compare deals on your India to Japan transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure get best exchange rates on transfers from India to Japan.
- Choose a provider
Select the provider that offers you the best value & service for your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Japan from India.
Summary of recent searches
What to consider ahead of money transfers from India to Japan
Comparing based on your specific needs is the best way to send money from India to Japan with confidence.
Our analysis, and search results, include 10 providers that operate between India and Japan. These are ranked by speed, overall cost and ease of use.
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 transfer money from India to Japan: Wise
Our data shows Wise is -1.3% cheaper than the second-best option. The company offers an average fee of 1,615.68* INR and an average exchange rate between INR and JPY that is 0.02% different to the mid-market rate.
For a cheap way to send INR to Japan, Wise is a great all round choice.
*The most common fee applied to INR-JPY by Wise, based on data from the past six months.
Fastest company to send money to Japan from India: Ria Money Transfer.
Through our data, Ria Money Transfer was the quickest way to send money from India to Yen 67.3% of the time.
Sending money through Ria Money Transfer to Japan from India has an average fee of 4 INR.
To understand who was the fastest, we tested Ria Money Transfer as part of 10 money transfer providers. Within this, we looked at the overall speed of sending money from India to Japan. This was made up of transfer times to Japan after Indian Rupees were added to a money transfer account.
When fast money transfers between India and Japan are a priority, Ria Money Transfer is our recommended choice.
Send large sums of money abroad with Currencies Direct
From the 10 options we compared, Currencies Direct offers the strongest all-round option for large transfers to Japan from India.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Yens to Yen.
As such, we recommend Currencies Direct for large Japan transfers.
Understanding the cost of moving money from India to Japan
The total cost of sending money to Japan from India, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: Currently, the mid-market for INR-JPY is 1.6779 JPY per Indian Rupee.
Finding a company offering an exchange rate closer to this will mean more Yen for your Indian Rupee.
The average INR-JPY mid-market rate for the last three months has been 1.7772 JPY per Indian Rupee. This includes a high of 1.8529, and low of 1.6524.
Out of the 10 companies compared, Wise offers the best exchange rates.
The exchange rate you receive on converting INR to JPY should be the biggest determining cost factor when transferring Indian Rupee to Japan.
Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Wise, with a fee average of 1,615.68 INR per transfer over the last 6 months, offers the lowest fees overall. Although, you should search for your send amount for actual fees.
Amount Received: Money transfer companies will show you the amount of Yen eventually received in Japan.
A lower cost of sending from India will result in more money received in Japan.
Getting the best exchange rate for Indian Rupee to Yen
Tracking the mid-market rate can make a huge difference when sending money INR to JPY. The exchange rate you secure impacts how much JPY you get for your INR.
Here's some data on recent trends in the mid-market rate.
Over the past six months, the interbank rate from INR to JPY has seen some fluctuation. On average, it has been 1.7772.
During this period, the highest value level was 1.8529, with a low of 1.6524.
Wise, which is our recommended service to send money online from India to Japan offers an exchange rate that is only 0.01% above the mid-market rate.
Want to secure the best INR-Yen exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from India to Japan!
Paying for your India to Japan money transfer
Bank transfers
A bank transfer is often the default option for money transfers from India to Japan.
By using a money transfer company such as Wise to send money from India to Japan, you can while benefit from lower fees and more favorable exchange rates than a bank would offer.
On average, Wise is the cheapest money transfer provider for bank transfers from the 10 we tested when sending INR to Japan.
With an average fee of INR1,616.9 to send money from India to Japan, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from India to Japan with a prepaid or debit card is very easy with Wise.
Wise is a great choice for sending money with a debit card from India to Japan. This is from the 10 money transfer companies compared.
Credit cards
When it comes to credit card money transfers from India to Japan, 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 Japan and India.
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 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.
Money transfer company reviews
