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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Portugal to Japan searches, and was the top rated company out of 7 that support EUR to JPY.
So for a great mix of cost, speed & features, make your Portugal to Japan transfer using Wise.
How to get the best deal on your Portugal to Japan transfer
Summary of recent searches
Important things to consider before sending money from Portugal to Japan
Don't settle for the first option. Always compare ways to send money from Portugal to Japan to find out about fees, speed, and reliability.
Our analysis included 7 providers that operate between Portugal and Japan.
Through this, you get a comprehensive view of all the options you have in Portugal when you need to send money to Japan.
Cheapest way to send money to Japan from Portugal: Instarem
Data collected over the past six months shows that Instarem is 0.8% cheaper than the second-best option.
The €0 transfer cost represents the most common fee for EUR to JPY international transfers, based on data from the past six months.
If you want to secure the best rates on a EUR to Japan transfer, make sure you pick Instarem to send your money online.
*The most common fee applied to EUR-JPY by Instarem, based on data from the past six months.
Fastest way to send money from Portugal to Japan: Remitly
Our data shows that Remitly came up as the fastest way to send money from Portugal to Japan in 100% of searches. This makes them well suited to urgent EUR to JPY money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Portugal to Japan - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Remitly is your best choice at the moment. This service emerged as the quickest way to send money to Japan from Portugal in 100% 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 EUR from Portugal 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 Portugal to Japan
When calculating the costs of money transfers between Portugal and Japan, here's what really matters:
The Mid-Market Rate: Today, the EUR-JPY mid-market rate equals to 169.160345 JPY per Euro.
The EUR-JPY average exchange rate for the past three months has been 160.4099 JPY per Euro, with a high of 164.3226 and a low of 155.0113.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from EUR to JPY.
How to find the best exchange rate for Euro to Yen
Timing is essential for sending money between EUR and JPY. The exchange rate you secure impacts how much JPY you get for your EUR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from EUR to JPY has seen some fluctuation. On average, it stood at 160.4099.
During this period, the highest value recorded was 164.3226, while the lowest was 155.0113.
Wise, which is our recommended service to send money online from Portugal to Japan offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best EUR-Yen exchange rates?
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Payment methods available to fund your Portugal to Japan transfer
Bank transfers
Bank transfers are often the default option for sending money from Portugal to Japan.
By using a money transfer company such as Instarem for transfers from Portugal to Japan, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Instarem is the cheapest provider for bank transfers from the 7 we tested when sending EUR to Japan.
With an average fee of EUR0 to send money from Portugal to Japan, Instarem offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Portugal to Japan with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Portugal to Japan, competing among a total of 7 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Portugal to Japan, Wise emerges as our top choice of the 7 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 Japan and Portugal.
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 Portugal to Japan.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR 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
