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"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."
"Most transfers are instant or same-day. Customers can earn rewards on every transaction."
"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 advice & no max transfer limit."
Best way to send: Wise
We tested & reviewed 13 money transfer companies offering services between Japan and Singapore, and Wise scored highly.
In total, Wise appeared in 94.7% of Japan to Singapore searches, and was the top rated company out of 13 that support transfers into Singapore Dollar.
So for a great mix of cost, speed & features, make your Japan to Singapore transfer using Wise.
How to send money from Japan to Singapore
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you get the best rates on converting into Singapore Dollar from Japan.
- Choose a provider
Select the provider offering the best way to send to Singapore based on your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your Singapore Dollar will soon be on their way to Singapore.
Summary of recent searches
Considerations ahead of sending money from Japan to Singapore
A comparison of providers offering services between Japan and Singapore, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.
We’ve compared 13 providers that provide services for sending Yen to Singapore. This ensures you will get the best options for your transfer to Singapore from Japan.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Japan to Singapore.
Cheapest way to send money from Japan to Singapore: Instarem
On average, Instarem fees were 761.3* JPY per transfer and customers would expect an exchange rate between JPY-SGD that is -0.42% different to the mid-market rate
Against the others tested, Instarem is 0% cheaper than the second-best option.
To secure a cheap way to transfer JPY to Singapore, Instarem is our recommendation.
*The most common fee applied to JPY-SGD by Instarem, based on data from the past six months.
Fastest money transfers to Singapore from Japan: Wise.
Through our comparison, we found Wise to be the fastest option for sending Yen to Singapore Dollar 83.3% of the time. For fast transfers between JPY and SGD, Wise is a great option.
When sending money from Japan to Singapore, Wise has an average fee of 13,366 JPY. Although we would recommend comparing the amount you want to send.
When testing the fastest options, we compared the 13 money transfer providers offering Japan to Singapore transfers for overall speed. This included transfer times to after depositing Yen to a money transfer account.
When you want the fastest way to send, Wise is our recommended choice for Japan to Singapore transfers.
Transfer a large sum of money
From 13 money transfer companies compared, Wise is the best option for large transfers from Japan to Singapore.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Japan to Singapore can become expensive if you use a bank, or the wrong provider.
Wise is the top choice for sending large sums of money to Singapore from Japan because they offer a strong service and competitive exchange rates.
Understanding the cost of transferring money from Japan to Singapore
The total cost of money transfers from Japan to Singapore is a combination of fees and exchange rates. Get the best of both, and you will be getting a good deal.
The Mid-Market and Exchange Rates: The mid-market rate for JPY-SGD is currently 0.0086 SGD per Yen. Providers offering services closer to this rate will ensure more Singapore Dollar for your Yens.
To give a historic average, over the last three months the JPY-SGD mid-market rate has been 0.0089 SGD per Yen, this has had a high of 0.0092 and a low of 0.0085.
From the 13 companies compared, Wise offers the best exchange rate on transfers to Singapore and Japan.
Generally, the exchange rate you receive on converting JPY to SGD will be the biggest factor impacting the cost of sending Yens to Singapore.
Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is Instarem at an average of 761.3 JPY per transfer over the last 6 months. In all cases, we recommend searching for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount eventually received in Singapore Dollar. Simply, the higher the amount received in Japan, the lower the cost of sending from Singapore.
The best exchange rate for Yen to Singapore Dollar transfers
When sending money between JPY and SGD getting a good deal on an exchange rate is essential. The exchange rate you secure impacts how much SGD you get for your JPY.
Here's how the mid-market rate has performed recently, which will impact the overall cost of the exchange rate.
Over the past six months, the mid-market rate from JPY to SGD has been 0.0089.
During this period, there was a high of 0.0092, and 0.0085 being the lowest point.
Wise, which is our recommended service to send money online from Japan to Singapore offers an exchange rate with a -0.15% markup against the mid-market rate.
Want to secure the best JPY-Singapore Dollar exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Japan to Singapore!
Japan to Singapore money transfer payment methods
Bank transfers
Bank transfers are often the best payment method for money transfers from Japan to Singapore.
A money transfer company like Instarem offer bank transfers between Japan and Singapore with lower fees and better exchange rates than you would get from a traditional bank.
On average, Instarem is the cheapest provider for bank transfers of the 13 we tested when sending JPY to Singapore.
Instarem has an average fee of 843.67 JPY for money transfersfrom Japan to Singapore. Overall, they offer a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Japan to Singapore 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 Singapore, competing among a total of 13 active money transfer companies on this route.
Credit cards
is our top choice of the 13 companies offering credit card transfers from Japan to Singapore.
Fee alert: using a credit card to transfer money can result in a fee being charged by your card issuer as it is considered as a cash advance. 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 Singapore and 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 from Japan to Singapore.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send JPY to SGD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
