How to send money to Japan the cheapest & fastest way

Researching money transfer providers and figuring out the best rate for sending money to Japan can be time-consuming. Besides the total transfer fee, our list above shows you the different payment delivery options for each money transfer service.

Some factors to consider while evaluating the best way to send money to Japan from USA are transfer fees, exchange rates, the speed of transfer and convenience. The cost of transferring money depends on the country in which you want the money sent as well as the way the payment is received (e.g. bank transfer, cash pickup, app). Also whether you want to pay for your transfer via bank deposit, debit card or in cash at a money transfer operator will affect your remittance to Japan.

Best rate - The cheapest way to send money to Japan

The overall cheapest money transfer service is Remitly with 'Bank' as the receiving payment method. In this case, the total transaction costs are $ 5.2, whereas the service fee is $ and the USD-JPY exchange rate is 107.93.

In comparison, you would pay a total cost of $ 24.03 to transfer money to Japan if you selected to use RiaMoneyTransfer for the very same international money transfer. Two other options for sending money to Japan are worth considering: RiaMoneyTransfer and .

Wire transfer - Send money to a Japan bank account

Bank deposits: To make a wire transfer online and transfer your USD to a Japan bank account in JPY, the most competitive option is currently Remitly. With $ transfer fees for the bank transfer and a competitive USD-JPY currency exchange rate (currently at 1 USD = 107.93 JPY), it's the cheapest way to send money to a Japan bank account.

When doing a wire transfer from USA to Japan, it typically takes longer for the funds to arrive in the recipient's bank account compared to other money transfer methods such as cash delivery. International bank transfers do carry some risks and you need to make sure the bank details and payment details are correct or else the sent amount may end up in the wrong bank account.

Cash Pickup

Do you prefer a cash delivery method for the beneficiary to receive money at his preferred cash pick-up location in Japan? We list several money transfer service providers able to send JPY for cash pickup in Japan:

RiaMoneyTransfer is currently the most competitive provider with a low transfer fee of $ 5 and a competitive USD-JPY exchange rate of 1 USD = 108.35985 JPY. This results in a total transaction fee of $ 9.03 to send money to Japan resp. a local a cash pick-up branch there.

Since most payout locations operate 24/7, this kind of international money transfer is almost instant. Even more so when you pay with a credit card or a debit card. With a valid photo ID and the transaction reference number, the recipient can pick up the cash at a payout location of RiaMoneyTransfer local partner network within minutes after the money has been transferred.

Remittance to Japan

Have you ever wondered, why some of the best money transfer providers such as Remitly and WorldRemit have the term 'remit' in their name? This is derived from the word 'remittance' which is a payment of money that is transferred to another party. Theoretically, any payment of a bill could be a remittance. However, nowadays the word is mainly used to describe the process of money being sent to a family back home by someone working abroad. The recommended way to remit money to Japan is by using the money transfer provider Stanford Federal Credit Union. At the time of writing, they boast the most competitive exchange rates to send money online to Japan.

This recommendation was updated 21 days ago.