Transferring money earned from work in Japan—whether you're a student, temporary worker, or long-term resident—can be a crucial part of managing your finances back home. With various options available, it's important to understand which method offers the best balance of speed, cost, security, and convenience.
This guide explores the most common and effective ways to send money from Japan to other countries, especially China, while helping you make informed decisions based on your personal needs.
Bank Wire Transfer: The Traditional Yet Reliable Option
A bank wire transfer remains one of the most trusted methods for sending money internationally. It allows direct fund transfers from your Japanese bank account to a recipient’s bank account abroad.
How to Do It
- Open a Japanese Bank Account: Most banks in Japan, such as MUFG, SMBC, or Mizuho, allow foreign residents to open accounts with proper documentation (residence card, seal, etc.).
- Submit a Transfer Request: Visit a branch or use online banking to fill out an international remittance form.
- Provide Recipient Details: Include the recipient’s full name, bank name, SWIFT/BIC code, account number, and address.
- Pay Fees and Confirm: Expect fees ranging from ¥3,000 to ¥8,000 depending on the bank and amount. Processing typically takes 1–5 business days.
Pros and Cons
- ✅ High security – Regulated by financial institutions
- ✅ Traceable transactions
- ❌ High fees – Especially for small transfers
- ❌ Slower processing times
- ❌ Unfavorable exchange rates – Banks often apply hidden markups
👉 Discover faster and more affordable ways to move your earnings internationally.
Third-Party Payment Platforms: Fast and Cost-Effective
Digital platforms like Wise (formerly TransferWise) and PayPal have revolutionized cross-border payments by offering transparent fees and real exchange rates.
How They Work
- Sign Up & Verify Identity: Create an account and upload ID documents.
- Link Your Japanese Bank Account: Connect via online banking or manual entry.
- Initiate Transfer: Enter the amount and recipient’s local bank details.
- Review Fees: Typically lower than banks—Wise uses mid-market rates with clear pricing.
Transfers usually arrive within 1–2 business days, sometimes even faster.
Why Choose This Method?
- ✅ Lower fees compared to traditional banks
- ✅ Transparent exchange rates
- ✅ User-friendly apps and websites
- ❌ Limited support for certain currencies
- ❌ May require additional verification steps
For those seeking efficiency without sacrificing reliability, third-party platforms are increasingly popular among expats and students alike.
Money Transfer Companies: Flexible but Costly
Services like Western Union and MoneyGram offer physical locations across Japan, making them accessible for users who prefer in-person service.
Key Features
- Available at post offices, convenience stores (e.g., Lawson), and dedicated offices
- Support cash-to-cash, bank-to-cash, and account-to-account transfers
- Some provide instant delivery options
Process Overview
- Choose a provider based on destination coverage and cost.
- Go to an agent location or use their website/app.
- Provide sender and receiver information.
- Pay the transfer amount plus fees (often higher than digital platforms).
Funds can be picked up within minutes if using cash services.
Advantages & Drawbacks
- ✅ Speed – Instant transfers available
- ✅ Accessibility – No need for a bank account
- ❌ Higher fees – Especially for larger amounts
- ❌ Less transparency – Exchange rates may be unfavorable
Ideal for urgent transfers when digital access is limited.
Cryptocurrency: A Modern Alternative with Higher Risk
Using cryptocurrency like Bitcoin or Ethereum is an emerging option for international money transfers. While not yet mainstream, it offers unique benefits for tech-savvy users.
Steps to Transfer via Crypto
- Buy Cryptocurrency: Use a Japan-based exchange like Bitflyer or GMO Coin.
- Send to Recipient’s Wallet: Transfer funds to a wallet controlled by the recipient in their home country.
- Convert to Local Currency: The recipient sells the crypto on a local exchange and deposits fiat money into their bank.
Transaction times vary but are often completed within hours.
Benefits and Risks
- ✅ Low transaction fees
- ✅ Fast global transfers
- ✅ Decentralized – no middlemen
- ❌ Price volatility – Value can swing dramatically
- ❌ Regulatory uncertainty in some countries
- ❌ Requires technical knowledge
👉 Learn how secure crypto platforms simplify international fund movement.
This method suits individuals comfortable with digital assets and looking for innovative financial tools.
Frequently Asked Questions (FAQ)
Q1: What is the cheapest way to send money from Japan?
The cheapest method is typically using a digital money transfer platform like Wise, which offers low fees and real exchange rates. Bank wire transfers usually come with higher hidden costs due to poor FX rates.
Q2: How long does it take to transfer money from Japan?
Transfer times vary:
- Bank wires: 1–5 business days
- Third-party platforms: 1–2 days (sometimes same-day)
- Cash services (Western Union): Minutes to hours
- Cryptocurrency: Under 1 hour to 24 hours, depending on network congestion
Q3: Are there limits on how much I can send?
Yes. Banks and platforms impose daily or monthly limits. For example:
- Japanese banks may cap international transfers at ¥1 million per day without prior notice.
- Crypto exchanges require KYC verification for large transactions.
Always check limits before initiating a transfer.
Q4: Is it safe to use cryptocurrency for remittances?
It can be safe if both parties understand wallet security and market risks. However, due to price fluctuations, it's best used when the recipient can convert quickly or when urgency outweighs risk.
Q5: Do I need a Japanese bank account to send money?
Most methods require one—especially bank transfers and digital platforms. However, cash-based services like Western Union allow sending without a bank account.
Q6: Can students transfer part-time job income legally?
Yes. International students in Japan can legally earn income (up to 28 hours/week with permission) and transfer their earnings home, provided they comply with tax and immigration rules.
Final Thoughts: Choosing the Right Transfer Method
When asking “how to transfer money from Japan”, the best answer depends on your priorities:
| Priority | Recommended Option |
|---|---|
| Lowest cost | Wise or similar fintech platforms |
| Maximum security | Bank wire transfer |
| Fastest delivery | Western Union (cash) or cryptocurrency |
| Ease of use | Mobile-first platforms |
For most workers and students, combining a reliable Japanese bank account with a low-cost digital platform provides the optimal solution.
👉 Compare secure, low-fee transfer options that work seamlessly from Japan.
Whether you're sending tuition fees, supporting family, or saving abroad, understanding these methods empowers you to protect your hard-earned income and move it efficiently across borders.
By staying informed about available tools—from traditional banking to cutting-edge blockchain solutions—you ensure your financial journey remains smooth, secure, and cost-effective.