Remittance Prices Worldwide

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Sending money from JAPAN to INDIA

Data collected on: Feb 04, 2025 - Feb 20, 2025
JPY | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (JPY)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
200.00
Exchange rate margin(%)
0.25
Percentage difference between market reference rate 0.58 and exchange rate charged 0.58
Total cost (%)
1.43
Total cost (JPY)sort descending
243.10
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
200.00
Exchange rate margin(%)
1.47
Percentage difference between market reference rate 0.58 and exchange rate charged 0.57
Total cost (%)
2.65
Total cost (JPY)sort descending
450.50
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
200.00
Exchange rate margin(%)
1.47
Percentage difference between market reference rate 0.58 and exchange rate charged 0.57
Total cost (%)
2.65
Total cost (JPY)sort descending
450.50
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
200.00
Exchange rate margin(%)
1.47
Percentage difference between market reference rate 0.58 and exchange rate charged 0.57
Total cost (%)
2.65
Total cost (JPY)sort descending
450.50
Firm
SBI remit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
500.00
Exchange rate margin(%)
1.29
Percentage difference between market reference rate 0.58 and exchange rate charged 0.57
Total cost (%)
4.23
Total cost (JPY)sort descending
719.10
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
600.00
Exchange rate margin(%)
1.15
Percentage difference between market reference rate 0.58 and exchange rate charged 0.57
Total cost (%)
4.68
Total cost (JPY)sort descending
795.60
Firm
JME
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
850.00
Exchange rate margin(%)
0.09
Percentage difference between market reference rate 0.58 and exchange rate charged 0.58
Total cost (%)
5.09
Total cost (JPY)sort descending
865.30
Firm
Wise
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
868.33
Exchange rate margin(%)
0.00
Percentage difference between market reference rate 0.58 and exchange rate charged 0.58
Total cost (%)
5.11
Total cost (JPY)sort descending
868.70
Firm
Brastel Remit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
780.00
Exchange rate margin(%)
0.58
Percentage difference between market reference rate 0.56 and exchange rate charged 0.56
Total cost (%)
5.17
Total cost (JPY)sort descending
878.90
Firm
JRF
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
850.00
Exchange rate margin(%)
0.41
Percentage difference between market reference rate 0.58 and exchange rate charged 0.57
Total cost (%)
5.41
Total cost (JPY)sort descending
919.70
Firm
JRF
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
850.00
Exchange rate margin(%)
0.71
Percentage difference between market reference rate 0.58 and exchange rate charged 0.57
Total cost (%)
5.71
Total cost (JPY)sort descending
970.70
Firm
Kyodai
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
Medium 
Fee
880.00
Exchange rate margin(%)
1.91
Percentage difference between market reference rate 0.58 and exchange rate charged 0.57
Total cost (%)
7.09
Total cost (JPY)sort descending
1205.30
Firm
Seven Bank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
890.00
Exchange rate margin(%)
4.31
Percentage difference between market reference rate 0.58 and exchange rate charged 0.55
Total cost (%)
9.55
Total cost (JPY)sort descending
1623.50
Firm
Bank of India
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
1,500.00
Exchange rate margin(%)
1.83
Percentage difference between market reference rate 0.56 and exchange rate charged 0.55
Total cost (%)
10.65
Total cost (JPY)sort descending
1810.50
Firm
Bank of India
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
1,500.00
Exchange rate margin(%)
1.83
Percentage difference between market reference rate 0.56 and exchange rate charged 0.55
Total cost (%)
10.65
Total cost (JPY)sort descending
1810.50
Firm
State Bank of India
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
2,000.00
Exchange rate margin(%)
1.13
Percentage difference between market reference rate 0.58 and exchange rate charged 0.57
Total cost (%)
12.89
Total cost (JPY)sort descending
2191.30
Firm
State Bank of India
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
2,000.00
Exchange rate margin(%)
1.23
Percentage difference between market reference rate 0.58 and exchange rate charged 0.57
Total cost (%)
12.99
Total cost (JPY)sort descending
2208.30
Firm
GoRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
2,000.00
Exchange rate margin(%)
2.52
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
Total cost (%)
14.28
Total cost (JPY)sort descending
2427.60
Firm
GoRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
2,000.00
Exchange rate margin(%)
7.02
Percentage difference between market reference rate 0.58 and exchange rate charged 0.53
Total cost (%)
18.78
Total cost (JPY)sort descending
3192.60
Firm
Japan Post Bank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
3,000.00
Exchange rate margin(%)
2.51
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
Total cost (%)
20.16
Total cost (JPY)sort descending
3427.20
Firm
State Bank of India
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
4,000.00
Exchange rate margin(%)
-0.11
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
Total cost (%)
23.42
Total cost (JPY)sort descending
3981.40
Firm
State Bank of India
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
5,000.00
Exchange rate margin(%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
Total cost (%)
29.41
Total cost (JPY)sort descending
4999.70
Total Average First Quarter 2025
9.76
Total Average Fourth Quarter 2024
9.58
Total Average
Fee
1,403.11
Exchange Rate Margin (%)
1.50
Total Cost Percent (%)
9.76
Total Cost (JPY)
1,658.66
Non-Transparent records
Bank account transfer Debit card Credit Card Cash
Less than one hour Same day 3-5 days 2 days Next day 6 days or more
Bank account Cash Own/partner bank account
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