Remittance Prices Worldwide

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Sending money from JAPAN to INDONESIA

Data collected on: Aug 27, 2023-Sep 03, 2023
JPY | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
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)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Seven Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1,500.0017.65
4.05
Percentage difference between market reference rate 104.35 and exchange rate charged 100.13
4.05
12.8712.87
2,187.9025.74
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
200.002.35
0.53
Percentage difference between market reference rate 104.03 and exchange rate charged 103.48
0.53
1.711.71
290.703.42
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
490.005.76
0.78
Percentage difference between market reference rate 104.03 and exchange rate charged 103.22
0.78
3.663.66
622.207.32
Japan Post Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
3,000.0035.29
1.92
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
1.92
19.5719.57
3,326.9039.14
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
150.001.76
1.58
Percentage difference between market reference rate 104.38 and exchange rate charged 102.73
1.58
2.462.46
418.204.92
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
150.001.76
1.58
Percentage difference between market reference rate 104.38 and exchange rate charged 102.73
1.58
2.462.46
418.204.92
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
240.852.83
0.00
Percentage difference between market reference rate 104.03 and exchange rate charged 104.03
0.00
1.421.42
241.402.84
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
490.005.76
0.93
Percentage difference between market reference rate 104.45 and exchange rate charged 103.48
0.93
3.813.81
647.707.62
SMTJ
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
500.005.88
0.61
Percentage difference between market reference rate 104.49 and exchange rate charged 103.85
0.61
3.553.55
603.507.10
SMTJ
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
500.005.88
0.61
Percentage difference between market reference rate 104.49 and exchange rate charged 103.85
0.61
3.553.55
603.507.10
SBI Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
880.0010.35
0.49
Percentage difference between market reference rate 104.51 and exchange rate charged 104.00
0.49
5.675.67
963.9011.34
JME
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
850.0010.00
0.48
Percentage difference between market reference rate 104.41 and exchange rate charged 103.92
0.48
5.485.48
931.6010.96
GoRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2,000.0023.53
1.83
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
1.83
13.5913.59
2,310.3027.18
DCOM Money Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
400.004.71
0.42
Percentage difference between market reference rate 104.44 and exchange rate charged 104.00
0.42
2.772.77
470.905.54
Brastel Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
780.009.18
0.62
Percentage difference between market reference rate 104.45 and exchange rate charged 103.80
0.62
5.215.21
885.7010.42
BNI Tokyo
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,000.0011.76
2.97
Percentage difference between market reference rate 104.41 and exchange rate charged 101.31
2.97
8.858.85
1,504.5017.70
SMTJ
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
500.005.88
0.61
Percentage difference between market reference rate 104.49 and exchange rate charged 103.85
0.61
3.553.55
603.507.10
JRF
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
850.0010.00
0.40
Percentage difference between market reference rate 104.42 and exchange rate charged 104.00
0.40
5.405.40
918.0010.80
Kyodai
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
880.0010.35
0.19
Percentage difference between market reference rate 104.42 and exchange rate charged 104.22
0.19
5.375.37
912.9010.74
Total Average Third Quarter 2023
5.845.84
Total Average Second Quarter 2023
5.745.74
Total Average
Fee
808.479.51
Exchange Rate Margin (%)
1.081.08
Total Cost Percent (%)
5.845.84
Total Cost (JPY) Total Cost (USD)
992.7111.68
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
434.335.17
0.00
Percentage difference between market reference rate 104.03 and exchange rate charged 104.03
0.00
1.031.03
432.605.15
Kyodai
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
880.0010.48
0.19
Percentage difference between market reference rate 104.42 and exchange rate charged 104.22
0.19
2.292.29
961.8011.45
JRF
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
850.0010.12
0.40
Percentage difference between market reference rate 104.42 and exchange rate charged 104.00
0.40
2.422.42
1,016.4012.10
DCOM Money Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
1,000.0011.90
0.42
Percentage difference between market reference rate 104.44 and exchange rate charged 104.00
0.42
2.802.80
1,176.0014.00
JME
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
850.0010.12
0.48
Percentage difference between market reference rate 104.41 and exchange rate charged 103.92
0.48
2.502.50
1,050.0012.50
SBI Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
880.0010.48
0.49
Percentage difference between market reference rate 104.51 and exchange rate charged 104.00
0.49
2.592.59
1,087.8012.95
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
200.002.38
0.53
Percentage difference between market reference rate 104.03 and exchange rate charged 103.48
0.53
1.011.01
424.205.05
SMTJ
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
500.005.95
0.61
Percentage difference between market reference rate 104.49 and exchange rate charged 103.85
0.61
1.801.80
756.009.00
SMTJ
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
500.005.95
0.61
Percentage difference between market reference rate 104.49 and exchange rate charged 103.85
0.61
1.801.80
756.009.00
SMTJ
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Medium
500.005.95
0.61
Percentage difference between market reference rate 104.49 and exchange rate charged 103.85
0.61
1.801.80
756.009.00
Brastel Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
880.0010.48
0.62
Percentage difference between market reference rate 104.45 and exchange rate charged 103.80
0.62
2.722.72
1,142.4013.60
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
600.007.14
0.78
Percentage difference between market reference rate 104.03 and exchange rate charged 103.22
0.78
2.212.21
928.2011.05
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
490.005.83
0.93
Percentage difference between market reference rate 104.45 and exchange rate charged 103.48
0.93
2.102.10
882.0010.50
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
200.002.38
1.58
Percentage difference between market reference rate 104.38 and exchange rate charged 102.73
1.58
2.062.06
865.2010.30
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
200.002.38
1.58
Percentage difference between market reference rate 104.38 and exchange rate charged 102.73
1.58
2.062.06
865.2010.30
GoRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
2,000.0023.81
1.83
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
1.83
6.596.59
2,767.8032.95
Japan Post Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
3,000.0035.71
1.92
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
1.92
9.069.06
3,805.2045.30
BNI Tokyo
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Medium
1,000.0011.90
2.97
Percentage difference between market reference rate 104.41 and exchange rate charged 101.31
2.97
5.355.35
2,247.0026.75
Seven Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1,500.0017.86
4.05
Percentage difference between market reference rate 104.35 and exchange rate charged 100.13
4.05
7.627.62
3,200.4038.10
Total Average Third Quarter 2023
3.153.15
Total Average Second Quarter 2023
3.163.16
Total Average
Fee
866.5410.32
Exchange Rate Margin (%)
1.081.08
Total Cost Percent (%)
3.153.15
Total Cost (JPY) Total Cost (USD)
1,322.1215.74
Non-Transparent records
Bank account transfer Debit card Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash