Remittance Prices Worldwide

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Sending money from JAPAN to CHINA

Data collected on: Sep 17, 2019
JPY | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (JPY)sort descendingTotal cost (USD)sort descending
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
490.005.76
Exchange rate margin (%)
0.97
Percentage difference between market reference rate 0.07 and exchange rate charged 0.060.97
Total cost (%)
3.863.86
Total cost (JPY)sort descendingTotal cost (USD)sort descending
656.207.72
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
490.005.76
Exchange rate margin (%)
1.56
Percentage difference between market reference rate 0.01 and exchange rate charged 0.011.56
Total cost (%)
4.444.44
Total cost (JPY)sort descendingTotal cost (USD)sort descending
754.808.88
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
750.008.82
Exchange rate margin (%)
0.77
Percentage difference between market reference rate 0.01 and exchange rate charged 0.010.77
Total cost (%)
5.185.18
Total cost (JPY)sort descendingTotal cost (USD)sort descending
880.6010.36
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
750.008.82
Exchange rate margin (%)
1.07
Percentage difference between market reference rate 0.07 and exchange rate charged 0.061.07
Total cost (%)
5.485.48
Total cost (JPY)sort descendingTotal cost (USD)sort descending
931.6010.96
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
750.008.82
Exchange rate margin (%)
1.30
Percentage difference between market reference rate 0.01 and exchange rate charged 0.011.30
Total cost (%)
5.715.71
Total cost (JPY)sort descendingTotal cost (USD)sort descending
970.7011.42
Firm
Brastel Remit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
880.0010.35
Exchange rate margin (%)
0.95
Percentage difference between market reference rate 0.07 and exchange rate charged 0.060.95
Total cost (%)
6.136.13
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,042.1012.26
Firm
JRF
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,450.0017.06
Exchange rate margin (%)
0.84
Percentage difference between market reference rate 0.07 and exchange rate charged 0.060.84
Total cost (%)
9.379.37
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,592.9018.74
Firm
Kyodai
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,500.0017.65
Exchange rate margin (%)
0.67
Percentage difference between market reference rate 0.07 and exchange rate charged 0.060.67
Total cost (%)
9.499.49
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,613.3018.98
Firm
Seven Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Transfer speed
Receiving method
Home delivery
Disbursing network coverage
Low
Fee
1,500.0017.65
Exchange rate margin (%)
0.93
Percentage difference between market reference rate 0.07 and exchange rate charged 0.060.93
Total cost (%)
9.759.75
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,657.5019.50
Firm
GoRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2,000.0023.53
Exchange rate margin (%)
0.03
Percentage difference between market reference rate 0.01 and exchange rate charged 0.010.03
Total cost (%)
11.7911.79
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,004.3023.58
Firm
Queen Bee Capital
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
800.009.41
Exchange rate margin (%)
7.24
Percentage difference between market reference rate 0.07 and exchange rate charged 0.067.24
Total cost (%)
11.9511.95
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,031.5023.90
Firm
GoRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2,000.0023.53
Exchange rate margin (%)
0.66
Percentage difference between market reference rate 0.01 and exchange rate charged 0.010.66
Total cost (%)
12.4212.42
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,111.4024.84
Firm
Japan Post Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
5,000.0058.82
Exchange rate margin (%)
0.81
Percentage difference between market reference rate 0.01 and exchange rate charged 0.010.81
Total cost (%)
30.2230.22
Total cost (JPY)sort descendingTotal cost (USD)sort descending
5,137.4060.44
Total Average Third Quarter
9.689.68
Total Average Second Quarter
9.959.95
Total Average
Fee
1,412.3116.62
Exchange Rate Margin (%)
1.371.37
Total Cost Percent (%)
9.689.68
Total Cost (JPY) Total Cost (USD)
1,644.9519.35
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day 2 days 3-5 days 6 days or more
Bank account Cash
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (JPY)sort descendingTotal cost (USD)sort descending
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
490.005.83
Exchange rate margin (%)
0.97
Percentage difference between market reference rate 0.07 and exchange rate charged 0.060.97
Total cost (%)
2.142.14
Total cost (JPY)sort descendingTotal cost (USD)sort descending
898.8010.70
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
750.008.93
Exchange rate margin (%)
0.77
Percentage difference between market reference rate 0.01 and exchange rate charged 0.010.77
Total cost (%)
2.552.55
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,071.0012.75
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
490.005.83
Exchange rate margin (%)
1.56
Percentage difference between market reference rate 0.01 and exchange rate charged 0.011.56
Total cost (%)
2.722.72
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,142.4013.60
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
750.008.93
Exchange rate margin (%)
1.07
Percentage difference between market reference rate 0.07 and exchange rate charged 0.061.07
Total cost (%)
2.862.86
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,201.2014.30
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
750.008.93
Exchange rate margin (%)
1.30
Percentage difference between market reference rate 0.01 and exchange rate charged 0.011.30
Total cost (%)
3.083.08
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,293.6015.40
Firm
Kyodai
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,500.0017.86
Exchange rate margin (%)
0.67
Percentage difference between market reference rate 0.07 and exchange rate charged 0.060.67
Total cost (%)
4.244.24
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,780.8021.20
Firm
JRF
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
1,450.0017.26
Exchange rate margin (%)
0.84
Percentage difference between market reference rate 0.07 and exchange rate charged 0.060.84
Total cost (%)
4.294.29
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,801.8021.45
Firm
Brastel Remit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
1,480.0017.62
Exchange rate margin (%)
0.95
Percentage difference between market reference rate 0.07 and exchange rate charged 0.060.95
Total cost (%)
4.484.48
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,881.6022.40
Firm
Seven Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Transfer speed
Receiving method
Home delivery
Disbursing network coverage
Low
Fee
1,500.0017.86
Exchange rate margin (%)
0.93
Percentage difference between market reference rate 0.07 and exchange rate charged 0.060.93
Total cost (%)
4.504.50
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,890.0022.50
Firm
GoRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2,000.0023.81
Exchange rate margin (%)
0.03
Percentage difference between market reference rate 0.01 and exchange rate charged 0.010.03
Total cost (%)
4.794.79
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,011.8023.95
Firm
GoRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent, Call Center, Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
2,000.0023.81
Exchange rate margin (%)
0.66
Percentage difference between market reference rate 0.01 and exchange rate charged 0.010.66
Total cost (%)
5.425.42
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,276.4027.10
Firm
Queen Bee Capital
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
800.009.52
Exchange rate margin (%)
7.24
Percentage difference between market reference rate 0.07 and exchange rate charged 0.067.24
Total cost (%)
9.149.14
Total cost (JPY)sort descendingTotal cost (USD)sort descending
3,838.8045.70
Firm
Japan Post Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
5,000.0059.52
Exchange rate margin (%)
0.81
Percentage difference between market reference rate 0.01 and exchange rate charged 0.010.81
Total cost (%)
12.7112.71
Total cost (JPY)sort descendingTotal cost (USD)sort descending
5,338.2063.55
Total Average Third Quarter
4.844.84
Total Average Second Quarter
5.225.22
Total Average
Fee
1,458.4617.36
Exchange Rate Margin (%)
1.371.37
Total Cost Percent (%)
4.844.84
Total Cost (JPY) Total Cost (USD)
2,032.8024.20
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day 2 days 3-5 days 6 days or more
Bank account Cash
Least Costly Corridors To China
Least Costly Corridors From Japan
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