Remittance Prices Worldwide

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Sending money from JAPAN to CHINA

Data collected on: May 15, 2020
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
390.004.59
Exchange rate margin (%)
0.23
Percentage difference between market reference rate 0.01 and exchange rate charged 0.010.23
Total cost (%)
2.522.52
Total cost (JPY)sort descendingTotal cost (USD)sort descending
428.405.04
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
390.004.59
Exchange rate margin (%)
0.37
Percentage difference between market reference rate 0.07 and exchange rate charged 0.070.37
Total cost (%)
2.662.66
Total cost (JPY)sort descendingTotal cost (USD)sort descending
452.205.32
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
390.004.59
Exchange rate margin (%)
0.37
Percentage difference between market reference rate 0.07 and exchange rate charged 0.070.37
Total cost (%)
2.662.66
Total cost (JPY)sort descendingTotal cost (USD)sort descending
452.205.32
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 (%)
1.13
Percentage difference between market reference rate 0.07 and exchange rate charged 0.071.13
Total cost (%)
5.545.54
Total cost (JPY)sort descendingTotal cost (USD)sort descending
941.8011.08
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 (%)
1.47
Percentage difference between market reference rate 0.01 and exchange rate charged 0.011.47
Total cost (%)
5.885.88
Total cost (JPY)sort descendingTotal cost (USD)sort descending
999.6011.76
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
850.0010.00
Exchange rate margin (%)
1.20
Percentage difference between market reference rate 0.07 and exchange rate charged 0.071.20
Total cost (%)
6.206.20
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,054.0012.40
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 (%)
1.29
Percentage difference between market reference rate 0.07 and exchange rate charged 0.071.29
Total cost (%)
6.466.46
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,098.2012.92
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 (%)
2.52
Percentage difference between market reference rate 0.01 and exchange rate charged 0.012.52
Total cost (%)
6.936.93
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,178.1013.86
Firm
Seven Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Low
Fee
1,500.0017.65
Exchange rate margin (%)
0.71
Percentage difference between market reference rate 0.07 and exchange rate charged 0.070.71
Total cost (%)
9.549.54
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,621.8019.08
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
2,000.0023.53
Exchange rate margin (%)
0.37
Percentage difference between market reference rate 0.07 and exchange rate charged 0.070.37
Total cost (%)
12.1312.13
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,062.1024.26
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 (%)
1.12
Percentage difference between market reference rate 0.01 and exchange rate charged 0.011.12
Total cost (%)
12.8912.89
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,191.3025.78
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 (%)
1.53
Percentage difference between market reference rate 0.01 and exchange rate charged 0.011.53
Total cost (%)
13.2913.29
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,259.3026.58
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
980.0011.53
Exchange rate margin (%)
8.43
Percentage difference between market reference rate 0.07 and exchange rate charged 0.068.43
Total cost (%)
14.1914.19
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,412.3028.38
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 (%)
6.72
Percentage difference between market reference rate 0.07 and exchange rate charged 0.066.72
Total cost (%)
15.5415.54
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,641.8031.08
Firm
Japan Post Bank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
3,000.0035.29
Exchange rate margin (%)
1.96
Percentage difference between market reference rate 0.01 and exchange rate charged 0.011.96
Total cost (%)
19.6119.61
Total cost (JPY)sort descendingTotal cost (USD)sort descending
3,333.7039.22
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
7,500.0088.24
Exchange rate margin (%)
1.96
Percentage difference between market reference rate 0.01 and exchange rate charged 0.011.96
Total cost (%)
46.0846.08
Total cost (JPY)sort descendingTotal cost (USD)sort descending
7,833.6092.16
Total Average Second Quarter
11.3811.38
Total Average First Quarter
9.209.20
Total Average
Fee
1,601.8818.85
Exchange Rate Margin (%)
1.961.96
Total Cost Percent (%)
11.3811.38
Total Cost (JPY) Total Cost (USD)
1,935.0322.77
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next 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
390.004.64
Exchange rate margin (%)
0.23
Percentage difference between market reference rate 0.01 and exchange rate charged 0.010.23
Total cost (%)
1.161.16
Total cost (JPY)sort descendingTotal cost (USD)sort descending
487.205.80
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
390.004.64
Exchange rate margin (%)
0.37
Percentage difference between market reference rate 0.07 and exchange rate charged 0.070.37
Total cost (%)
1.301.30
Total cost (JPY)sort descendingTotal cost (USD)sort descending
546.006.50
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
390.004.64
Exchange rate margin (%)
0.37
Percentage difference between market reference rate 0.07 and exchange rate charged 0.070.37
Total cost (%)
1.301.30
Total cost (JPY)sort descendingTotal cost (USD)sort descending
546.006.50
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
750.008.93
Exchange rate margin (%)
1.13
Percentage difference between market reference rate 0.07 and exchange rate charged 0.071.13
Total cost (%)
2.922.92
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,226.4014.60
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
850.0010.12
Exchange rate margin (%)
1.20
Percentage difference between market reference rate 0.07 and exchange rate charged 0.071.20
Total cost (%)
3.223.22
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,352.4016.10
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 (%)
1.47
Percentage difference between market reference rate 0.01 and exchange rate charged 0.011.47
Total cost (%)
3.263.26
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,369.2016.30
Firm
Seven Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch, Call Center, Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
Low
Fee
1,500.0017.86
Exchange rate margin (%)
0.71
Percentage difference between market reference rate 0.07 and exchange rate charged 0.070.71
Total cost (%)
4.294.29
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,801.8021.45
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 (%)
2.52
Percentage difference between market reference rate 0.01 and exchange rate charged 0.012.52
Total cost (%)
4.304.30
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,806.0021.50
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 (%)
1.29
Percentage difference between market reference rate 0.07 and exchange rate charged 0.071.29
Total cost (%)
4.814.81
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,020.2024.05
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
2,000.0023.81
Exchange rate margin (%)
0.37
Percentage difference between market reference rate 0.07 and exchange rate charged 0.070.37
Total cost (%)
5.135.13
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,154.6025.65
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 (%)
1.12
Percentage difference between market reference rate 0.01 and exchange rate charged 0.011.12
Total cost (%)
5.885.88
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,469.6029.40
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 (%)
1.53
Percentage difference between market reference rate 0.01 and exchange rate charged 0.011.53
Total cost (%)
6.296.29
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,641.8031.45
Firm
Japan Post Bank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
3,000.0035.71
Exchange rate margin (%)
1.96
Percentage difference between market reference rate 0.01 and exchange rate charged 0.011.96
Total cost (%)
9.119.11
Total cost (JPY)sort descendingTotal cost (USD)sort descending
3,826.2045.55
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 (%)
6.72
Percentage difference between market reference rate 0.07 and exchange rate charged 0.066.72
Total cost (%)
10.2910.29
Total cost (JPY)sort descendingTotal cost (USD)sort descending
4,321.8051.45
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
1,480.0017.62
Exchange rate margin (%)
8.43
Percentage difference between market reference rate 0.07 and exchange rate charged 0.068.43
Total cost (%)
11.9511.95
Total cost (JPY)sort descendingTotal cost (USD)sort descending
5,019.0059.75
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
7,500.0089.29
Exchange rate margin (%)
1.96
Percentage difference between market reference rate 0.01 and exchange rate charged 0.011.96
Total cost (%)
19.8219.82
Total cost (JPY)sort descendingTotal cost (USD)sort descending
8,324.4099.10
Total Average Second Quarter
5.945.94
Total Average First Quarter
4.634.63
Total Average
Fee
1,670.6319.89
Exchange Rate Margin (%)
1.961.96
Total Cost Percent (%)
5.945.94
Total Cost (JPY) Total Cost (USD)
2,494.5429.70
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next 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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