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Sending money from JAPAN to CHINA

Data collected on: Nov 01, 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
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
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 (%)
0.68
Percentage difference between market reference rate 0.01 and exchange rate charged 0.010.68
Total cost (%)
2.972.97
Total cost (JPY)sort descendingTotal cost (USD)sort descending
504.905.94
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 (%)
1.30
Percentage difference between market reference rate 0.07 and exchange rate charged 0.061.30
Total cost (%)
5.715.71
Total cost (JPY)sort descendingTotal cost (USD)sort descending
970.7011.42
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 (%)
1.76
Percentage difference between market reference rate 0.01 and exchange rate charged 0.011.76
Total cost (%)
6.176.17
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,048.9012.34
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 (%)
1.46
Percentage difference between market reference rate 0.07 and exchange rate charged 0.061.46
Total cost (%)
6.646.64
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,128.8013.28
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 (%)
3.63
Percentage difference between market reference rate 0.01 and exchange rate charged 0.013.63
Total cost (%)
8.048.04
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,366.8016.08
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
1,500.0017.65
Exchange rate margin (%)
0.37
Percentage difference between market reference rate 0.07 and exchange rate charged 0.070.37
Total cost (%)
9.199.19
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,562.3018.38
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 (%)
0.98
Percentage difference between market reference rate 0.07 and exchange rate charged 0.060.98
Total cost (%)
9.809.80
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,666.0019.60
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 (%)
0.99
Percentage difference between market reference rate 0.07 and exchange rate charged 0.060.99
Total cost (%)
9.819.81
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,667.7019.62
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 (%)
1.55
Percentage difference between market reference rate 0.07 and exchange rate charged 0.061.55
Total cost (%)
10.0810.08
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,713.6020.16
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 (%)
0.02
Percentage difference between market reference rate 0.01 and exchange rate charged 0.010.02
Total cost (%)
11.7811.78
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,002.6023.56
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 (%)
7.10
Percentage difference between market reference rate 0.07 and exchange rate charged 0.067.10
Total cost (%)
11.8111.81
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,007.7023.62
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 (%)
0.33
Percentage difference between market reference rate 0.01 and exchange rate charged 0.010.33
Total cost (%)
12.1012.10
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,057.0024.20
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
2,000.0023.53
Exchange rate margin (%)
0.98
Percentage difference between market reference rate 0.01 and exchange rate charged 0.010.98
Total cost (%)
12.7512.75
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,167.5025.50
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
4,000.0047.06
Exchange rate margin (%)
0.98
Percentage difference between market reference rate 0.01 and exchange rate charged 0.010.98
Total cost (%)
24.5124.51
Total cost (JPY)sort descendingTotal cost (USD)sort descending
4,166.7049.02
Total Average Fourth Quarter 2019
9.179.17
Total Average Third Quarter 2019
9.689.68
Total Average
Fee
1,315.6315.48
Exchange Rate Margin (%)
1.431.43
Total Cost Percent (%)
9.179.17
Total Cost (JPY) Total Cost (USD)
1,558.4818.34
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 (%)
0.37
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
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 (%)
0.68
Percentage difference between market reference rate 0.01 and exchange rate charged 0.010.68
Total cost (%)
1.611.61
Total cost (JPY)sort descendingTotal cost (USD)sort descending
676.208.05
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 (%)
1.30
Percentage difference between market reference rate 0.07 and exchange rate charged 0.061.30
Total cost (%)
3.083.08
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,293.6015.40
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 (%)
1.76
Percentage difference between market reference rate 0.01 and exchange rate charged 0.011.76
Total cost (%)
3.543.54
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,486.8017.70
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
1,500.0017.86
Exchange rate margin (%)
0.37
Percentage difference between market reference rate 0.07 and exchange rate charged 0.070.37
Total cost (%)
3.943.94
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,654.8019.70
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 (%)
0.98
Percentage difference between market reference rate 0.07 and exchange rate charged 0.060.98
Total cost (%)
4.554.55
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,911.0022.75
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 (%)
0.99
Percentage difference between market reference rate 0.07 and exchange rate charged 0.060.99
Total cost (%)
4.564.56
Total cost (JPY)sort descendingTotal cost (USD)sort descending
1,915.2022.80
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 (%)
0.02
Percentage difference between market reference rate 0.01 and exchange rate charged 0.010.02
Total cost (%)
4.784.78
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,007.6023.90
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 (%)
1.46
Percentage difference between market reference rate 0.07 and exchange rate charged 0.061.46
Total cost (%)
4.994.99
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,095.8024.95
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 (%)
1.55
Percentage difference between market reference rate 0.07 and exchange rate charged 0.061.55
Total cost (%)
5.005.00
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,100.0025.00
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 (%)
0.33
Percentage difference between market reference rate 0.01 and exchange rate charged 0.010.33
Total cost (%)
5.095.09
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,137.8025.45
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 (%)
3.63
Percentage difference between market reference rate 0.01 and exchange rate charged 0.013.63
Total cost (%)
5.415.41
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,272.2027.05
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
2,000.0023.81
Exchange rate margin (%)
0.98
Percentage difference between market reference rate 0.01 and exchange rate charged 0.010.98
Total cost (%)
5.745.74
Total cost (JPY)sort descendingTotal cost (USD)sort descending
2,410.8028.70
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 (%)
7.10
Percentage difference between market reference rate 0.07 and exchange rate charged 0.067.10
Total cost (%)
9.019.01
Total cost (JPY)sort descendingTotal cost (USD)sort descending
3,784.2045.05
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
4,000.0047.62
Exchange rate margin (%)
0.98
Percentage difference between market reference rate 0.01 and exchange rate charged 0.010.98
Total cost (%)
10.5110.51
Total cost (JPY)sort descendingTotal cost (USD)sort descending
4,414.2052.55
Total Average Fourth Quarter 2019
4.654.65
Total Average Third Quarter 2019
4.844.84
Total Average
Fee
1,353.1316.11
Exchange Rate Margin (%)
1.431.43
Total Cost Percent (%)
4.654.65
Total Cost (JPY) Total Cost (USD)
1,953.2623.25
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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