🇮🇳 Japan to India Transfer Comparison — ¥100,000
| Service | Recipient gets (INR) | Fee | Speed | Best for |
|---|---|---|---|---|
| 🏆 Wise | ~₹48,200 | ~¥500–700 | Instant–2 days | Most people |
| SBI Remit | ~₹47,400 | ¥300–500 | Same day | Cash pickup |
| Remitly | ~₹47,800 | Varies | Minutes (Express) | Speed priority |
| Japanese Bank | ~₹46,100 | ¥3,000–5,000 | 2–5 days | Avoid for regular use |
📋 What Your Recipient Needs (India)
🏦 For bank transfer (most common)
- Full name (exactly as on bank account)
- Bank account number
- IFSC code (11-character branch identifier — e.g., SBIN0001234)
- Bank name and branch
📱 For UPI transfer (fastest — supported by Wise)
- UPI ID only (e.g., name@upi, phone@gpay)
- Money arrives in minutes via IMPS
- No bank account details needed
- Works with Google Pay, PhonePe, Paytm, BHIM
Wise supports UPI ID — use it for instant delivery
When sending to India via Wise, choose "UPI ID" as the delivery method. Your recipient gets the money in minutes — no waiting for bank processing. This is faster and easier than a full bank transfer.
🏆 Wise — Best Overall for Japan to India
✓ Real mid-market JPY/INR rate
✓ Supports UPI ID (instant delivery)
✓ Supports NRE and NRO accounts
✓ Delivery in minutes via IMPS
✓ Transparent fees from 0.41%
✗ No cash pickup option
⚠️ India-Specific Tips
📋
LRS limit: $250,000 USD per year
Under India's Liberalised Remittance Scheme, residents can receive up to $250,000 per financial year without tax issues. Most regular salary transfers are well within this limit.
🏦
NRE vs NRO accounts
If your recipient has an NRE (Non-Resident External) account, transfers from abroad go directly with no tax on interest. NRO accounts are for India-sourced income. Wise supports both.
⏰
Bank hours matter for SWIFT transfers
Indian bank SWIFT transfers process during banking hours (Mon–Fri, 10am–4pm IST). IMPS via UPI works 24/7. For urgent transfers, use UPI via Wise.
🇮🇳 Japan → India
Send money to India at the real exchange rate
Wise supports UPI, IMPS, NRE and NRO accounts. Instant delivery available. Free to set up.