Question 1

What's the best way to do Japan to Singapore money transfers?

Accepted Answer

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Japan to Singapore. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Japanese Yen to SGD.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send JPY to SGD in Singapore. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Singapore from Japan. We provide you with maximum choices to send money to Singapore by comparing competing money transfer companies thereby making you the winner in the end.

Question 2

How to get the best exchange rate for sending money from Japan to Singapore?

Accepted Answer

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your JPY to Singapore Dollar money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Japan to Singapore. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for JPY to SGD remittances. With our daily free rate alert, you will never have to manually search and compare providers again.

Question 3

What's the cheapest way for transferring money to Singapore from Japan?

Accepted Answer

When you want to send money to Singapore from Japan, you obviously want the cheapest possible option to maximize the money your recipient gets in Singapore Dollar. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your JPY to SGD money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Japan to Singapore. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Japan to Singapore exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Singapore Dollar overseas.

Question 4

Should I use my bank to transfer money from Japan to Singapore?

Accepted Answer

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low JPY to SGD exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Japan to Singapore money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Singapore from Japan. They do this by letting you fund your transaction through your local bank account in Japan, and by allowing you to choose the payout to be your recipient's bank account in Singapore. But, you are likely to get much better rates and lower fees compared to your bank.

Question 5

What is the fastest way to transfer money from Japan to Singapore?

Accepted Answer

It could be a stressful experience if you need to rush money quickly from Japan to Singapore. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert JPY to SGD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Singapore Dollar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Japan to Singapore money transfers.

Question 6

Which are the best money transfer companies to send money to Singapore from Japan?

Accepted Answer

The first step in selecting the best money transfer operators for Japan to Singapore remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Japanese Yen to Singapore Dollar money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Singapore.

Question 7

Step by step guide to send money from Japan to Singapore

Accepted Answer

The first step to send money to Singapore from Japan is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your JPY to SGD overseas funds transfer.

Click through to the provider's site and register an account.
Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
Add recipient information including their bank account in Singapore if paying via ACH direct deposit or bank transfer.
Enter your sending amount, and initiate a transaction.
Pay for your transaction via your Japan bank account or alternative methods like a debit card.
Sit back and relax, and see your money travel to Singapore!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Japan to Singapore.

1 JPY	0.01 SGD
5 JPY	0.04 SGD
10 JPY	0.08 SGD
25 JPY	0.21 SGD
50 JPY	0.41 SGD
100 JPY	0.82 SGD
150 JPY	1.23 SGD
200 JPY	1.64 SGD
250 JPY	2.05 SGD
300 JPY	2.46 SGD
400 JPY	3.28 SGD
500 JPY	4.10 SGD
600 JPY	4.92 SGD
700 JPY	5.74 SGD
800 JPY	6.56 SGD
1000 JPY	8.20 SGD
1500 JPY	12.30 SGD
2000 JPY	16.40 SGD
2500 JPY	20.50 SGD
3000 JPY	24.60 SGD
4000 JPY	32.80 SGD
5000 JPY	41.00 SGD
10000 JPY	82.00 SGD
15000 JPY	123.00 SGD
20000 JPY	164.00 SGD
30000 JPY	246.00 SGD
40000 JPY	328.00 SGD
50000 JPY	410.00 SGD
100000 JPY	820.00 SGD

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