How to send money to Japan from Germany with the best EUR-JPY rate

A comparison of providers offering services between Germany and Japan is the easiest way to ensure the best deal.

For EUR/JPY

• Wise scored the highest of the 14 money transfer companies supporting EUR to JPY transfers. For example, sending 7,000 EUR to JPY will cost you €37.59 in fees, and you will receive 1,285,922 JPY. The delivery time usually is same day, but it depends on the day you make the transfer.

• Cheapest way to send money from Germany to Japan is with Key Currency. This includes the fee of 0 EUR and a EUR-JPY exchange rate for international transfers that is 0.25% different to the mid-market rate.

• Fastest way to transfer money to Japan from Germany is via Revolut. For example, if you send 7,000 EUR with Revolut to Japan, the transfer time is same day

We've compared 14 providers that offer services for sending Euro to Japan.

This ensures you will get the best options for your transfer to Japan from Germany.

Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Germany to Japan.

An exchange rate determines the price you will pay when buying Yen. A better exchange rate means more money reaching the recipient in Japan.

The current rate between the Euro and Yen is 183.8833.

The total cost of money transfers to Japan from Germany, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.

• The Mid-Market and Exchange Rates: The current mid-market for EUR-JPY is 183.8833 JPY per Euro.

• Fees: Some money transfers between Germany and Japan will be subject to fees. Key Currency has a fee of 0 EUR based on a 7,000 EUR transfer. Although you should search for your send amount for actual fees as your scenario may be different.

• Amount Received: Money transfer companies will show you the amount of Yen eventually received in Japan.

Waiting a day or two can help you get more JPY for the same amount of Euros.

A better option is to use a forward contract can also allows you to lock in an agreed exchange rate between Germany and Japan.

Paying via bank transfer is the payment method that will get you the best price with a money transfer company. When sending money from Germany to Japan.

Here are the best options:

Bank transfers

A bank transfer is often the default option for money transfers from Germany to Japan.

By using a money transfer company such as Key Currency to send money from Germany to Japan, you can while benefit from lower fees and more favorable exchange rates than a bank would offer. 


Debit and prepaid cards

Sending money from Germany to Japan with a prepaid or debit card is very easy with Wise.


Wise is a great choice for sending money with a debit card from Germany to Japan. This is from the 14 money transfer companies compared.

Credit cards

When it comes to credit card transfers from Germany to Japan, we recommend comparing your options to get the best deal.

Regulations are important for keeping your money safe, Germany and Japan have different regulations to consider.

Our directory of worldwide financial regulators contains details on regulation for money transfers between Germany and Japan.

Companies offering money transfers between Germany and Japan have minimum or maximum thresholds on how much money you can send.

Rates and fees for different transfer amounts could change if you pass a threshold - that’s why it’s best to compare EUR-JPY rates for your specific transfer amount.

For regular transfers from Germany to Japan, shopping around each time can make a huge difference.

We’ve recommended Wise for sending EUR to Japan, because of their combination of rates and fees when sending from Germany to Japan that is the most competitive, even at larger amounts.

Check with the recipient and understand any declarations needed on large amounts of money entering Japan from Germany.

There are different ways to receive Yen in Japan. The most popular options are direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account.

All providers work differently and not all offering transfers from Germany to Japan support every method for receiving Yen so it’s best to check ahead of time.

Sending directly to a bank account in Japan is one of the most common ways to receive money from Germany. For most part, this is convenient but does have receiving fees to potentially be aware of.

Wise is the best company for bank transfers between Germany and Japan.

Cash pickup is popular in Japan, but not always supported and can be costly compared to cheaper options.

Mobile wallet or P2P services and payment apps like PayPal, Zelle, and CashApp are popular because of convenience. They come with more limitations and higher costs compared to money transfer providers like Revolut, and are recommended for domestic payments only.

When sending Yen to Japan, you will need to verify your ID with your chosen money transfer company.

The documents you need will vary and in some cases you might need more than one.

For the most part, accepted IDs in Germany include government issued IDs such as passports or driver's licenses. If the recipient needs an ID to collect money in Japan, the options are similar.

Large transactions between Germany and Japan can be subject to additional checks such as proof of funds for anti-money laundering purposes. These won’t be needing when signing up, but will be need ahead of any transfer.

One of the reasons Wise has scored so highly for transfers to Japan is their easy sign up process in Germany.

When sending money between Germany and Japan there will be tax declarations to consider.

Some transfers into Yen may need to be reported to tax authorities in Japan and Germany, depending on size and particularly where inheritance or property purchases are involved.

Tax limits and personal allowances will change in Japan based on age, income and a few other elements - such as whether the funds are a gift. Tax law can be confusing, when in doubt, please contact a tax professional in Germany or Japan to discuss your personal circumstances to ensure you are not missing any specific tax declarations associated with your international money transfer.