Transfer Money to Japan from Australia

If you need to send money in person, you can head to a money changer near you. Here are our local city guides to find the best exchange rate:

• Sydney – The best rates and competitive transfer fees in Sydney are found on Pitt Street, George Street or occasionally in Haymarket.
• Melbourne – Money changers are located near Flinders Street Station in Melbourne, with the exception of United Currency in QV.
• Adelaide – Most money transfer locations in Adelaide are located on King William Street.
• Perth – You can send money through Ria Money Transfer, located in Morley, and Hai Ha Money Transfer in Girrawheen.

Brisbane – All the best places to send money internationally are located in the CBD, although they are spread out.

No, bank money transfers are not recommended. Compared to OFX, local banks will charge you more expensive rates and higher transfer fees. This is because they pass on the cost of using a physical storefront to you.

OFX charges a market rate, plus a small markup. This market rate is essentially a ‘wholesale’ rate that’s available only to large financial institutions or those who purchase large volumes of currency like OFX. To calculate the cost to send money to Japan, use OFX’s transfer rate calculator.

Unfortunately, there is no ‘best day to buy’. Exchanging foreign currency varies depending on the global demand and supply of goods and services, as well as political and economic conditions. So if you’re planning to send money to the Japan, there’s no better time than now.

Sending money online from Australia to Japan is usually cheaper. In-store money changers have to pay for rent, staff, and insurance, and these costs are usually transferred to you. Online money transfer providers don’t have these large costs, so they can provide better exchange rates and lower fees when you send money. Some stores may also have limited currency availability.

According to OFX, Spot rates are the current exchange rates at which specific currencies can be bought or sold on currency exchange markets. Spot rates fluctuate by the second.

It’s also known as the ‘interbank’, ‘wholesale’, ‘mid-market’ or ‘live’ rate. It’s also the rate that S Money offers for foreign currency in Australia.

If you’re looking to send money to Japan or make any international transfers, OFX is one of the best choices.

To begin, you’ll need to create a free account with OFX, or log in if you already have one. Once logged in, you can request a live quote for your transfer, which shows exactly how much your recipient will receive after fees and currency conversion.

You should also have all the necessary payment information for your recipient. Once your payment details are entered, you can specify the amount you wish to send. OFX will automatically calculate the converted amount in Japanese Yen and provide a transparent fee structure.

The most cost-effective way to transfer money to Japan is usually through bank transfers using OFX. Unlike traditional banks, OFX applies a small, transparent margin on the exchange rate instead of charging high fees. Customers can also receive fee-free transfers when sending AU$10,000 or over.

With OFX, there are no strict minimum or maximum limits for personal transfers, although the banks may double-check certain larger amounts. This flexibility makes it easy to send anything from a few hundred dollars for personal expenses to tens of thousands for tuition, property, or business purposes.

The best method depends on your priorities. If cost is the main concern, bank transfers are ideal. If speed is essential, credit or debit cards can provide faster delivery times. OFX combines competitive exchange rates with secure, reliable transfers, ensuring your money reaches the recipient safely and efficiently, regardless of the method you choose.

Transfers using credit or debit cards tend to be the fastest delivery method for sending money compared to bank transfers, often arriving at your destination country in one business day.

Delivery speeds from Australia to Japan using OFX take between one and two business days, depending on the currency, transfer method, and recipient bank. Large transfers may require additional verification, which could add a little extra time, but OFX keeps you informed throughout the process.

Yes, sending money to Japan with OFX is secure. The platform uses bank-level encryption, secure logins, and transaction monitoring to protect your funds and personal information. Additionally, OFX is a regulated financial institution, giving you peace of mind that your money is in safe hands.

You’ll need your recipient’s International Bank Account Number (IBAN) and Bank Code (BIC/SWIFT). We do not need your recipient’s email address or recipient’s phone number.