Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

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Sending money from JAPAN to VIETNAM

Data collected on: May 14, 2024-May 31, 2024
JPY | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (JPY)sort descendingTotal cost (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Brastel Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
390.004.59
-0.11
Percentage difference between market reference rate 161.44 and exchange rate charged 161.61
-0.11
2.182.18
370.604.36
SMTJ
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Low
400.004.71
0.23
Percentage difference between market reference rate 161.87 and exchange rate charged 161.50
0.23
2.582.58
438.605.16
SMTJ
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
400.004.71
0.23
Percentage difference between market reference rate 161.87 and exchange rate charged 161.50
0.23
2.582.58
438.605.16
SMTJ
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
400.004.71
0.23
Percentage difference between market reference rate 161.87 and exchange rate charged 161.50
0.23
2.582.58
438.605.16
JRF
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
360.004.24
0.65
Percentage difference between market reference rate 162.05 and exchange rate charged 161.00
0.65
2.772.77
470.905.54
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
483.845.69
0.01
Percentage difference between market reference rate 162.68 and exchange rate charged 162.67
0.01
2.862.86
486.205.72
DCOM Money Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
400.004.71
0.58
Percentage difference between market reference rate 162.44 and exchange rate charged 161.50
0.58
2.932.93
498.105.86
JRF
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
390.004.59
0.65
Percentage difference between market reference rate 162.05 and exchange rate charged 161.00
0.65
2.942.94
499.805.88
JRF
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
390.004.59
0.65
Percentage difference between market reference rate 162.05 and exchange rate charged 161.00
0.65
2.942.94
499.805.88
Kyodai
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
460.005.41
0.50
Percentage difference between market reference rate 161.81 and exchange rate charged 161.00
0.50
3.213.21
545.706.42
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
460.005.41
0.61
Percentage difference between market reference rate 161.98 and exchange rate charged 161.00
0.61
3.323.32
564.406.64
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
400.004.71
1.05
Percentage difference between market reference rate 163.37 and exchange rate charged 161.66
1.05
3.403.40
578.006.80
JRF
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
390.004.59
1.14
Percentage difference between market reference rate 162.85 and exchange rate charged 161.00
1.14
3.433.43
583.106.86
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
400.004.71
1.23
Percentage difference between market reference rate 163.35 and exchange rate charged 161.33
1.23
3.583.58
608.607.16
JME
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
599.007.05
0.52
Percentage difference between market reference rate 161.89 and exchange rate charged 161.05
0.52
4.044.04
686.808.08
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
1,500.0017.65
1.46
Percentage difference between market reference rate 161.97 and exchange rate charged 159.60
1.46
10.2810.28
1,747.6020.56
Seven Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1,500.0017.65
2.13
Percentage difference between market reference rate 162.20 and exchange rate charged 158.74
2.13
10.9510.95
1,861.5021.90
Japan Post Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
3,000.0035.29
2.78
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.78
20.4320.43
3,473.1040.86
Total Average Second Quarter
4.834.83
Total Average First Quarter
4.304.30
Total Average
Fee
684.608.05
Exchange Rate Margin (%)
0.810.81
Total Cost Percent (%)
4.834.83
Total Cost (JPY) Total Cost (USD)
821.679.67
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash
Payment instrument
Access point
Sending network coverage
Receiving method
SMTJ
Firm type: Money Transfer Operator
Payment instrument
Access point
Call Center
Sending network coverage
High
Receiving method
Low
400.004.76
0.23
Percentage difference between market reference rate 161.87 and exchange rate charged 161.50
0.23
1.181.18
495.605.90
SMTJ
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
400.004.76
0.23
Percentage difference between market reference rate 161.87 and exchange rate charged 161.50
0.23
1.181.18
495.605.90
SMTJ
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
400.004.76
0.23
Percentage difference between market reference rate 161.87 and exchange rate charged 161.50
0.23
1.181.18
495.605.90
Kyodai
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
460.005.48
0.50
Percentage difference between market reference rate 161.81 and exchange rate charged 161.00
0.50
1.601.60
672.008.00
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
460.005.48
0.61
Percentage difference between market reference rate 161.98 and exchange rate charged 161.00
0.61
1.711.71
718.208.55
Wise
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
740.968.82
0.01
Percentage difference between market reference rate 162.68 and exchange rate charged 162.67
0.01
1.771.77
743.408.85
Brastel Remit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
880.0010.48
-0.11
Percentage difference between market reference rate 161.44 and exchange rate charged 161.61
-0.11
1.991.99
835.809.95
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
High
400.004.76
1.05
Percentage difference between market reference rate 163.37 and exchange rate charged 161.66
1.05
2.002.00
840.0010.00
JRF
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
626.007.45
0.65
Percentage difference between market reference rate 162.05 and exchange rate charged 161.00
0.65
2.142.14
898.8010.70
JRF
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
629.007.49
0.65
Percentage difference between market reference rate 162.05 and exchange rate charged 161.00
0.65
2.152.15
903.0010.75
JRF
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Medium
629.007.49
0.65
Percentage difference between market reference rate 162.05 and exchange rate charged 161.00
0.65
2.152.15
903.0010.75
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
Medium
Receiving method
Medium
400.004.76
1.23
Percentage difference between market reference rate 163.35 and exchange rate charged 161.33
1.23
2.182.18
915.6010.90
JRF
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Medium
629.007.49
1.14
Percentage difference between market reference rate 162.85 and exchange rate charged 161.00
1.14
2.642.64
1,108.8013.20
JME
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
999.0011.89
0.52
Percentage difference between market reference rate 161.89 and exchange rate charged 161.05
0.52
2.902.90
1,218.0014.50
DCOM Money Express
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
Low
1,000.0011.90
0.58
Percentage difference between market reference rate 162.44 and exchange rate charged 161.50
0.58
2.962.96
1,243.2014.80
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
1,500.0017.86
1.46
Percentage difference between market reference rate 161.97 and exchange rate charged 159.60
1.46
5.035.03
2,112.6025.15
Seven Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
1,500.0017.86
2.13
Percentage difference between market reference rate 162.20 and exchange rate charged 158.74
2.13
5.705.70
2,394.0028.50
Japan Post Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Medium
3,000.0035.71
2.78
Percentage difference between market reference rate 0.01 and exchange rate charged 0.01
2.78
9.929.92
4,166.4049.60
Total Average Second Quarter
2.802.80
Total Average First Quarter
2.502.50
Total Average
Fee
836.289.96
Exchange Rate Margin (%)
0.810.81
Total Cost Percent (%)
2.802.80
Total Cost (JPY) Total Cost (USD)
1,175.5313.99
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day Next day 2 days 3-5 days
Bank account Cash