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Send money from Canada to Japan(CAD → JPY)
CAD
JPY|Pricing observed Mid-market 110.7318Top-ranked estimateof 10 providers
TapTap Send
Rate 110.2556 · Fee free
You send
C$1,000
Estimated receipt
¥110,256
¥10,000 more than the lowest estimate · 0.43% markup vs mid-market
Affiliate link · No extra cost to you
Quick answer: For 1,000 CAD to JPY, TapTap Send ranks first among 10 provider estimates, with an estimated payout of 110,255.6 JPY. The first-ranked estimate pays 10,004.36 JPY more than the lowest estimate in this comparison.
Latest pricing observation: . Payouts are estimated from collected fees and markups with a mid-market reference. Collection schedules vary by source. Quotes are collected by currency pair, so we cannot confirm that every provider serves Canada specifically — check availability, funding method and delivery method with the provider before you commit. How we collect and rank quotes.
What is the cheapest way to send CAD to JPY?
Sending C$1,000 from Canada to Japan. Ranked by estimated payout, with customer ratings used for closely matched results.
Source: SendMoneyCompare · Estimated payouts from collected pricing and mid-market rates
#ProviderRateFeeRecipient getsSend
Rate 110.2556·Fee Free·0.43% markup
Best rate 3 of 3 days
↓ 1.7% over 3dAvg: 110.91 JPY (-0.6% vs avg)Range: 110.25–112.17
1
TapTap SendBest value
Under 3 minutes (95% of transfers)0.43% markup
Best rate 3 of 3 days
↓ 1.7% over 3dAvg: 110.91 JPY (-0.6% vs avg)Range: 110.25–112.17
110.2556
Free
¥110,255.60
Send
Rate 108.7939·Fee C$17.50·1.75% markup
Rate 107.6977·Fee C$27.40·2.74% markup
6
Royal Bank of Canada
1-3 business days
¥104,682.18
recipient gets
Rate 107.6645·Fee C$27.70·2.77% markup
Rate 106.5793·Fee C$37.50·3.75% markup
Rate 105.3613·Fee C$48.50·4.85% markup
Rate 110.1781·Fee Free·0.50% markup
Estimated payout difference: The first-ranked provider pays more than the lowest estimate by ¥10,004.36 on a C$1,000 transfer.
Some links on this page are affiliate links — we may earn a commission at no extra cost to you. Rankings come from live transfer data and are ordered by what your recipient receives. Whether a provider pays us plays no part in that order. Where payouts land within 0.1% of each other — less than rates typically move between our updates — the higher-rated provider is listed first. Editorial policy
Sending money from Canada to Japan? Compare real-time exchange rates and fees across leading money transfer services. Find the provider that gives you the best JPY amount today.
Whether you're supporting family in Japan or paying for business services, finding the cheapest way to send money from Canada matters. Exchange rate markups and transfer fees add up — especially on regular transfers. Our real-time comparison helps you cut costs by showing the exact amount your recipient gets from each provider.
Which provider offers the best CAD to JPY rate?
TapTap Send
4.7Exchange rate
110.2556
Fee
Free
Recipient gets
¥110,255.60
Speed
Under 3 minutes (95% of transfers)
Also available · Digital-asset rails
Crypto & stablecoin routes for CAD → JPY
For a tech-comfortable sender, stablecoin rails can beat every bank and app. These aren't one-tap services — each is a fiat on-ramp → blockchain → local cash-out. Here's the all-in cost and how each works.
CoincheckBitcoin · Lightning
Kraken → Lightning Network (BTC) → Coincheck (BTC) · ~1 second
110,278 JPY
0.59% all-in
+
CoincheckBitcoin · Lightning
Kraken → Lightning Network (BTC) → Coincheck (BTC) · ~1 second
110,278 JPY
0.59% all-in
- 1Kraken CAD→BTC: 0.26%
- 2Lightning Network network: 0.000001 BTC
- 3Coincheck (BTC): 0.01% spread
- 4407 JPY withdrawal fee
Source: Coincheck REST API
Crypto rails involve exchange accounts, wallets, and price/liquidity risk. Costs are estimates from live exchange and network data, refreshed every 6 hours. Not financial advice.
Guides, fees & how it works
Which provider is best for each transfer type?
Different providers excel at different things. Here's who's best for each use case on the Canada to Japan route.
Cheapest transfer
TapTap Send
Delivers the most JPY for your money
Fastest transfer
TapTap Send
Delivers in Under 3 minutes (95% of transfers)
Cash pickup
Remitly
Widest cash pickup network
Bank transfer
TapTap Send
Best rate for bank deposit to Japan
How to send money to Japan
Sending money to Japanis straightforward with the right provider. Here's how it works in 3 simple steps.
Step 1
Enter your transfer details
Choose how much CAD you want to send, compare providers above, and pick the one offering the best JPY amount for your transfer to Japan.
Step 2
Add your recipient
Enter your recipient's details in Japan — you'll need their bank account number. Complete the provider’s verification before expecting delivery.
Step 3
Send & track your transfer
Choose an available funding method, confirm the final payout and arrival estimate, then keep your tracking reference.
What you need to send money to Japan
Make sure you have these details from your recipient before starting your transfer.
Full name
Recipient's name in katakana or romaji as registered with the bank
Bank account number
7-digit Japanese bank account number
Example: 1234567
Branch code
3-digit branch code identifying the specific bank branch
Example: 001
Bank code
4-digit bank code (e.g. 0001 for Mizuho, 0005 for Mitsubishi UFJ)
Example: 0001
Account type
Ordinary (futsu) or current (toza) account type
Note: Japan does not use the IBAN system. Japanese bank transfers require a 4-digit bank code, 3-digit branch code, and 7-digit account number. The recipient's name must be in katakana — romaji (Latin letters) may cause delays if the bank requires katakana matching.
Transfer examples: CAD to JPY
See how much your recipient would get for common transfer amounts.
Send C$500
ProviderFeeReceives
TapTap Send
110.26 · Under 3 minutes (95% of transfers)
Wise
109.62 · ~4 business days
Remitly
108.79 · Minutes to 3-5 days
BNC
107.86 · 1-3 business days
Western Union
107.70 · 1 business day
Royal Bank of Canada
107.66 · 1-3 business days
ProviderFeeRateReceivesSpeed
TapTap SendFree110.26¥55,128Under 3 minutes (95% of transfers)
WiseC$5.00109.62¥54,264~4 business days
RemitlyC$8.75108.79¥53,445Minutes to 3-5 days
BNCC$12.95107.86¥52,5351-3 business days
Western UnionC$13.70107.70¥52,3731 business day
Royal Bank of CanadaC$13.85107.66¥52,3411-3 business days
Send C$1,000
ProviderFeeReceives
TapTap Send
110.26 · Under 3 minutes (95% of transfers)
Wise
109.62 · ~4 business days
Remitly
108.79 · Minutes to 3-5 days
BNC
107.86 · 1-3 business days
Western Union
107.70 · 1 business day
Royal Bank of Canada
107.66 · 1-3 business days
ProviderFeeRateReceivesSpeed
TapTap SendFree110.26¥110,256Under 3 minutes (95% of transfers)
WiseC$10.00109.62¥108,528~4 business days
RemitlyC$17.50108.79¥106,890Minutes to 3-5 days
BNCC$25.90107.86¥105,0701-3 business days
Western UnionC$27.40107.70¥104,7471 business day
Royal Bank of CanadaC$27.70107.66¥104,6821-3 business days
Send C$5,000
ProviderFeeReceives
TapTap Send
110.26 · Under 3 minutes (95% of transfers)
Wise
109.62 · ~4 business days
Remitly
108.79 · Minutes to 3-5 days
BNC
107.86 · 1-3 business days
Western Union
107.70 · 1 business day
Royal Bank of Canada
107.66 · 1-3 business days
ProviderFeeRateReceivesSpeed
TapTap SendFree110.26¥551,278Under 3 minutes (95% of transfers)
WiseC$50.00109.62¥542,641~4 business days
RemitlyC$87.50108.79¥534,450Minutes to 3-5 days
BNCC$129.50107.86¥525,3511-3 business days
Western UnionC$137.00107.70¥523,7341 business day
Royal Bank of CanadaC$138.50107.66¥523,4111-3 business days
How much does it cost to send money from Canada to Japan?
Transfer fees from Canada to Japan vary by provider. Specialist services charge C$0–10 per transfer, while banks charge C$25–50 plus a 2–5% exchange rate markup. The exchange rate markup is usually the bigger cost — always compare the total JPY your recipient receives, not just the advertised fee.
Understanding the total cost
The true cost of a money transfer has two components:
Transfer fee
The upfront charge — typically C$0–C$10 with specialist providers.
Exchange rate markup
The hidden cost — the difference between the provider's rate and the mid-market rate (110.7318).
Ways to send money to Japan
Choose how you want to pay for your transfer. Each payment method has different costs and speeds.
Bank deposit via the Zengin (Japanese Bankers Association) payment system is the primary method. Japan's banking system is highly reliable but can be strict about name matching — ensure the recipient's name exactly matches their bank records.
Debit Card
Medium costSpeed: Minutes to hours
Fast and convenient — small card processing fee applies
Bank Transfer
Low costSpeed: 1–3 business days
Usually the cheapest option — lowest fees and no card processing charges
Google Pay
Medium costSpeed: Minutes to hours
Convenient mobile payment — linked card fees apply
Apple Pay
Medium costSpeed: Minutes to hours
Convenient mobile payment — linked card fees apply
Credit Card
Higher costSpeed: Minutes to hours
Fastest option but highest fees — card issuer may charge cash advance fee
Cash
Medium costSpeed: Varies
Pay cash at an agent location — available at select providers
How can my recipient receive money in Japan?
Check these receiving options with the provider. Availability depends on the sending country, recipient and transfer conditions.
Bank Deposit
1–2 business days
Direct transfer to any Japanese bank account via the Zengin system. The standard method for domestic and international transfers.
WiseRemitlyWorldRemitWestern Union+1 more
Cash Pickup
Minutes
Collect cash at convenience stores (7-Eleven, FamilyMart), post offices, and agent locations across Japan.
Western UnionMoneyGram
What are the transfer limits and regulations for Japan?
Important rules and requirements to know before sending money to Japan.
Regulatory body
Financial Services Agency (FSA) of Japan
Inbound transfer limits
Transfers over JPY 1,000,000 (approx. $7,000) must be reported to the Bank of Japan
Documentation you may need
- Sender's government-issued photo ID
- Purpose of remittance for amounts over JPY 1,000,000
- Recipient's residence card (zairyu card) for non-Japanese nationals
Important things to know
- Japan's Foreign Exchange and Foreign Trade Act requires reporting of large cross-border transactions.
- The Zengin system processes transfers on business days only — weekend transfers settle on Monday.
- Japanese banks are strict about name matching — katakana names must match the account holder exactly.
- My Number (individual number) may be requested for tax reporting on large inbound transfers.
How long does it take to send money to Japan?
Most transfers from Canada to Japan arrive within 1–2 business days with specialist providers. Bank wires take 3–5 business days. Some providers offer instant or same-day delivery to Japan for a small premium.
Delivery times shown here are published by the providers and payment schemes. We do not measure when transfers actually arrive, so treat them as estimates and confirm the time with your provider before you send.
FastExpress delivery
- TapTap SendUnder 3 minutes (95% of transfers)
- RemitlyMinutes to 3-5 days
- PayPalInstant to 3 days
Standard delivery
- Wise~4 business days
- BNC1-3 business days
- Western Union1 business day
- Royal Bank of Canada1-3 business days
- BMO1-3 business days
Popular banks in Japan
These are the most commonly used banks for receiving international transfers in Japan.
BankSWIFT/BICNotes
MUFG Bank (Mitsubishi UFJ)
BOTKJPJT
Sumitomo Mitsui Banking Corporation (SMBC)
SMBCJPJT
Mizuho Bank
MHCBJPJT
Japan Post Bank (Yucho)
JABORJPJ
Resona Bank
DIWAJPJT
Rakuten Bank
RAKTJPJT
CAD to JPY Exchange Rate History
Daily best exchange rates from top providers over the last 3 days. Rates shown are for sending $100.
| Date | TapTap Send | __mid Market__ |
|---|---|---|
| Trend | ||
| Sep 12 | 110.2540✓ | 110.2540✓ |
| Sep 11 | 110.3070✓ | 110.3070✓ |
| Sep 10 | 112.1690✓ | 112.1690✓ |
Frequently asked questions
Common questions about sending money from Canada to Japan
What is the cheapest way to send money from Canada to Japan?
The cheapest option changes daily based on exchange rates. Use our comparison table above to see today's rates from every provider. Specialist services like Wise, Remitly, and OFX consistently offer better value than banks.
How long does it take to send money from Canada to Japan?
Most specialist providers deliver to Japan within 1–2 business days. Some offer instant delivery for certain payment methods. Bank wires typically take 3–5 business days.
How much does it cost to send C$1,000 from Canada to Japan?
Costs depend on the provider's fee and exchange rate markup. Compare all providers in our table above to see exactly how much JPY your recipient would receive from a C$1,000 transfer today.
Can I send money from Canada to Japan online?
Yes, all the providers we compare support online transfers from Canada to Japan. Most also offer mobile apps. You can typically pay by bank transfer, debit card, or credit card.
Is it better to use a bank or a money transfer service to send money to Japan?
Money transfer services are almost always cheaper. Banks typically charge C$25–50 per wire plus a 2–5% exchange rate markup. Specialist providers charge C$0–10 with markups under 1%, saving you significantly on every transfer to Japan.
More for this corridor
Everything about sending money to Japan
Recipient requirements, delivery methods, regulations, popular banks, and more.
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