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Send money from Hong Kong to Japan(HKD → JPY)
HKD
JPY|Updated recentlyMid-market 20.3275Cheapest todayof 10 providers
Western Union
Rate 20.2584 · Fee HK$17.00
You send
HK$5,000
Recipient gets
¥100,948
¥120 more than the most expensive provider · 0.34% markup vs mid-market
Affiliate link · No extra cost to you
Quick answer: The cheapest way to send money from Hong Kong to Japan in August 2026 is Western Union, which delivers 100,947.74 JPY on a 5,000 HKD transfer with a fee of HK$17.00. According to SendMoneyCompare's comparison of 10 providers updated every 6 hours, the difference between the cheapest and most expensive provider on this corridor is 123 JPY.
Last reviewed: by Awais Imran, Reviews Editor
What is the cheapest way to send HKD to JPY?
Sending HK$5,000 from Hong Kong to Japan. Sorted by best value — most money received.
Source: SendMoneyCompare · Data updated every 6 hours from live provider APIs
#ProviderRateFeeRecipient gets
Rate 20.2584·Fee HK$17.00·0.34% markup
Rate 20.2035·Fee HK$30.50·0.61% markup
Rate 20.0308·Fee HK$73.00·1.46% markup
Rate 19.9921·Fee HK$82.50·1.65% markup
Rate 19.9881·Fee HK$83.50·1.67% markup
Rate 19.9881·Fee HK$83.50·1.67% markup
Rate 19.7848·Fee HK$133.50·2.67% markup
Rate 19.6628·Fee HK$163.50·3.27% markup
Rate 19.3782·Fee HK$233.50·4.67% markup
Rate 20.1649·Fee Free·0.80% markup
Potential savings: Choosing the best provider over the most expensive saves your recipient ¥123.14 on a HK$5,000 transfer.
Some links on this page are affiliate links. We may earn a commission at no extra cost to you. This does not affect our rankings, which are based on real transfer data. Editorial policy
Looking for cheap money transfers from Hong Kong to Japan? We compare exchange rates, fees, and delivery times from every major provider to help you save on every transfer.
Money transfers from Hong Kong to Japan are a vital lifeline for families and businesses. With dozens of providers competing for this corridor, rates and fees vary widely. Specialist money transfer companies often beat bank rates by 2–4%, potentially saving you hundreds of HKD per year. Use our comparison to find today's best deal.
Which provider offers the best HKD to JPY rate?
Western Union
4.3Exchange rate
20.2584
Fee
HK$17.00
Recipient gets
¥100,947.74
Speed
1 business day
Also available · Digital-asset rails
Crypto & stablecoin routes for HKD → 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
HashKey → Lightning Network (BTC) → Coincheck (BTC) · ~1 second
101,288 JPY
0.25% all-in
+
CoincheckBitcoin · Lightning
HashKey → Lightning Network (BTC) → Coincheck (BTC) · ~1 second
101,288 JPY
0.25% all-in
- 1HashKey HKD→BTC: 0.12%
- 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.
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Example alert
GBP → INR · cheapest just changed
Sending £1,000 today? The top provider on this corridor now lands about ₹1,180 more than yesterday’s best — the bank wire is still ₹9,400 behind.
sendmoneycompare.com/send-money/uk-to-india
09:12USD → PHP · watch the funding fee
Two providers added a card-funding fee this morning. Paying by bank transfer is now the cheaper route on this corridor.
Thu 16:40Guides, 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 Hong Kong to Japan route.
Cheapest transfer
Western Union
Delivers the most JPY for your money
Fastest transfer
PayPal
Delivers in Instant to 3 days
Cash pickup
Western Union
Widest cash pickup network
Bank transfer
Western Union
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 HKD 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. Most providers verify details instantly.
Step 3
Send & track your transfer
Pay using bank transfer, debit card, or credit card. Track your money in real-time until it arrives — bank deposit typically takes 1–2 business days.
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: HKD to JPY
See how much your recipient would get for common transfer amounts.
Send HK$500
ProviderFeeReceives
Western Union
20.26 · 1 business day
Wise
20.20 · 1-2 business days
Hang Seng
20.03 · 1-3 business days
China Construction Bank HK
19.99 · 1-3 business days
HSBC HK
19.99 · 1-3 business days
OCBC Wing Hang Bank
19.99 · 1-3 business days
ProviderFeeRateReceivesSpeed
Western UnionHK$1.7020.26¥10,0951 business day
WiseHK$3.0520.20¥10,0401-2 business days
Hang SengHK$7.3020.03¥9,8691-3 business days
China Construction Bank HKHK$8.2519.99¥9,8311-3 business days
HSBC HKHK$8.3519.99¥9,8271-3 business days
OCBC Wing Hang BankHK$8.3519.99¥9,8271-3 business days
Send HK$1,000
ProviderFeeReceives
Western Union
20.26 · 1 business day
Wise
20.20 · 1-2 business days
Hang Seng
20.03 · 1-3 business days
China Construction Bank HK
19.99 · 1-3 business days
HSBC HK
19.99 · 1-3 business days
OCBC Wing Hang Bank
19.99 · 1-3 business days
ProviderFeeRateReceivesSpeed
Western UnionHK$3.4020.26¥20,1901 business day
WiseHK$6.1020.20¥20,0801-2 business days
Hang SengHK$14.6020.03¥19,7381-3 business days
China Construction Bank HKHK$16.5019.99¥19,6621-3 business days
HSBC HKHK$16.7019.99¥19,6541-3 business days
OCBC Wing Hang BankHK$16.7019.99¥19,6541-3 business days
Send HK$5,000
ProviderFeeReceives
Western Union
20.26 · 1 business day
Wise
20.20 · 1-2 business days
Hang Seng
20.03 · 1-3 business days
China Construction Bank HK
19.99 · 1-3 business days
HSBC HK
19.99 · 1-3 business days
OCBC Wing Hang Bank
19.99 · 1-3 business days
ProviderFeeRateReceivesSpeed
Western UnionHK$17.0020.26¥100,9481 business day
WiseHK$30.5020.20¥100,4021-2 business days
Hang SengHK$73.0020.03¥98,6921-3 business days
China Construction Bank HKHK$82.5019.99¥98,3111-3 business days
HSBC HKHK$83.5019.99¥98,2711-3 business days
OCBC Wing Hang BankHK$83.5019.99¥98,2711-3 business days
How much does it cost to send money from Hong Kong to Japan?
Transfer fees from Hong Kong to Japan vary by provider. Specialist services charge HK$0–10 per transfer, while banks charge HK$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 HK$0–HK$10 with specialist providers.
Exchange rate markup
The hidden cost — the difference between the provider's rate and the mid-market rate (20.3275).
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.
Bank Transfer
Low costSpeed: 1–3 business days
Usually the cheapest option — lowest fees and no card processing charges
Debit Card
Medium costSpeed: Minutes to hours
Fast and convenient — small card processing fee applies
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
Apple Pay
Medium costSpeed: Minutes to hours
Convenient mobile payment — linked card fees apply
How can my recipient receive money in Japan?
Your recipient in Japan can receive money through these delivery methods. The best option depends on their location and preferences.
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 Hong Kong 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.
FastExpress delivery
- PayPalInstant to 3 days
Standard delivery
- Western Union1 business day
- Wise1-2 business days
- Hang Seng1-3 business days
- China Construction Bank HK1-3 business days
- HSBC HK1-3 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
Frequently asked questions
Common questions about sending money from Hong Kong to Japan
What is the cheapest way to send money from Hong Kong 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 Hong Kong 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 HK$5,000 from Hong Kong 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 HK$5,000 transfer today.
Can I send money from Hong Kong to Japan online?
Yes, all the providers we compare support online transfers from Hong Kong 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 HK$25–50 per wire plus a 2–5% exchange rate markup. Specialist providers charge HK$0–10 with markups under 1%, saving you significantly on every transfer to Japan.
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