Send money from Japan to Philippines(JPY → PHP)

Based on our comparison data, Wise and SBI Remit consistently deliver the most pesos per yen on the JPY to PHP corridor. Wise uses the real mid-market exchange rate with a transparent fee of around 0.6–1%, with no hidden markup. SBI Remit, which is optimized for Japan-to-Asia transfers, offers competitive rates with low flat fees. For a ¥100,000 transfer, using Wise or SBI Remit instead of a Japanese bank (MUFG, Mizuho, SMBC) saves PHP 1,500–4,000 in total cost. Western Union and MoneyGram are more expensive but offer the widest cash pickup networks. Remitly is also competitive on this corridor with promotional offers for new users.

Yes, GCash is supported as a delivery method by several providers serving the JPY to PHP corridor. SBI Remit, Remitly, and WorldRemit all offer direct GCash delivery, allowing near-instant receipt on the recipient's GCash mobile wallet. GCash has over 90 million registered users in the Philippines, making it the most widely adopted mobile wallet in the country. The recipient simply needs a GCash-registered mobile number. GCash funds can be withdrawn at over 60,000 partner locations, used to pay bills, shop online, or transferred to any Philippine bank account. This makes GCash delivery ideal for recipients who may not have a traditional bank account.

You have two options: send directly through your Japanese bank via SWIFT, or fund a digital transfer provider. Direct SWIFT transfers from Japanese banks (MUFG, Mizuho, SMBC, Resona) cost ¥4,000–¥7,000 in fees plus 1.5–3% exchange rate markup, and take 2–4 business days. The far cheaper option is to use a digital provider — fund your Wise, SBI Remit, or Remitly account via Japanese bank transfer (furikomi), which costs ¥0–¥500. The provider then converts at a competitive rate and delivers to the recipient's Philippine bank account, GCash, or cash pickup location. Most providers accept furikomi from any Japanese bank account and some accept credit card or convenience store payment.

Speed varies significantly by provider and delivery method. GCash mobile wallet delivery is near-instant once the provider processes the transfer. Cash pickup through Western Union, MoneyGram, and local partners like Cebuana Lhuillier is available within minutes. Bank deposits to Philippine banks (BDO, BPI, Metrobank, UnionBank) typically arrive within 1–2 business days via Wise or SBI Remit. Direct SWIFT transfers from Japanese banks are the slowest at 2–4 business days. Funding via furikomi (Japanese bank transfer) typically clears within the same business day if sent before the cutoff time, while convenience store payments may take 1–2 days to clear.

SBI Remit is a remittance subsidiary of SBI Holdings, one of Japan's largest financial groups. It is specifically designed for international money transfers from Japan and has built optimized payment rails for Asian corridors, particularly Japan to Philippines. SBI Remit offers competitive exchange rates, low fees, and direct partnerships with Philippine banks and GCash for fast delivery. The service is available in English, Filipino, and Japanese, making it accessible for Filipino workers in Japan. SBI Remit is regulated by Japan's Financial Services Agency (JFSA) and supports funding via Japanese bank transfer, convenience store payment, and ATM. For the JPY to PHP corridor specifically, SBI Remit is often the most cost-effective option alongside Wise.