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HDFC Bank · India → Japan

HDFC Bank to Japan: what it actually costs to send JPY from India

At ₹1,00,000, HDFC Bank charges ₹1,360 — the 4th-cheapest of 6 banks for JPY. State Bank of India is ₹1,180 cheaper.

Last updated 9 Oct 2026

Fee breakdown

  • Commission ₹1,000
  • GST Commission ₹180
  • GST Exchange ₹180
  • Total at ₹1,00,000₹1,360

JPY rate trend at HDFC Bank

Today HDFC Bank sells JPY at ₹0.6354 (TT Selling) and buys it at ₹0.5873 (TT Buying). The selling rate is +0.0041 (+0.65%) since 2 Oct and +0.0178 (+2.88%) since 1 Sep.

  • 30-day TT Selling range: ₹0.6300 – ₹0.6441 across 15 refreshes.
  • ₹1,00,000 bought between 155255.40 and 158730.16 JPY over that window, before charges.
HDFC Bank JPY TT selling and TT buying rates, last 90 days16 Jul: TT Selling ₹0.6170 · TT Buying ₹0.570420 Jul: TT Selling ₹0.6172 · TT Buying ₹0.570529 Jul: TT Selling ₹0.6080 · TT Buying ₹0.562031 Jul: TT Selling ₹0.6167 · TT Buying ₹0.56981 Aug: TT Selling ₹0.6167 · TT Buying ₹0.56984 Aug: TT Selling ₹0.6287 · TT Buying ₹0.58107 Aug: TT Selling ₹0.6250 · TT Buying ₹0.577524 Aug: TT Selling ₹0.6252 · TT Buying ₹0.57791 Sep: TT Selling ₹0.6176 · TT Buying ₹0.570711 Sep: TT Selling ₹0.6441 · TT Buying ₹0.595314 Sep: TT Selling ₹0.6441 · TT Buying ₹0.595321 Sep: TT Selling ₹0.6346 · TT Buying ₹0.586423 Sep: TT Selling ₹0.6302 · TT Buying ₹0.582524 Sep: TT Selling ₹0.6300 · TT Buying ₹0.582428 Sep: TT Selling ₹0.6314 · TT Buying ₹0.583429 Sep: TT Selling ₹0.6342 · TT Buying ₹0.586330 Sep: TT Selling ₹0.6356 · TT Buying ₹0.58771 Oct: TT Selling ₹0.6313 · TT Buying ₹0.58322 Oct: TT Selling ₹0.6313 · TT Buying ₹0.58325 Oct: TT Selling ₹0.6324 · TT Buying ₹0.58426 Oct: TT Selling ₹0.6343 · TT Buying ₹0.58637 Oct: TT Selling ₹0.6352 · TT Buying ₹0.58718 Oct: TT Selling ₹0.6355 · TT Buying ₹0.58749 Oct: TT Selling ₹0.6354 · TT Buying ₹0.58730.640.5616 Jul9 Oct
TT Selling (when you send)TT Buying (when you receive)24 refreshes · INR per 1 JPY · hover a point for its values

All HDFC Bank forex rates today →

What's specific to JPY at HDFC Bank

HDFC Bank's fee lines don't vary by destination currency — the breakdown above applies to every corridor it supports; only the exchange rate changes.

Receiving in Japan

  • Japanese accounts are identified by the bank code, branch code, 7-digit account number and account type (ordinary/futsu); the SWIFT/BIC code routes the wire. Beneficiary names are often required in katakana exactly as registered with the bank.
  • Japanese banks commonly charge the recipient an incoming international remittance fee (often JPY 1,500–2,500 at the megabanks), and a separate "lifting charge" may apply; confirm with the beneficiary's bank.
  • Japan Post Bank and some online banks have their own SWIFT arrangements; get the exact wiring details from the beneficiary rather than from a bank website.

Japan is 3.5 hours ahead of IST; a transfer sent in the Indian morning often credits the next Japanese business day.

How this compares

State Bank of India is ₹1,180 cheaper than HDFC Bank for sending JPY to Japan.

See the full side-by-side →

HDFC Bank — Things to know

Applies to:Sending money abroad through HDFC as a Resident Individual, online or at a branch. You're charged at the T.T. Selling rate live at the moment of debit.

  • Card-rate cap. Card rates apply up to ₹20 lakh equivalent; above that, your Relationship Manager can often negotiate a better rate.↗
  • GST is charged twice. You pay 18% GST on the commission, plus a separate slab GST on the amount converted (₹45 minimum, ₹10,800 cap).↗
  • The 'Self' option adds a hidden cost. At checkout you pick who pays the correspondent bank: 'Self' bills it to you in INR after the transfer (an extra we can't show — HDFC lists no fixed amount), 'Beneficiary' takes it from the recipient, 'Full Value' waives it. Our total covers HDFC's commission + GST only.↗
  • TCS on large transfers. For general purposes, 20% TCS applies on LRS spending above ₹10 lakh in a financial year — you claim it back as a tax credit when you file your ITR.↗
  • Split to stay in the lower tier. Keep each transfer at or below $500 equivalent to pay the ₹500 commission instead of ₹1,000.↗
▸Show 3 more notes

Other things to know

  • Fees aren't refundable. Once charged, HDFC's commission and fees aren't refunded unless stated otherwise.↗

Other ways to save

  • Lock the rate at the last moment. HDFC updates rates through the day, so refresh right before you confirm — the live card rate is what you'll get.↗
  • Full Value for an exact amount. Need the recipient to get an exact figure? HDFC's Full Value facility absorbs the correspondent fee (USD online; EUR/GBP branch-only). HDFC advertised a 100% waiver until 30 Sep 2026 and hasn't updated the page since — check what Full Value costs at checkout.↗

FAQ — HDFC Bank to Japan

What is HDFC Bank's JPY rate today?

₹0.6354 per JPY is HDFC Bank's TT Selling rate today — the rate applied when you send — and ₹0.5873 is its TT Buying rate for money you receive. The selling rate is +0.0041 (+0.65%) since 2 Oct. The full sheet with a 90-day chart is on the HDFC Bank forex rates page.

How much does HDFC Bank charge to send JPY to Japan?

On a ₹1,00,000 outward remittance, HDFC Bank's all-in cost today is ₹1,360 — commission, SWIFT / correspondent charges and 18% GST included, computed at the bank's own TT Selling rate for JPY. The fee breakdown above shows every line item.

Is HDFC Bank the cheapest bank to send JPY to Japan?

No — State Bank of India is currently ₹1,180 cheaper than HDFC Bank for JPY to Japan at ₹1,00,000. HDFC Bank ranks 4th of 6 banks in our coverage for this corridor.

How long does a HDFC Bank transfer to Japan take?

A standard SWIFT / TT outward remittance from HDFC Bank to a beneficiary in Japan typically settles in 1–3 working days, depending on correspondent-bank routing.

What do I need to send money to Japan with HDFC Bank?

You'll need PAN, a signed A2 form (LRS declaration) with a purpose code, the beneficiary's bank details in Japan, and proof of source of funds for larger amounts. TCS at 20% applies above ₹10 lakh per financial year for most non-education purposes and is claimable in your ITR.

Run your own numbers

TRANSFER

You pay in INR; recipient receives USD.

USD

Used to determine if this transfer crosses the ₹10L TCS threshold.

Best deal: Indian Overseas Bank. You save ₹3,948.89 vs the most expensive.

INR / 1 USD

TT Selling rate from Indian Overseas Bank's published forex sheet — edit to model a quoted rate.

BREAKDOWN

Outward remittance

Amount being sent
₹96,890.00

$1,000.00 × ₹96.89

Outward Remittance Commission (0.075%)
₹250.00
Swift Payment Message
₹500.00
GST on Commission + Swift (18%)
₹135.00
GST on Amount Exchanged
₹174.40
Total charges
₹1,059.40

Total payable (INR)

₹97,949.40

TCS is refundable when you file your ITR — it's a tax credit, not a fee.

Estimate only. Correspondent-bank charges are included only where the bank publishes them (Kotak, Axis, SBI); elsewhere they are a pass-through not shown here. Exchange rates shown are indicative. Mid-market rates by Exchange Rate API, updated daily.

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