Send Money to Japan from India

What each bank charges to send JPY to Japan

Line items reflect the bank's published fee schedule. GST at 18% is charged on commission (and on Swift / correspondent charges where the bank explicitly applies it).

How to send money to Japan from India

1. Get the beneficiary's bank details. Full name and address as held by their bank, bank name and address in Japan, plus the account number, Zengin bank code, branch code, and SWIFT code.
2. Pick the purpose code and fill Form A2. The A2 form is the LRS declaration; the most common codes for Japan are S0202 (education), S1301 (gift), S0301 (business travel). Your PAN is mandatory and the bank checks your LRS usage for the financial year against the USD 250,000 cap.
3. Check TCS before you send. Above ₹10 lakh in a financial year most non-education purposes attract 20% TCS, collected by the bank and claimable in your ITR; education and medical purposes have lower rates. The calculator on this page applies it when you enter your year-to-date LRS amount.
4. Choose the channel. HDFC, ICICI, Kotak and Axis accept outward remittance in JPY through NetBanking or their apps; SBI routes select currencies through YONO and the rest through a branch; IOB is branch-led. Branch channels usually cost more — the bank pages list the difference.
5. Decide who pays the SWIFT and correspondent charges. OUR means you pay them upfront in rupees and the beneficiary gets the full amount; SHA and BEN shift them downstream, where they are deducted from what arrives. SBI's Payee, Remitter and Guaranteed modes are the same choice under different names.
6. The bank applies the TT Selling rate and its charges. Your INR is converted at the bank's published TT Selling rate for JPY at the moment of debit, then commission, SWIFT / correspondent charges and 18% GST are added — exactly the lines shown above.
7. Track it and expect 1–3 working days. Ask the bank for the SWIFT reference (UETR) so the beneficiary's bank can trace the payment. Japan is 3.5 hours ahead of IST; a transfer sent in the Indian morning often credits the next Japanese business day.

LRS cap: USD 250,000 per resident per financial year (across all corridors combined). TCS at 20% applies above ₹10 lakh per year for most non-education purposes and is claimable in your ITR.

Sending to Japan: what's different

Japan's corridor is students and researchers — tuition, MEXT-related expenses, housing — professionals on the highly-skilled route, and family support.

On the receiving side

• 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.

About JPY

JPY is quoted per 100 units on most Indian banks' rate sheets; RemitFee converts to per-1-yen rates so the totals above are directly comparable. Axis prices its JPY correspondent charge in rupees by JPY amount — see the Axis page.

Timing

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

FAQ — Sending money to Japan from India