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Best Ways to Send Money from Canada to Japan

Country from
Country to
You send
To
  • 400 CAD =
    34,920 JPY
    Same day
    Preferential fee and/or exchange rate only on your first transfer
    Best deal
    Monito Score
    9.0
    Go to Remitly
    You pay
    400 CAD
    Payment options
    Preferential fee and/or exchange rate only on your first transfer
    Offer valid for Remitly new customers only.
    • Credit card Same day
      7.99 CAD 0 CAD
    • Debit card Same day
      7.99 CAD 0 CAD
    • Bank transfer 3-5 days
      6.99 CAD 0 CAD
    Exchange rate
    Preferential fee and/or exchange rate only on your first transfer
    Offer valid for Remitly new customers only.
    Remitly's exchange rate (1 CAD = 87.3000 JPY) is 1.43% worse than the mid-market exchange rate, adding 5.72 CAD to the total cost of this transfer.
    11.19 CAD 5.72 CAD
    34,920 JPY
    arrives in Japan
  • 400 CAD =
    34,919 JPY
    3-5 days
    1 JPY less than with Remitly
    Monito Score
    9.5
    Go to Wise
    You pay
    400 CAD
    Payment options
    • Bank transfer 3-5 days
      5.89 CAD
    • Direct bank payment 3-5 days
      5.94 CAD
    • Debit card Next day
      11.05 CAD
    • Credit card Next day
      13.55 CAD
    Exchange rate
    Wise's exchange rate (1 CAD = 88.6022 JPY) is 0.04% better than the mid-market exchange rate, subtracting -0.16 CAD from the total cost of this transfer.
    -0.16 CAD
    34,919 JPY
    arrives in Japan
  • 400 CAD =
    34,726 JPY
    2 days
    194 JPY less than with Remitly
    Monito Score
    8.9
    Go to Paysend
    You pay
    400 CAD
    Payment options
    • Debit card 2 days
      0 CAD
    Exchange rate
    Paysend's exchange rate (1 CAD = 86.8150 JPY) is 1.98% worse than the mid-market exchange rate, adding 7.91 CAD to the total cost of this transfer.
    7.91 CAD
    34,726 JPY
    arrives in Japan
  • 400 CAD =
    34,385 JPY
    In minutes
    Preferential exchange rate
    534.84 JPY less than with Remitly
    Monito Score
    7.8
    Go to XE Money Transfer
    You pay
    400 CAD
    Payment options
    • Bank transfer In minutes
      3 CAD
    Exchange rate
    Preferential exchange rate
    Offer valid for XE Money Transfer new customers only
    XE Money Transfer's exchange rate (1 CAD = 86.6125 JPY) is 2.21% worse than the mid-market exchange rate, adding 8.76 CAD to the total cost of this transfer.
    8.76 CAD
    34,385 JPY
    arrives in Japan
  • 400 CAD =
    33,891 JPY
    3-5 days
    1,029.05 JPY less than with Remitly
    Monito Score
    5.4
    Go to PayPal
    You pay
    400 CAD
    Payment options
    • Bank transfer 3-5 days
      4.99 CAD
    • PayPal 3-5 days
      4.99 CAD
    Exchange rate
    PayPal's exchange rate (1 CAD = 85.7977 JPY) is 3.13% worse than the mid-market exchange rate, adding 12.35 CAD to the total cost of this transfer.
    12.35 CAD
    33,891 JPY
    arrives in Japan
  • 400 CAD =
    31,804 JPY
    3-5 days
    3,115.61 JPY less than with Remitly
    Monito Score
    ?
    Go to Scotiabank
    Your transfer
    You pay
    400 CAD
    Payment options
    • Bank transfer 3-5 days
      1.99 CAD
    Exchange rate
    Scotiabank's exchange rate (1 CAD = 85.3606 JPY) is 3.62% worse than the mid-market exchange rate, adding 14.41 CAD to the total cost of this transfer.
    14.41 CAD
    Bank fees
    Because Scotiabank doesn't use a local bank account to pay out the transfer, additional fees may be applied by the receiving bank. We estimate an amount of 24.50 CAD, however the exact amount varies from bank to bank.
    24.50 CAD
    31,804 JPY
    arrives in Japan
  • 400 CAD =
    30,980 JPY
    3-5 days
    3,939.64 JPY less than with Remitly
    Monito Score
    ?
    Go to Royal Bank of Canada
    Your transfer
    You pay
    400 CAD
    Payment options
    • Bank transfer 3-5 days
      13.50 CAD
    Exchange rate
    Royal Bank of Canada's exchange rate (1 CAD = 85.7706 JPY) is 3.16% worse than the mid-market exchange rate, adding 12.20 CAD to the total cost of this transfer.
    12.20 CAD
    Bank fees
    Because Royal Bank of Canada doesn't use a local bank account to pay out the transfer, additional fees may be applied by the receiving bank. We estimate an amount of 24.50 CAD, however the exact amount varies from bank to bank.
    24.50 CAD
    30,980 JPY
    arrives in Japan

How to send money from Canada to Japan at the best rate?

We found 10 different money transfer providers to send money to Japan from Canada.

If you would like the recipient of your transfer to receive Japanese yens in her bank account in Japan, then Remitly is the provider giving you the most Japanese yens for your money with zero transfer fees and a very competitive CAD-JPY exchange rate (their current exchange rate is 1 CAD = 88.6022 JPY).

The total cost of your transfer with Remitly is 5.72 CAD, but the total cost would be 50.21 CAD (which is approximately 9x as much) if you selected to use Royal Bank of Canada to make the same transfer.

For a money transfer to Japan, it could be interesting to also have a look at two other competitive providers: Wise and Paysend.

The recipient of your transfer doesn't have a bank account? We currently compare 1 money transfer companies able to send Japanese yens for cash pick-up in Japan: MoneyGram is the provider giving you the most Japanese yens for your money with competitive fees of 4.99 CAD and a good CAD-JPY conversion rate (their current exchange rate is 1 CAD = 86.1175 JPY).

This recommendation was updated a few minutes ago.

Last Updated 20 hours ago - Source XE.com
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Monito's Recommendations for Sending Money from Canada to Japan

Today's cheapest money transfer service might not be the cheapest tomorrow. Find the one that's best-suited to your needs and preference by comparing the best performers on Monito's comparison engine over the past 30 days for transfers from Canada to Japan:

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Best Ways to Send Money from Canada to Japan

Everyone wins, except expensive solutions

With our model, the only losers are the expensive banks or providers you’ll stop using!

To ensure our independence, we always use transparent, objective and verifiable criteria in our comparison. No provider can buy their way to the top of our results.

We include as many providers as possible in our comparison and have partnerships with almost all major and innovative providers.

We make sure you never pay more than if you went directly to the provider of your choice. We even negotiate special offers for you with many of our partners.

  • You save money on your transfer by selecting the cheapest provider.

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Questions you may have

Why Trust Monito?

You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe.

Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.

Learn more about Monito
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Mid-market exchange rate

To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source from XE.

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