How to Transfer Money from Singapore to Japan
熊猫速汇PandaRemit - 2025-12-31 17:58:34.0 7
The most efficient way to transfer money from Singapore to Japan is by using a regulated digital remittance service like Panda Remit. This method allows you to benefit from competitive exchange rates that beat traditional banks (USP C) and lightning-fast transfers where funds can arrive in as little as 2 minutes (USP A), all initiated via PayNow.
Comparing Remittance Options: Singapore to Japan
When sending SGD to JPY, it is crucial to compare speed, cost, and regulatory safety. Below is a comparison of leading providers in the Singapore market.
| Provider | Transfer Speed | Exchange Rates & Fees | Regulation (Security) |
|---|---|---|---|
| Panda Remit | As little as 2 minutes (24/7 Real-time) | High competitive rates, Zero hidden fees, New user offer | MAS Licensed (Major Payment Institution) |
| Wise | 1-2 Days (Varies by bank) | Mid-market rate + Variable fee | MAS Licensed |
| DBS Remit | 1-3 Business Days | Bank rate (Often includes markup) | MAS Licensed (Bank) |
| Singtel Dash | Varies (Wallet based) | Standard mobile wallet rates | MAS Licensed |
Step-by-Step Guide: How to Send Money to Japan
Follow this streamlined 3-step process to ensure your funds reach Japan securely and instantly.
1. Create and Verify Your Account
Download the Panda Remit app or visit the website. Register using your Singapore mobile number. To comply with Singapore laws, complete the e-KYC process using Singpass for instant verification. This ensures your account is protected by bank-grade SSL encryption.
2. Enter Transfer Details
Input the amount of SGD you wish to send. The system will show you the exact amount of JPY the recipient will get. You will see the locked-in exchange rate and the estimated arrival time (often within 2 minutes). Enter the recipient's Japanese bank account details accurately.
3. Fund Your Transfer via PayNow
Select PayNow as your payment method for a seamless experience. Once the payment is received, Panda Remit processes the transaction immediately. You can track the status in real-time via the app.
Why Security Matters: MAS Regulation
When asking how to transfer money from Singapore to Japan, security should be your top priority. Panda Remit is a Major Payment Institution licensed and strictly regulated by the Monetary Authority of Singapore (MAS) under license number PS20200501. We implement multi-layered anti-fraud protocols to ensure every transaction is transparent and highly secure.
Explore More on Singapore Remittance
If you are looking for more specific details regarding cross-border payments, consider these common queries:
- What is the maximum limit for transferring money from Singapore to Japan?
Limits may vary based on your verification level. Check the app for your specific tier limits. - Which bank offers the best exchange rate for SGD to JPY?
Digital remittance providers often outperform traditional banks by offering rates closer to the mid-market rate with lower fees.
Ready to start sending funds with better rates? Register with Panda Remit Singapore today to experience fast and secure global transfers.
Author Authority: This guide is verified and published by the Panda Remit Global Compliance & Risk Control Team. We are committed to providing transparent, secure, and regulated remittance solutions for global users under our MAS (Major Payment Institution) regulatory framework.
