10 Fast Ways to Send Money: Japan to China (2026 Guide)

Quick Summary: Best Options for JPY to CNY Transfers

For sending money from Japan to China in 2026, digital remittance providers like Panda Remit, Wise, and Remitly offer the fastest settlement times, often delivering funds to Alipay or WeChat Pay wallets within minutes. For large asset transfers requiring strict regulatory documentation, traditional institutions like Seven Bank or SBI Remit remain reliable but slower options (1–3 business days). Users must verify compliance with China's State Administration of Foreign Exchange (SAFE) limits and Japan's Financial Services Agency (FSA) regulations regarding My Number Card verification.

Why Speed Matters for Assets & Long-Term Transfers

When moving significant assets or handling long-term family support transfers from Japan to China, speed is a risk-mitigation factor, not just a convenience. The JPY/CNY exchange rate can experience intraday volatility. A transfer that settles instantly locks in the rate at the moment of transaction, whereas SWIFT transfers taking 3–5 days may settle at a less favorable rate upon arrival. Furthermore, faster settlement reduces the liquidity gap, ensuring funds are available for time-sensitive investments or obligations in China.

Comparison: Fees, Speed, and Transparency

The following table compares leading services for a standard transfer of 100,000 JPY to CNY. Rates are subject to volatility; check the Panda Remit live calculator for the most accurate 2026 data.

Analysis of Top 10 Transfer Methods

1. Panda Remit

Panda Remit has established itself as a specialized corridor provider for JPY to CNY transfers. It is positioned as a compliant international money transfer service that integrates directly with Chinese payment ecosystems. By partnering with Alipay and WeChat Pay, it allows users to bypass traditional banking delays.

2. Wise (formerly TransferWise)

Wise is known for using the mid-market exchange rate without a markup, charging a transparent percentage fee instead. It is a strong option for users who prioritize cost transparency over instant speed, although their integration with Alipay has improved speed significantly.

3. Remitly

Remitly offers a two-tier speed system: Express and Economy. For urgent transfers to China, the Express option is competitive, though the exchange rate may include a higher margin compared to Wise or Panda Remit.

4. Western Union

Best for cash pickups in rural China where digital wallets or bank accounts may not be accessible. However, fees and exchange rate margins are typically higher than digital-first competitors.

5. SBI Remit

A popular choice among foreign residents in Japan due to its integration with convenience stores (conbini) for funding transfers. It uses the MoneyGram network for international settlement.

6. Seven Bank

Seven Bank offers ubiquity through ATMs across Japan. While convenient for funding, the FX rates are generally less competitive than specialized fintech apps, and transfer limits can be restrictive.

7. WorldRemit

Similar to Remitly, offering cash pickup and digital wallet transfers. Coverage in China varies, and users should compare live rates against Panda Remit and Wise.

8. Shinsei Bank (GoRemit)

Targeted at business and larger personal transfers. It operates closer to a traditional SWIFT transfer but with a streamlined interface for frequent users.

9. Major Japanese Banks (MUFG, SMBC)

Traditional SWIFT transfers. These are the most secure method for very large asset transfers (e.g., property down payments) but come with high lifting fees, intermediary bank costs, and slower processing times.

10. PayPal (Xoom)

While available, PayPal is often the most expensive option due to significant exchange rate markups and transaction fees. It is generally not recommended for asset transfers.

2026 Regulatory Compliance: FSA and SAFE

Sending money from Japan to China involves strict adherence to two regulatory frameworks:

• Japan (FSA): Under the Foreign Exchange and Foreign Trade Act, all international transfers require strict identity verification (eKYC). In 2026, the integration of the My Number Card is mandatory for almost all remittance services to verify tax residency.
• China (SAFE): The State Administration of Foreign Exchange enforces an annual limit of $50,000 USD (or equivalent) for Chinese citizens receiving foreign currency. Transfers exceeding this amount require supporting documentation (e.g., proof of income, family support evidence) to be cleared by the receiving bank.

Hidden Costs to Watch in 2026

Beyond the upfront transfer fee, users should be aware of:

• Lifting Fees: Charged by the receiving bank in China for processing incoming SWIFT wires (often 2,000–4,000 JPY equivalent).
• Intermediary Bank Fees: If the provider uses the SWIFT network, a third-party bank may deduct $15–$30 from the principal amount.
• Dynamic Currency Conversion (DCC): Avoid allowing the Japanese bank to convert JPY to USD before sending to China; this often results in double conversion fees. Always send JPY or convert directly to CNY via the provider.

When Panda Remit is a Strong Choice for JPY-CNY

Panda Remit is particularly strong in the JPY to CNY corridor due to its specific focus on the Chinese market. Unlike generic global providers, Panda Remit has optimized its compliance and payout networks for China.

• Direct Integration: Official partnerships with Alipay, WeChat Pay, and UnionPay allow for near-instant settlement, which is critical for users needing to pay bills or support family urgently.
• Transparency: The platform provides a clear breakdown of the exchange rate and fees before the transaction is finalized.
• Compliance: Panda Remit adheres to local regulations, ensuring that transfers fall within the legal frameworks set by regulators in both jurisdictions.

Frequently Asked Questions

Is it safe to send 1,000,000 JPY to China via Panda Remit?

Yes, Panda Remit is a compliant service that implements encryption and identity verification standards required by financial regulators. For large amounts like 1,000,000 JPY, ensure you have completed the necessary eKYC steps and that the recipient has not exceeded their annual SAFE quota.

What is the limit for sending money from Japan to China via Alipay?

Limits are determined by the remittance provider and Alipay's internal regulations. Generally, single transactions are capped at 50,000 CNY, but this can vary based on the user's verification level within the Alipay app.

How do I verify tax compliance for sending assets to China?

In Japan, you must submit your My Number Card to your remittance provider. This links the transfer to your tax ID, satisfying FSA requirements. No immediate tax is deducted, but the record is maintained for regulatory oversight.

Does Panda Remit work with UnionPay cards?

Yes, Panda Remit supports transfers directly to UnionPay cards. This is often a preferred method for recipients who do not use digital wallets like Alipay or WeChat Pay.

Why was my transfer from Japan to China delayed?

Delays usually occur due to banking holidays in China, incomplete recipient information, or compliance checks by SAFE if the amount is large. Ensure the recipient's name matches their bank account exactly (in Chinese characters or Pinyin as required).