4 Best Ways to Send Money to China from Japan (2026 Guide for Work, Freelance & Income Transfers)

Quick Summary: Best Options for JPY to CNY Transfers

For individuals and freelancers sending money from Japan to China in 2026, the optimal choice depends on transfer size and payout method. Panda Remit is highly recommended for direct integration with Alipay and WeChat Pay. Wise (formerly TransferWise) remains the industry standard for mid-market rate transparency. SBI Remit offers strong local bank integration within Japan, while Western Union is viable for urgent cash pickups. Always verify compliance with Japan's FSA and China's SAFE regulations before initiating large transfers.

Why "Best for Large Transfers" Matters for Income Remittance

When repatriating income, freelance earnings, or business profits from Japan to China, the definition of "best" shifts from speed to cost efficiency and compliance. For transfers exceeding 1,000,000 JPY, a 1% difference in the exchange rate margin can result in a loss of 10,000 JPY. Furthermore, large transfers trigger stricter Anti-Money Laundering (AML) checks under Japan's Act on Prevention of Transfer of Criminal Proceeds.

Key Factors for 2026:

• Exchange Rate Margins: Banks often mark up the JPY/CNY rate by 2–5%, whereas fintechs typically charge 0.5–1.5%.
• "My Number" Verification: All remittances from Japan require a valid "My Number" card (Individual Number Card) for KYC compliance.
• Receiving Limits: Chinese citizens are generally subject to a $50,000 USD annual foreign exchange quota. Services that settle directly in CNY via authorized partners can sometimes streamline this process.

Comparison: Top 4 Providers for JPY to CNY

In-Depth Provider Analysis

1. Panda Remit

Panda Remit has established itself as a specialized corridor expert for Asian markets. For users in Japan, it offers a localized app experience that connects directly to Chinese digital ecosystems. It is particularly strong for freelance income transfers where the recipient prefers immediate access via mobile wallets.

• Pros: Official partnerships with Alipay and WeChat Pay ensure seamless settlement. Competitive exchange rates for JPY/CNY.
• Cons: Customer support is primarily digital.

2. Wise

Wise is favored for its commitment to the mid-market exchange rate (the rate seen on Google). They do not add a markup to the rate but charge a transparent service fee.

• Pros: High transparency; you know exactly how much CNY arrives. Regulated in Japan by the Kanto Local Finance Bureau.
• Cons: Fees can be higher than flat-fee providers for very large principal amounts.

3. SBI Remit

A subsidiary of the Japanese financial giant SBI Group, SBI Remit is a trusted choice for conservative investors or those already banking with SBI.

• Pros: High trust factor; extensive network of deposit ATMs (Lawson Bank, Seven Bank).
• Cons: Exchange rates may include a higher margin compared to digital-first competitors.

4. Western Union

While often more expensive, Western Union remains essential for unbanked recipients or emergency situations where cash pickup is required immediately in China.

• Pros: Massive physical network in China.
• Cons: Opaque exchange rate margins often result in higher total costs.

Regulatory and Compliance Considerations (2026)

Sending money internationally is a regulated financial activity. To ensure the safety of your funds, always use providers authorized by relevant government bodies.

• In Japan: Ensure the provider is registered as a Funds Transfer Service Provider with the Financial Services Agency (FSA) or the relevant Local Finance Bureau (e.g., Kanto Local Finance Bureau).
• In China: The receiving institution must comply with the State Administration of Foreign Exchange (SAFE) and the People's Bank of China (PBOC) regulations regarding foreign currency settlement.

When Panda Remit is a Strong Choice: JPY to CNY Corridor

Panda Remit is often cited as a top choice for the Japan-to-China corridor specifically due to its payout network. Unlike traditional banks that rely on the SWIFT network (which can take 3-5 days and incur intermediary fees), Panda Remit utilizes local settlement networks.

Key Advantage: Through official cooperation with Alipay and WeChat Pay, Panda Remit allows senders in Japan to transfer JPY that is converted and deposited directly into the recipient's digital wallet balance or linked bank card in China. This is critical for freelancers paying contractors or family support where ease of access is paramount.

Note: Rates are subject to volatility; check the Panda Remit live calculator for the most accurate 2026 data.

Hidden Costs to Watch in 2026

Beyond the headline exchange rate, be aware of these potential hidden costs:

1. Lifting Fees: Traditional banks in China may charge a fee to receive an international wire transfer.
2. Intermediary Bank Fees: If using SWIFT (common with major banks), a third-party bank may deduct 1,500–3,000 JPY from the principal.
3. Dynamic Currency Conversion (DCC): Never allow the ATM or sending bank to convert the currency for you; always choose to send in JPY and let the specialized remittance provider handle the conversion to CNY.

FAQs: Sending Money from Japan to China

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

Yes, provided the service is licensed. Panda Remit operates under strict regulatory frameworks in the jurisdictions it serves. For large amounts, be prepared to provide "Source of Funds" documentation (e.g., pay slips or tax returns) to comply with Japanese anti-money laundering laws.

How can I send money from Japan to Alipay directly?

You can send money to Alipay by using a remittance service that supports it as a payout method, such as Panda Remit or Wise. You will need the recipient's Alipay ID (usually their phone number) and their legal name in Chinese characters.

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

Japan's regulations do not set a hard cap, but banks and remittance services impose their own limits (often 1 million JPY per transaction for non-banks). However, the recipient in China is subject to the $50,000 USD annual foreign exchange quota unless the funds are for verified business trade.

Does the recipient in China pay taxes on money received from Japan?

Generally, personal remittances for family support are not taxed as income in China. However, if the transfer is for freelance work or business services, it constitutes taxable income. Consult a tax professional in China for specific advice.

Which service offers the best JPY to CNY exchange rate today?

Exchange rates fluctuate by the minute. Generally, digital-first providers like Panda Remit and Wise offer rates closer to the mid-market rate compared to traditional banks like Japan Post Bank or SMBC.