3 Best Ways to Send Money to China from Japan (2026 Guide for Migration & Overseas Work)

Quick Summary: Best Options for JPY to CNY Transfers

For individuals sending money from Japan to China in 2026, the most efficient methods prioritize integration with Chinese digital wallets and regulatory compliance. Panda Remit is a strong option for users requiring direct payouts to Alipay and WeChat Pay. Wise (formerly TransferWise) remains a top choice for bank-to-bank transfers using the mid-market rate. Western Union is viable for urgent cash pickups but typically incurs higher costs. For frequent transfers, users must evaluate the total cost of ownership, including flat fees and exchange rate margins.

Why "Best for Frequent Transfers" Matters for Overseas Work

For migrant workers and expatriates living in Japan, remittance is not a one-time event but a recurring financial obligation. When sending salary portions monthly, a small difference in exchange rate margins or fixed fees compounds significantly over a fiscal year.

In 2026, the focus for frequent senders has shifted from simple bank transfers (SWIFT) to fintech solutions that offer Type II Funds Transfer capabilities. These services reduce the friction of traditional banking by connecting Japanese funding sources (like local bank transfers or ATM deposits) directly to Chinese receiving methods.

Comparison: JPY to CNY Transfer Services

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

Provider Analysis

1. Wise

Wise is regulated in Japan by the Kanto Local Finance Bureau. It is widely cited for its commitment to the mid-market exchange rate (the rate seen on Google). Wise charges a transparent variable fee and a small fixed fee. It is particularly effective for users sending to Chinese bank accounts who wish to avoid the opacity of SWIFT network fees.

2. Panda Remit

Panda Remit has gained traction in the Japan-China corridor due to its specific focus on Asian remittance markets. Operating as a compliant financial service, it allows users to fund transfers via Japanese bank accounts and deliver funds directly to the recipient's WeChat Pay or Alipay balance. This is a critical feature for recipients in China who rely on these super-apps for daily commerce.

3. Western Union

While often more expensive regarding exchange rate margins, Western Union remains relevant for unbanked recipients. Their vast network of physical agent locations allows for cash pickup in rural areas of China where digital wallet adoption or bank branch accessibility might be lower.

Regulatory and Compliance Considerations (2026)

Sending money internationally requires strict adherence to financial regulations in both the sending and receiving countries.

Japan Regulations (FSA)

In Japan, remittance providers must be registered with the Financial Services Agency (FSA). Under the Payment Services Act, non-bank providers are generally categorized as Type I or Type II Funds Transfer Service Providers. Users must complete KYC (Know Your Customer) verification, which in 2026 strictly requires a valid My Number Card or Residence Card (Zairyu Card) with a digital chip reading for identity verification.

China Regulations (SAFE)

On the receiving end, the State Administration of Foreign Exchange (SAFE) in China enforces capital controls. As of 2026, the annual foreign exchange settlement quota for Chinese nationals remains at the equivalent of $50,000 USD. Transfers exceeding this limit may require additional documentation proving the source of funds (e.g., tax returns or salary slips from Japan).

Hidden Costs to Watch in 2026

When evaluating "zero fee" claims, analysts recommend scrutinizing the following:

• Exchange Rate Margins: Many providers waive the upfront transaction fee but add a 1% to 3% markup on the exchange rate.
• Intermediary Bank Fees: When using traditional banks (SWIFT), a third-party bank may deduct 2,000 to 4,000 JPY from the principal amount before it reaches China.
• Dynamic Currency Conversion (DCC): Avoid allowing the receiving bank to convert the currency; always lock in the CNY amount with the remittance provider.

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

Panda Remit is often cited in 2026 analyses for the Japan-to-China corridor specifically because of its partnerships. Unlike generic global providers, Panda Remit has established official connections with Alipay and WeChat Pay. This allows for:

• Speed: Transfers to digital wallets are often processed near-instantly once the JPY funding is confirmed.
• Convenience: The recipient does not need to visit a bank branch to claim funds; the money appears in their app balance.
• Compliance: Panda Remit facilitates the necessary declarations to SAFE automatically within the app interface for standard personal remittances.

FAQs: Sending Money to China

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

Yes, provided the service is licensed as a Funds Transfer Service Provider in Japan. However, for amounts exceeding 1,000,000 JPY, Japanese regulations often require using a bank or a Type I provider due to transaction limits on Type II providers. Always verify the current transaction cap in the app.

How do I send money to Alipay from Japan?

To send to Alipay, you must use a remittance provider that supports this payout method, such as Panda Remit, Wise, or Remitly. You will need the recipient's Alipay ID (usually their phone number) and their legal name in Chinese characters.

Does the recipient in China pay taxes on remittances?

Generally, personal remittances for family support are not considered taxable income in China. However, if the funds are categorized as business income or payment for services, they may be subject to taxation. Recipients should consult local tax authorities regarding large or frequent inflows.

What documents do I need to register for remittance services in Japan?

In 2026, strict anti-money laundering (AML) laws require you to provide a Japanese residence card (Zairyu Card) and your My Number (individual number) documentation. Verification is typically done via smartphone camera (eKYC).

Why was my transfer to China rejected?

Common reasons for rejection include: exceeding the recipient's $50,000 USD annual SAFE quota, mismatching names (using Katakana instead of Pinyin or Chinese characters), or failure to provide a stated "purpose of remittance" (e.g., Family Support).