Strengthening Japan-Thailand Financial Collaboration for Seamless Cross-Border Payments

In recent years, Japan and Thailand have been enhancing their financial cooperation. In 2025, the Bank of Thailand, in collaboration with Japanese financial institutions, has been promoting the interoperability of cross-border QR payment systems, allowing Thai tourists to make payments in Japan by scanning QR codes, thereby improving payment convenience and security. 

Additionally, Thailand is actively participating in the Regional Payment Connectivity (RPC) initiative, aiming to facilitate local currency transactions among ASEAN countries through a unified QR payment system, reducing dependence on the US dollar and enhancing regional financial stability. 

Navigating JPY to THB Exchange Rate Fluctuations

As of May 29, 2025, the exchange rate stands at approximately 1 JPY = 0.2261 THB.  Over the past year, the JPY to THB exchange rate has experienced significant fluctuations, peaking at 0.2389 and dipping to a low of 0.2151, with an average rate of around 0.2260. 

In light of these fluctuations, selecting a cross-border remittance tool that offers real-time exchange rate information, low fees, and swift transfers is crucial for Thai individuals working in Japan and others with remittance needs.

Panda Remit: An Efficient and Secure Cross-Border Remittance Solution

Among various cross-border remittance tools, Panda Remit stands out. It not only supports real-time remittances from Japanese Yen to Thai Baht but also provides transparent exchange rate information and extremely low fees, only one-tenth of traditional bank remittance fees.

Furthermore, Panda Remit supports linking global bank accounts and mainstream e-wallets, ensuring users can flexibly choose their preferred method of receiving funds.

Ensuring Cross-Border Fund Security with Panda Remit

In cross-border remittances, the security of funds is paramount. Panda Remit employs bank-level encryption technology to ensure the safety of users' funds and personal information. Additionally, its stringent risk control system and compliance operations have been recognized by multiple financial regulatory authorities worldwide.

Choose Panda Remit for Hassle-Free Cross-Border Transfers

With the growing economic collaboration between Japan and Thailand, the demand for cross-border remittances continues to rise. Selecting a secure, efficient, and cost-effective remittance tool will significantly simplify your cross-border fund transfers.

Register with Panda Remit now and enjoy zero fees on your first transfer!

Panda Remit—trusted globally by millions for fast, safe, and affordable international money transfers.