Best JPY to KRW Transfer Rates and Fees

Compare current provider estimates for sending money from Japan to South Korea

6 provider estimates available for this corridor

Strongest New User recipient estimate

¥1,000 JPY = 9,512.6 KRW

via Remitly

Provider eligibility, payout method, and checkout timing can change the final quote.

JPY

KRW

Transfer Amount

¥100¥50,000

Sending

¥1,000 JPY

Current comparison

¥1,000 JPY to KRW

Change

JPY

KRW

Transfer Amount

¥100¥50,000

Sending

¥1,000 JPY

JPY to KRW Provider Rate Comparison

Showing 6 provider estimates for sending ¥1,000 JPY. Confirm fees and payout method at provider checkout.

Current Estimates·Updated 24 Jun 2026

Why do rates differ? Each provider sets their own markup, fees, payout rails, and promo rules. The "You receive" column is the quickest way to compare the real cost after fees.

Sort results by

New User rates are shown first when available. Standard rates compare repeat-user pricing.

TOP

Remitly

Recipient Gets

9,512.6KRW

Best New User rate

Rate

9.51

Fee

FREE

You Send

JPY 1,000

Standard users get7,559.2 KRW

Go to Remitly

Panda Remit

Best Standard rate

#2 estimate

Recipient Gets

9,430.2KRW

vs top

-82.4

Rate

9.43

Fee

FREE

You Send

JPY 1,000

Go to Panda Remit

Western Union

#3 estimate

Recipient Gets

9,389KRW

vs top

-123.6

Rate

9.39

Fee

JPY 400.00

You Send

JPY 1,000

Go to Western Union

Paysend

Recipient Gets

8,959.56KRW

vs top

-553.04

Rate

8.96

Fee

JPY 4.90

You Send

JPY 1,000

Go to Paysend

OFX

Recipient Gets

8,851.4KRW

vs top

-661.2

Rate

8.85

Fee

FREE

You Send

JPY 1,000

Go to OFX

Wise

Recipient Gets

6,095KRW

vs top

-3,417.6

Rate

9.51

Fee

JPY 359.00

You Send

JPY 1,000

Go to Wise

Provider	Exchange Rate	Fee	You Send	Recipient Gets	Action
Remitly Best New User rate	9.51 9.45	FREE JPY 200.00	JPY 1,000	9,512.6 KRW 7,559.2 KRW	Go to Remitly
2 Panda Remit Best Standard rate	9.43	FREE	JPY 1,000	9,430.2 KRW 82.4 less	Go to Panda Remit
3 Western Union	9.39	JPY 400.00	JPY 1,000	9,389 KRW 123.6 less	Go to Western Union
4 Paysend	8.96	JPY 4.90	JPY 1,000	8,959.56 KRW 553.04 less	Go to Paysend
5 OFX	8.85	FREE	JPY 1,000	8,851.4 KRW 661.2 less	Go to OFX
6 Wise	9.51	JPY 359.00	JPY 1,000	6,095 KRW 3,417.6 less	Go to Wise

Keep watching JPY to KRW

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Keep the route research short

Use the comparison first. Open the sections below only if you still need timing, safety, or route guidance before you send.

Timing and rate context

Use Rate Pulse to spot recent corridor movement, then set an alert if timing matters more than immediate delivery.

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How to send this route

1. Compare your exact send amount before you shortlist a provider.
2. Check payout method, delivery speed, and total recipient amount.
3. Complete ID verification before you need the transfer urgently.
4. Confirm the final quote on provider checkout before sending.

Safety checks

Strong providers still vary by corridor, amount, and payout method. Use our policy pages to understand how results are gathered and ranked.

Methodology Editorial standards

How Much to Send for Exact KRW Amount?

Recipient Gets Exactly...

Enter how much your recipient needs in KRW. We'll show how much you need to send.

KRWKRW

Remitly

Cheapest New User

¥1,051.24

You send (JPY)

Panda Remit

¥1,060.42

You send (JPY)

Paysend

¥1,121.03

You send (JPY)

OFX

¥1,129.76

You send (JPY)

Wise

¥1,410.70

You send (JPY)

Western Union

¥1,465.11

You send (JPY)

Save ¥413.88 by choosing Remitly over Western Union

How to Send Money from JPY to KRW

1. Compare Current Options

Use our comparison tool above to review available JPY to KRW quotes from Wise, Remitly, WorldRemit and more. Enter your exact amount to estimate what your recipient may get.

2. Choose Your Provider

Select based on rate, fees, and transfer speed. Popular choices for JPY to KRW transfers include Wise, Remitly, WorldRemit. First-time users often get promotional rates.

3. Sign Up & Verify

Create an account with your chosen provider. You'll need government-issued ID for verification. This one-time process typically takes 5-10 minutes and ensures secure transfers to South Korea.

4. Send Money

Enter recipient details and pay via bank transfer, debit or credit card. Bank transfers offer better rates, while cards are faster. Most JPY to KRW transfers arrive within 1-3 business days.

Market Analysis: JPY/KRW Exchange Rate

The JPY to KRW exchange rate is influenced by economic factors in both Japan and South Korea. Key factors include central bank interest rates, inflation levels, trade balances, and political stability.

Remittances from Japan to South Korea form a significant portion of South Korea's economy. Online providers may be cheaper than some banks on this route, but savings depend on the provider quote, fees, funding method, and payout option.

Tips to Get the Best JPY to KRW Rate

Compare rates from multiple providers - differences can be significant for JPY to KRW transfers.

Use bank transfer instead of debit/credit cards when the final quote is better for larger amounts.

Avoid airport currency exchange counters unless you have compared the final rate and fee against online options.

Set up rate alerts to get notified when JPY/KRW rate improves.

First-time transfer limits are often lower - consider this when choosing a provider.

Read reviews about transfer speed to South Korea for your chosen provider.

JPY to KRW Transfer Speed Comparison

Payment Method	Transfer Speed	Best For
Debit Card	Minutes to 24 hours	Urgent transfers, small amounts
Credit Card	Minutes to 24 hours	Emergency transfers (higher fees)
Bank Transfer	1-3 business days	Large amounts, best rates
First-time Transfer	+1-2 days (verification)	Add time for identity verification

Note: Transfer speeds vary by provider. Check the comparison table above for specific delivery times to South Korea.

Safety & Regulation for JPY to KRW Transfers

Regulatory Compliance

All money transfer providers on our site are regulated by financial authorities.These regulations ensure your money is protected and transfers are secure.

Security Measures

Reputable providers use encryption, two-factor authentication, and fraud monitoring systems. Safeguarding, refund rights, and support processes vary by provider and jurisdiction, so confirm the terms before sending. Never share your password or verification codes with anyone, including provider staff.

Consumer Protection

If something goes wrong, regulated providers must follow complaint procedures and may be covered by financial protection schemes. Keep records of all transfers, including confirmation emails and reference numbers. Most disputes are resolved within 15 business days when proper documentation is provided.

Business Transfers: JPY to KRW

Sending JPY to KRW for your business? These providers offer business accounts with features like batch payments, API access, multi-currency accounts, and competitive FX rates for higher volumes.

Remitly

Personal & Business

Batch Payments

API

$0 - $4.99 · Minutes to 3-5 days · 170+ countries

Review Visit Site

XE Money Transfer

Personal & Business

Batch Payments

FX Hedging

No transfer fees (rate margin applies) · 1-4 business days · 130+ countries

Review Visit Site

OFX

Personal & Business

Batch Payments

API

FX Hedging

No transfer fees (rate margin applies) · 1-5 business days · 170+ countries

Review Visit Site

Airwallex

Business Only

Batch Payments

API

Multi-Currency

FX Hedging

From 0.5% FX markup (reducing with volume) · Same day to 2 business days · 150+ countries

Review Visit Site

Compare all business payment providers

JPY/KRW & Forex News

View all

ForexLive

30 minutes ago

Japan May services PPI holds at 3.3% as freight and air costs surge on fuel shock

A services PPI print that holds at 3.3% for a second consecutive month, driven by transport cost surges of this magnitude, is precisely the kind of data the BOJ's June summary flagged as a transmission risk: business-to-business price increases in distribution and logistics that have a...

Read full article

FXStreet

36 minutes ago

Euro weakens below 1.1400 as Fed hike bets lift US Dollar

The EUR/USD pair trades on a negative note near 1.1380 during the early Asian trading hours on Wednesday. The major pair extends the decline as traders continue to assess the developments surrounding the US-Iran peace deal.

Read full article

FXStreet

about 1 hour ago

BoJ Summary of Opinions: Member says suitable to keep hiking as conditions remain accommodative

The Bank of Japan (BoJ) published the Summary of Opinions from the June monetary policy meeting, with the key findings noted below.

Read full article

Frequently Asked Questions: JPY to KRW

The strongest JPY to KRW recipient amount varies by provider, amount, payout method, and timing. Use the comparison table above to review current provider estimates, then confirm the final checkout quote before sending.

The total cost usually includes the exchange-rate margin and any transfer fee. The comparison table estimates recipient amounts for the selected route and amount where providers return quotes; confirm the final amount at provider checkout.

The cheapest route depends on amount, funding method, payout method, provider eligibility, and exchange-rate margin. Compare current recipient estimates first, then check provider checkout terms before choosing.

Transfer speed varies by provider and payment method. Debit/credit card payments typically arrive within minutes to 24 hours. Bank transfers take 1-3 business days but often offer better rates. First-time transfers may take longer due to verification requirements. Check our comparison table above for specific transfer times from each provider.

Provider regulation varies by entity and country. We aim to list established services and surface known regulator references where available, but you should verify the provider licence, jurisdiction, payout method, and final checkout terms for your route.

In most cases, sending your own money abroad is not taxable. However, recipients may need to declare large amounts to local tax authorities. If you're sending money as a gift or inheritance, different rules may apply. We recommend consulting a tax professional for specific advice on your situation.

You'll typically need: (1) Your identification (passport or driver's license), (2) Recipient's full name, (3) Recipient's bank account details or mobile wallet number, (4) Recipient's address, (5) Purpose of transfer. First-time senders may need to verify their identity with additional documents.

Cancellation policies vary by provider and how far the transfer has progressed. Most providers allow cancellation within 30 minutes to a few hours if the money hasn't been sent. Once the money is in transit or received, cancellation is usually not possible. Always double-check recipient details before confirming.

Exchange rates fluctuate based on economic factors including interest rates, inflation, political stability, and market demand. Rates can change multiple times per day, so treat comparison data as a current estimate and confirm the final quote before sending.

The mid-market rate (the real exchange rate banks use between themselves) is a useful benchmark, but provider customer rates can include margins, fees, funding costs, and payout-method effects. Compare the current recipient estimate and then verify the final provider quote before sending.

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Ready to Send JPY to KRW?

Review current quotes above and choose the provider that fits your transfer. Most transfers complete within 1-3 business days.

Compare All JPY to KRW Providers

Best JPY to KRW Transfer Rates and Fees

JPY to KRW Provider Rate Comparison

Remitly

Panda Remit

Western Union

Paysend

OFX

Wise

Keep watching JPY to KRW

Keep the route research short

How Much to Send for Exact KRW Amount?

Recipient Gets Exactly...

How to Send Money from JPY to KRW

1. Compare Current Options

2. Choose Your Provider

3. Sign Up & Verify

4. Send Money

Market Analysis: JPY/KRW Exchange Rate

Tips to Get the Best JPY to KRW Rate

JPY to KRW Transfer Speed Comparison

Safety & Regulation for JPY to KRW Transfers

Regulatory Compliance

Security Measures

Consumer Protection

Business Transfers: JPY to KRW

JPY/KRW & Forex News

Japan May services PPI holds at 3.3% as freight and air costs surge on fuel shock

Euro weakens below 1.1400 as Fed hike bets lift US Dollar

BoJ Summary of Opinions: Member says suitable to keep hiking as conditions remain accommodative

Frequently Asked Questions: JPY to KRW

What is the best JPY to KRW exchange rate today?

How much does it cost to send money from Japan to South Korea?

Which is the cheapest way to send JPY to KRW?

How long does a JPY to KRW transfer take?

Is it safe to send money from Japan to South Korea online?

Do I need to pay tax on money sent from Japan to South Korea?

What information do I need to send JPY to KRW?

Can I cancel a JPY to KRW transfer?

Why do JPY to KRW rates change?

What's the difference between the mid-market rate and the rate I get?

Related Currency Routes

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Most Popular Money Transfer Routes

Ready to Send JPY to KRW?