Top 3 Ways to Send Money from Vietnam to Japan Quickly, Safely and Economically

Job send money from vietnam to japan is becoming an essential need for many families with members working, studying abroad or living in the land of cherry blossoms. With the development of modern financial technology, there are many ways to send money from Vietnam to Japan to help you make this transaction conveniently and safely. However, choosing the most suitable method is still a big challenge for many people.

How to send money from Vietnam to Japan via bank account

The most traditional and trusted method today is through the banking system. This is a safe and reputable option chosen by many customers when they need to make international money transfers.

Advantage:

• Ensure absolute safety, transparent transactions and have confirmation documents.
• Rates and fees are public and clear.
• Suitable for large transfers.

Disadvantages:

• The procedure can be complicated for beginners.
• Transfer times typically take 1–3 business days.
• Service fees are quite high compared to some other channels.

Deposit at transaction office

With this method, you go directly to a bank branch in Vietnam to make a transaction. This is the method chosen by many people when they first learn how to send money from Vietnam to Japan.

Documents required when depositing money at the transaction office include:

• Valid ID card/CCCD or passport.
• Recipient account information in Japan (account number, account holder name, bank name, SWIFT code).
• Amount to transfer and purpose of transfer.

The process at the counter usually takes 30-45 minutes, including filling out the form, verifying information and making the transaction. Bank staff will assist in double-checking the information to ensure the transaction is performed correctly.

Deposit via Mobile Banking/Internet Banking

With the development of digital technology, sending money from Vietnam to Japan via online channels is becoming more and more popular thanks to its convenience and speed.

Customers can make transactions 24/7 without having to go to the bank, just need a smartphone or computer with internet connection. This feature is especially useful for busy people or those who are far from bank transaction points.

Cost of sending money

The cost of sending money from Vietnam to Japan via bank usually includes:

• Remittance fee: From 200,000 - 500,000 VND depending on the bank
• Intermediary fee: About 15-25 USD (if any)
• Fee for receiving money: As determined by the receiving bank in Japan
• Exchange rate difference: Usually 1-3% higher than market rate

How to send money from Vietnam to Japan via international money transfer service

In addition to banks, many international money transfer services such as Western Union, MoneyGram, Wise, Remitly… are also popular ways to send money from Vietnam to Japan. This is a flexible option, especially suitable for those who need to send money quickly.

Advantage:

• Simple procedure, no need for much paperwork.
• Fast delivery time, just a few minutes to a few hours.
• Recipients can receive cash at the counter or into the account.

Disadvantages:

• Service fees are higher for large amounts.
• You need to choose a reputable service to avoid risks.

Deposit process

The process of sending money from Vietnam to Japan via these services is quite simple and fast.

• Register an account on the app or website
• Identity authentication by ID card/CCCD
• Enter sender and recipient information
• Choose payment method and receive money
• Confirm transaction and receive reference code

The whole process can be completed within 10-15 minutes, which is very suitable for modern life.

Cost of sending money

• Fixed charge: From 50,000 - 200,000 VND
• Pro rata fee: 1-2% of total transfer amount
• Exchange rate: More competitive than banks 0.5-1%
• Sale: Often have promotions for new customers

How to send money from Vietnam to Japan via international payment gateway

In the era of e-commerce, many people choose international payment gateways such as PayPal, Payoneer, Wise. This is the optimal solution for paying for services, tuition or freelance work, considered the most modern and convenient way to send money from Vietnam to Japan today.

Advantage:

• Fast transaction, only need email and linked account.
• Payment can be made directly to schools and companies in Japan.
• Work anytime, anywhere, just need Internet connection.

Disadvantages:

• The recipient needs to have an account with the same system (PayPal, Payoneer).
• Exchange rates are usually higher than banks.
• Transaction fees are not cheap either.

Deposit process

Sending money from Vietnam to Japan via international payment gateway is very simple and intuitive, including the following steps:

• Log in to your account (PayPal, Payoneer, Wise).
• Link Vietnamese bank card/account.
• Enter email or recipient information.
• Confirm the transaction and complete.

Cost of sending money

• Transaction fee: 0.5-1.5% of transfer amount
• Currency conversion fee: 0.35-0.8%
• Withdrawal fee: Depending on the method of receiving money
• total cost: Usually lowest compared to other methods

Regulations when transferring money from Vietnam to Japan

When sending money from Vietnam to Japan, you need to comply with the laws of both countries to avoid encountering unwanted problems.

According to regulations of the State Bank of Vietnam, each individual can transfer up to 50,000 USD per year abroad for legal purposes, including:

• Payment of tuition and living expenses for international students.
• Allowance for relatives settling and working in Japan.
• Hospital fees, medical expenses.
• Payment for service/goods contracts.

For larger amounts, special permits and clear proof of intended use are required.

In Japan, receiving money from abroad also has its own regulations, especially regarding tax declaration if the amount exceeds a certain threshold. Recipients should be careful not to violate local laws.

Is it easy to send money from Japan to Vietnam?

Not only the outgoing money, sending money from Japan to Vietnam is also a big demand of workers and international students. Currently there are many forms:

• Japanese banks (Mizuho, ​​MUFG, SMBC…).
• International services like Western Union, Wise.
• Legal money transfer companies licensed by the State.

Sending money from Japan to Vietnam is quite convenient, only need ID card/passport and recipient information. Fast transaction time, competitive cost, suitable for workers who want to support their families.

Q&A – Answering questions

How long does it take to send money from Vietnam to Japan?

The time it takes to send money from Vietnam to Japan depends on the method you choose:

• Traditional banking: 1-3 business days
• International money transfer service: Minutes to 24 hours
• International Payment Gateway: Instant up to 24 hours

Exchange rate calculated by which bank?

The exchange rate for sending money from Vietnam to Japan is calculated according to:

• Bank: apply the bank's listed exchange rate at the time of transaction
• Money transfer service: Exchange rate is determined by the company, usually higher than bank
• Payment Gateway: Usually at intermediate market rate

Do I need to declare when receiving money?

In Japan, if the amount of money received exceeds 1 million Yen/year from abroad, you need to declare it to the tax office. In Vietnam, there are similar regulations regarding receiving money from abroad.

There are currently many safe and effective ways to send money from Vietnam to Japan. Depending on your specific needs in terms of time, cost and amount, you can choose the most suitable method. Traditional banks are still the safest option, while fintech services offer more convenience and reasonable costs.

Besides the need for communication and Internet, the Vietnamese community in Japan is also very interested in transferring money between the two countries. T-connect – a brand specializing in providing telecommunication services for Vietnamese people in Japan (SIM, cheap WiFi) – not only helps you stay connected, but also provides useful information and advice related to how to send money from Vietnam to Japan and send money from Japan to Vietnam. With a support team in Vietnamese, T-connect always accompanies Vietnamese people in Japan to study, work and live more easily.