3 Different Ways to Send Money from Japan to the Philippines





Filipinos love their families so much that they are willing to do it all to provide them a life of comfort. So, it’s no surprise that Filipinos make up one of the largest groups of overseas workers in certain countries and are also one of the secrets behind the Philippines’ growth in Gross Domestic Product (GDP).

OFW (Overseas Filipino Workers) remittances contribute to the overall financial growth of the country, but at the end of the day, they remit to address the needs of their loved ones. That is why it is essential for OFWs to find a channel for remittance that is guaranteed safe and cost-effective.

Here are some of the new options available that are way better, cheaper, and faster. Compare its details to one another and see which one will work best depending on your needs.



Remittance through banks are often expensive and can be quite complicated, albeit being the most reputable and secure way. As the Remittance Prices Worldwide reported that an average of 10.99% or around Y3,500 additional fee is paid for the transfer although the specifics and costs for each bank vary.


Like its counterparts in the Philippines, Japanese banks would likely require you to sign up for an overseas remittance service that is separate from the account. Bank-to-bank remittance is no doubt safer, and with such collaborations, may also help make the process easier for both senders and recipients.

2. Remittance Outlets

Also called agent, like Western Union and Moneygram. This two company are very similar. Senders can be paid by bank account, credit card, debit card, or cash, receivers can pick up by cash also. This is fast, but the fee is not cheap. Costs depend on the chosen turnaround time, amount, and exchange rate of the foreign currency. Online transfers through a bank account are cheaper but may take several days to complete.

3. Online money transfer

This is the fastest and cheapest way to send money because it is done digitally. There are lots of online money transfer providers nowadays, the most well known are Paypal, Transferwise, Xoom. Their service is almost the same, but the fee and exchange rate are varied.

But now, I highly recommend Epay to you. Epay is a payment company with money service license. I recommend it because it is safe, fast and low-cost than other online money transfer providers. No matter how much Japanese yuan you send to the Philippines, it always cost 170 JPY only. the exchange rate is always competitive. They never earn your money from the exchange rate. Because it is a legal payment company, your money is safe with them.


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