Want to wire money to Japan? Are you considering a wire to transfer money to Japan? Before you go your financial institution to organise it, be sure to check the wire transfer fees. It might come as a shock just what the fees and charges will be and depending on the amount of the wire, it might not be worth sending the money by bank wire transfer to forward the money by other means.
What can make it more expensive is in addition to your financial institution adding a fee for sending the funds to a place in Japan, the individual getting the transfer of funds will most likely be charged a fee at their end. A way to reduce the possibilty of the charge is to remit the international wire transfer in their designated currency.
To make a wire transfer to Japan, you will possibly need a SWIFT code. These are unique for each bank and based on a number of things including the country and individual bank.
SWIFT Country Code
Central Bank Name
Bank of Japan