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Exchange

Exchange – Services

How many types of currency are covered at PayForex?

PayForex currently handles more than 20 different currencies. Please refer to 「List of Currencies」 for details.

Please tell me the hours of operation for the currency exchange service.

Aside from the maintenance time, the service will be available 24 hours including weekends and holidays. But please be aware that if you exchange money outside PayForex opening hours, the rate will be unfavorable than usual.
* PayForex opening hours: weekdays 9:30 - 17:30

Is it necessary to transfer funds right after exchanging the currency?

Please proceed to the remittance instruction within 3 days.

Are there fees incurred when exchanging currency?

At PayForex, no fees will be incurred when exchanging currency.

Exchange – Exchange rate

Is currency exchange conducted at the same rate everywhere?

No, the rates at banks and currency exchange stations differ.
It is recommended to compare the rates beforehand.

How often the exchange rate be updated?

The exchange rate is updated every 15 minutes; which allows the user to conduct currency exchange at the current rate.

Compared to transactions held in the daytime, why are night, weekend, and holiday rates higher?

The reason for this is because the rate is determined through consideration of the risks and cover costs, which varies at the time of the transaction.

I want to check the current exchange rate.

Please click "Exchange rate" and "International money transfer simulator".

Can I reserve the exchange rate before depositing funds for my transaction?

No, the exchange function is available only after you deposit to us.