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Advantages of using PayForex

It was once necessary to visit a bank teller to transfer money overseas, but with PayForex, the entire process can be done online. As a funds transfer service provider, we offer security, convenience, and low fees to guarantee customer satisfaction.

Advantage 1: Security – Your deposited funds

Security

Your funds are protected safely

We are subject to the performance deposit system defined in the Ordinance on Funds Transfer Service Providers. Based on the regulations in Article 44 of this document, we have executed a performance deposit guarantee contract with Sumitomo Mitsui Banking Corporation for customers using this service, and the performance deposit system protects the applicable funds of each customer. Customers have the right to receive a refund based on the regulations in Article 59 of the Ordinance on Funds Transfer Service Providers.

Advantage 2: Convenience – Do everything online, 24 hours a day

Convenience

All services are available online, from opening an account to arranging money transfers

You no longer have to visit the bank to fill out transfer request forms! All services are available online, from opening an account to arranging money transfers. The services are available anywhere as long as you have Internet access.

Initiate fast transfers online 24 hours a day

Currency exchange and money transfers are available online 24 hours a day! Transfers to Speed Remittance supported countries generally arrive within 24 hours. (Standard Remittance generally takes 1-3 business days. )

More than 20 currencies and more than 200 countries

We handle more than 20 different currencies. Please check “List of Currencies” for details. We can send money to more than 200 countries.

Advantage 3: Low fees – No transfer fee for large-volume transfers

Security

No transfer fee for large-volume foreign currency transfers, and yen transfer fees start at ¥500

Everyone wants to keep “transfer fees” low when sending money internationally. Most banks charge flat transfer fees regardless of the transfer amount, but PayForex’s fees vary depending on the transfer amount, and there is no transfer fee for large-volume foreign currency transfers. Transfer fees for yen transfers start at ¥500, and there are no lifting charges.
Remittance fees when sending 5,000USD
  • *Apart from transfer fees, the beneficiary bank (and intermediary banks) may impose other bank charges when sending international money transfers. For details, see “About fees“.
  • *The fees listed above are based on our own survey and are not guaranteed. When using these services, please base your decision on your own research.
  • PayForex fees may change without notice. For information on today’s fees, see “List of transfer fees“.