🇻🇳 Vietnam Remittance
How to Send Money from Japan to Vietnam【2026 Cheapest Routes】
📋 Contents
As of June 2025, approximately 660,000 Vietnamese nationals live in Japan (a record high, 2nd by nationality). Demand for remittances to family back home is exceptionally high. The main options are Wise, SBI Remit, and Kyodai Remittance. Bank wire transfers (megabanks, Japan Post) are typically far more expensive in fees and exchange rates and are generally not recommended.
① Service Comparison (Japan → Vietnam)
| Service | Fee (reference) | Exchange rate | Speed | Payout method | Rating |
|---|---|---|---|---|---|
| WiseBest value | 0.5–1% (≈¥300–500 per ¥50,000 · reference) | Mid-market rate | Hours–1 business day | VN bank account | ⭐⭐⭐⭐⭐ |
| SBI Remit | From ~¥460 (reference) | SBI proprietary rate (may be slightly worse) | Same day–1 business day | Bank / Cash pickup | ⭐⭐⭐⭐ |
| Kyodai Remittance | From ¥460 (reference) | Proprietary rate | Same day–next business day | Bank / Cash pickup | ⭐⭐⭐⭐ |
| Megabanks | ¥2,500–5,000 + rate spread | TTS rate (least favorable) | 2–5 business days | Bank account | ⭐⭐ |
* All fees and rates are indicative and change with amount, timing, and payment method. Always check the official sites before sending.
② Sending to Vietnam via Wise
💸 Wise → Vietnam
Top recommendation- Supported banks
- Vietcombank, BIDV, VietinBank, Agribank, Techcombank, Sacombank and other major banks (some banks may not be supported — verify on Wise's official site)
- Required info
- Recipient's full name (Latin script, matching passport/ID), bank name, branch, account number, SWIFT code
- Transfer limit
- Up to approx. 499,999,999 VND per transfer (depends on verification level)
- Fee example
- ¥50,000 → approx. ¥300–500 (reference)
- Open the Wise app, select "Send money," enter amount (JPY) and "VND"
- Enter recipient details (name, bank, account number, SWIFT code)
- Fund the transfer via bank transfer or convenience store payment
- Track delivery in the app — typically arrives in hours to 1 business day
💡 Example SWIFT codes
Vietcombank: BFTVVNVX / BIDV: BIDVVNVX / VietinBank: ICBVVNVX / Techcombank: VTCBVNVX / Agribank: VBAAVNVX
Vietcombank: BFTVVNVX / BIDV: BIDVVNVX / VietinBank: ICBVVNVX / Techcombank: VTCBVNVX / Agribank: VBAAVNVX
③ Sending to Vietnam via SBI Remit
SBI Remit supports direct bank deposits in Vietnam and cash pickup through MoneyGram (funds can be available in approximately 10 minutes in some cases). Fees can be competitive for smaller amounts, but the exchange rate markup means Wise is sometimes cheaper overall. Use both simulators to compare actual received amounts before each transfer.
Kyodai Remittance is another popular choice among Vietnamese residents in Japan, offering Vietnamese-language support and both bank transfer and cash pickup options.
④ How to Receive Money in Vietnam
- Bank account deposit: Major banks (Vietcombank, BIDV, VietinBank, Sacombank, Techcombank, Agribank) generally accept international transfers
- Cash pickup: Available via MoneyGram partner locations with SBI Remit and Kyodai Remittance
- Mobile wallets: MoMo, ZaloPay, VNPay — direct wallet transfers are still limited from major services in 2026; check official sites for the latest
📌 Name must match exactly: The recipient's account holder name must exactly match the name entered (in Latin script, as it appears on their passport/ID). Mismatches may cause transfers to be returned.
⑤ Required Information & Key Cautions
- Recipient full name (Latin script): Must match passport or ID exactly
- Bank name, branch, account number: Confirm in advance with the recipient
- SWIFT code: Look up on the recipient bank's official website
- Purpose of transfer: For large amounts, you may be asked to state the purpose
⚠️ Japan FX law: Transfers over ¥1M per transaction trigger reporting: Under Japan's Foreign Exchange Law, banks must report transfers exceeding ¥1 million per transaction to the Minister of Finance. Full identity verification and a clear stated purpose are required.
Which is cheaper for Vietnam remittances — Wise or SBI Remit?
In general, Wise uses the mid-market rate, so exchange costs tend to be lower, especially for amounts between ¥50,000 and ¥200,000. SBI Remit sometimes has lower service fees but applies a rate markup. The best approach is to compare actual received amounts using both simulators before each transfer.
Can I use my Residence Card (Zairyu card) for identity verification?
Most remittance services including Wise accept the Residence Card for identity verification. The process may vary by service, so check each provider's identity verification page for the accepted document list before registering.
Can the recipient receive money without a bank account?
Yes — SBI Remit and Kyodai Remittance support cash pickup at MoneyGram partner locations in Vietnam, so a bank account is not required. See each service's official site for details on available pickup points.
Are there transfer limits to Vietnam?
On the Japan side, transfers over ¥1 million per transaction trigger bank reporting duties under the FX law. Individual services also have their own limits (e.g., Wise up to approx. 499,999,999 VND per transfer). Limits may also depend on your verification level — check the official sites for details.
How do I confirm the money has arrived?
Wise provides real-time tracking in the app. SBI Remit and Kyodai Remittance send email or push notifications when funds are delivered. Having the recipient check their account balance after you receive the delivery notification is the surest confirmation.
PRThis page contains promotions (affiliate ads). Ranking and ratings are chosen independently by this site.
PRRecommended Services for Vietnam Remittance (Official Sites)
Wise（ワイズ）Low fees · mid-market rate
Send to Vietnamese bank accounts at the mid-market rate. Low fees for small-to-mid amounts; verify with your residence card. Supports Vietcombank, BIDV, VietinBank and more.
Visit official site →
SBI RemitBank transfer + cash pickup
Supports direct transfers to Vietnamese bank accounts and cash pickup at MoneyGram partners. Competitive fees for smaller amounts.
Visit official site →
* Fees, rates and supported banks change; check the official sites. Availability may depend on residence status/verification.