Transfer Money from United Kingdom to Japan
Compare live GBP to JPY rates from 7 FCA-regulated providers.
1 GBP = 213.2364 JPY
Send 1,000 GBP
Best rate: 212,660.71 JPY
via Currencies Direct (0.27% margin)
They receive approximately
JPY 213,236.44
At mid-market rate. Provider rates shown below.
212.6607
via Currencies Direct
Seconds - 2 hrs
via Wise
None
via Currencies Direct
£56
vs typical UK bank
Compare GBP to JPY Providers
Sending 1,000 GBP to Japan. Rates are indicative and based on each provider's typical margin from the mid-market rate.
Currencies Direct
Top rated for this transferFee & Exchange Rate
You receive
JPY 212,660.71
Key Currency
Fee & Exchange Rate
You receive
JPY 212,596.73
TorFX
Fee & Exchange Rate
You receive
JPY 212,532.76
XE
Fee & Exchange Rate
You receive
JPY 212,639.38
OFX
Fee & Exchange Rate
You receive
JPY 212,468.79
Wise
Fee & Exchange Rate
You receive
JPY 213,129.83
Western Union
Fee & Exchange Rate
You receive
JPY 211,128.64
How we calculate rates: We show each provider's indicative exchange rate based on their typical margin from the live mid-market rate (213.2364 JPY per GBP). Providers marked with an info icon offer bespoke quotes -- your actual rate may differ. We earn commissions when you use providers through our links. Read our editorial policy.
GBP/JPY Exchange Rate Analysis
Rate trends, provider comparison, and cost breakdown for your 1,000 GBP transfer.
GBP/JPY Rate History (30 Days)
Mid-market rate trend. Current rate: 213.2364
Provider Comparison (JPY Received)
How much JPY you receive from each provider. Grey bar = perfect mid-market rate (no margin).
Cost Breakdown: Currencies Direct
Total cost of this transfer: 0.27% of the mid-market value
Is Now a Good Time to Transfer GBP to JPY?
How today's rate compares to the 12-month trend
12-Month Trend
The GBP/JPY rate is 1.4% below the 12-month average. You may want to set a rate alert for a better rate.
Past performance does not indicate future rates. Exchange rates are affected by interest rate decisions, inflation data, political events, and market sentiment. This is for informational purposes only, not financial advice.
Deep Dive: Cost & Speed Analysis
Detailed breakdowns to help you choose the best provider for your transfer
Bank vs Specialist Savings
How much more JPY you get using Currencies Direct vs a typical UK bank
200,628.84 JPY
Rate: 205.7732 + £25 fee
212,660.71 JPY
Rate: 212.6607 + no fee
Bank estimate based on typical UK high-street bank margin of 3.5% and £25 transfer fee. Actual bank costs vary. This is for illustrative purposes only.
Delivery Speed to Japan
Estimated time for your transfer to arrive, from fastest to slowest
Cost by Transfer Amount
Total cost (in GBP) at different transfer sizes. Lower is better. Providers with flat fees become more competitive on larger amounts.
Key insight: Currencies Direct has zero fees and a tight margin, making it consistently competitive across all amounts. For transfers over £50,000, contact providers directly for a bespoke rate — it's nearly always better than the online price.
How to Transfer GBP to JPY
Compare Rates Above
Use the provider cards above to see how much JPY you'll receive for your GBP. The live mid-market rate is 213.2364 -- providers typically charge 0.05%-0.80% below this.
Create an Account
Sign up with your chosen provider. You will need valid photo ID and proof of address. Most providers verify you within minutes.
Send Your Transfer
Enter the amount in GBP, add your recipient's bank details in Japan, and confirm. Funds typically arrive within 1-3 business days.
Learn More
How Transfers Work
SWIFT, correspondent banking, and settlement explained.
Mid-Market Rate Guide
What the mid-market rate is and why it matters.
Forward Contracts
Lock in today's rate for up to 24 months ahead.
FCA Regulation Guide
Why regulation matters for your transfers.
Hidden Costs of Transfers
How banks hide fees in exchange rate markups.
Buying Property Abroad
Currency management for overseas real estate.
All Provider Reviews
In-depth expert reviews of every listed provider.
Compare All Rates
Back to the homepage to compare a different corridor.
Key Facts: GBP to JPY Transfers
Payment Network
Zengin (domestic) / SWIFT (international)
Typical Speed
1-3 business days
Currency Symbol
¥ (JPY)
Japan Bank Code
Yes -- 4-digit bank code + 3-digit branch code
Banking & Payment Details for Japan
Japan uses the Zengin system for domestic transfers but international transfers arrive via SWIFT. You will need the recipient's bank code (4 digits), branch code (3 digits), account number, and the account holder's name in katakana. Japanese banks are strict about name matching -- ensure the name matches exactly as registered.
Tips for Sending GBP to Japan
JPY is a safe-haven currency -- the rate often moves sharply during global market uncertainty.
Japanese banks charge receiving fees of ¥2,000-4,000 (roughly £10-20). Factor this into your comparison.
Name matching in katakana is critical. Ask your recipient to confirm the exact katakana spelling registered with their bank.
Transfers sent on Friday UK time may not arrive until Tuesday Japan time due to weekend processing.
Regulatory & Tax Considerations
Key rules and thresholds when transferring money between United Kingdom and Japan
UK FCA Authorisation Required
All money transfer providers operating in the UK must be authorised by the Financial Conduct Authority (FCA) as an Authorised Payment Institution or Electronic Money Institution. Every provider in our comparison holds an active FCA authorisation. You can verify this at register.fca.org.uk.
UK: Transfers Over £10,000
UK money transfer providers are required to collect additional information for transfers over £10,000 under the Money Laundering Regulations 2017. You may need to provide proof of source of funds (e.g. payslip, sale contract, bank statement). This is standard compliance -- not a sign of a problem.
Capital Gains on Currency Movements
If you hold a foreign currency balance and the exchange rate moves in your favour before converting back to GBP, any gain over the annual exempt amount (£3,000 for 2024/25) may be subject to Capital Gains Tax. This primarily affects people holding large amounts in foreign accounts.
Japan: BOJ Reporting
Transfers exceeding ¥30 million (approximately £160,000) to or from Japan must be reported to the Bank of Japan. For amounts between ¥1-30 million, the receiving bank handles reporting automatically.
Japan: Gift Tax on Large Transfers
If your recipient in Japan is not a family member, large transfers may be considered a gift and subject to Japan's gift tax (10-55%). Transfers to support family members are generally exempt.
This is general information only and does not constitute legal, tax, or financial advice. Consult a qualified professional for advice specific to your circumstances.
GBP to JPY Transfer FAQs
We're a comparison service, not financial advisors. The information above is for general guidance only. See our terms for full details.
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