PayForex: Affordable Remittance from Japan
Answer Box
PayForex summary: Online remittance service popular among foreign residents in Japan. Competitive rates for Asia (Philippines, Vietnam, Nepal, etc.). Fund via bank transfer or convenience store. Fees from 480 yen per transfer.
PayForex Overview
| Feature | Details |
|---|---|
| Transfer Fee | 480–2,000 yen (varies by destination) |
| Exchange Rate | Competitive, updated in real-time |
| Funding | Bank transfer, convenience store, Pay-easy |
| Delivery | Bank deposit or cash pickup |
| Supported Countries | 200+ countries, strong in Asia |
| ID Required | Residence Card, My Number |
How to Use PayForex
Step 1: Register Online
Create an account at payforex.net. The interface is available in English, Chinese, Vietnamese, and other languages.
Step 2: Verify Identity
Upload Residence Card and My Number. First-time verification takes 2-3 business days.
Step 3: Create a Transfer
Select destination country, enter amount, and choose delivery method (bank deposit or cash pickup at partner locations).
Step 4: Fund the Transfer
Pay at a convenience store (Lawson, FamilyMart, etc.) using the payment code provided, or use bank transfer.
Best Use Cases
- Philippines, Vietnam, Nepal: PayForex offers some of the best rates for these corridors
- Small regular transfers: Low fixed fees make it economical for monthly remittances
- No bank account needed: Convenience store funding means you can send money without a Japanese bank account
Q: Is PayForex safe?
Yes. PayForex is operated by Entertainment Corp and registered with Japan's Financial Services Agency as a licensed fund transfer operator.
Q: How long does a transfer take?
Bank deposits typically arrive in 1-3 business days. Cash pickup may be available within hours depending on the destination and partner network.
※ This article is for informational purposes only. Fees and rates are subject to change.