Wise Expands in Brazil with New Payment Institution License
We have some excellent news to share: we’ve received our second licence from the Central Bank of Brazil, this time as a payment institution. Until now, we...
Today, we are dropping our fees to send money from JPY.
We’ve done this because it’s the right thing to do. When people and businesses switch to Wise, we get closer to achieving our mission of money without borders: instant, convenient, transparent, and eventually free. That means that we can pass the savings on to you.
We’ve already dropped our fees, this means you can already send more for less, no matter what amount you send from JPY.
For reference, here are the fees to send 200,000 JPY to Euro, GBP and USD.
New fees
Send ¥200,000 to | Old fee | New fee | Price dropping by up to |
---|---|---|---|
Euro | ¥1719 | ¥1311 | 24% |
GBP | ¥1722 | ¥1314 | 24% |
USD | ¥1791 | ¥1383 | 23% |
(The old and new fees are based on the exchange rate on 24th March, 2020)
You can log in to use the calculator or check our pricing page to see how the changes will affect the transfers you make.
Since last year, we’ve gained a lot of customers, and they've driven our costs down on many transfer amounts and routes. At the same time, we've gotten better at what we do, and that's brought our costs down too.
We’ve used those savings to lower our fees where we can, which means most of you will be able to send money for even less.
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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