It is faster and good international currency rate and smaller handling fee compare to general international bank money transfer.
We are recommending to use Transfer Wise for international money transaction rather than bank to bank transfer.
What's the benefit to use Transfer Wise for you ?
- Good currency rate compare to general bank. For the large amount of transaction you may save few hundred bucks.
- Much cheaper handling fee. You don't need to pay $20-$30 international money transfer fee to your bank.
- You can see the transaction status all the time.
- It will complete transaction within 1-2 days. (If you already have approved account)
Here is the instruction
(This instruction is from smart phone App but of course you can do this from Transfer Wise web site)
Please register your account at Transer Wise (https://transferwise.com)
After installed App into your phone click Recipients.
Choose "Someone else"
Copy this text → [ タローズ トレード ジヤパン オガタ タロウ ]
Past to " Name of recipient "
Choose Bank Name as " Rakuten Bank "
Choose Account Currency as " JPY - Japanese "
In the Branch Name section
Please Type " 222 " in the search box and choose " ハープ "
Choose Account Type " 普通 ( Futsuu )
Type Account Number " 5002382 "
Add Amount in Japanese yen (JPY)
And click " Send Money " button
After clicked " send moeny " you will receive confirmation email from Transfer Wise.