Payouts to Japan
Pay Japanese yen from USDT or USDC
Japan's corridor is for smaller, frequent payments: freelance developers, translators and designers, subscription and licensing fees, and the trading company invoices that Japanese suppliers issue in yen. XEROF pays JPY to a Japanese bank account from a USDT or USDC balance, business to business, business to consumer and consumer to business, up to JPY 1,000,000 per payment.
How a payout to Japan works
The per-payment ceiling is low by design of the receiving market. A larger invoice is settled as several payments to the same beneficiary from one conversion, each confirmed separately.
- Payout currency
- JPY
- Paid to
- Bank account in Japan
- Payment types
- B2B (business to business), B2C (business to consumer), C2B (consumer to business)
- Maximum per payment
- JPY 1,000,000 per payment
- Rails
- Local bank transfer in JPY
- Pricing
- Per corridor: the JPY leg is quoted per payment on the confirmation
Who pays Japanese yen this way
- A company paying Japanese freelancers and contractors their monthly fees in yen.
- A business settling licensing, subscription or agency invoices from a Japanese supplier.
- A private client paying a Japanese business, such as a school, clinic or property manager.
Paying Japan from Zug: timing and practicalities
Tokyo is seven to eight hours ahead of Zug, so a yen payment confirmed during the Swiss working day is processed at the opening of the next Japanese banking day. Japanese banks close for Golden Week at the start of May and for the New Year period.
The beneficiary name is matched in its registered form, usually katakana for individuals and the registered corporate name for companies, and a mismatch is returned rather than corrected. The JPY 1,000,000 per-payment ceiling means recurring contractor invoices suit this corridor better than single large settlements.
What XEROF needs before the first payment
- Beneficiary name in the registered katakana or romanised form, bank, branch and account number.
- The invoice or contract the payment settles.
A worked example in JPY
- You send
- USDT 20,000 on ERC-20
- XEROF converts
- USD 20,000 equivalent at the live rate
- Beneficiary receives
- JPY in payments of up to JPY 1,000,000 each
- Fees on this example
- Brokerage fee plus the quoted JPY leg
Common questions
- Does the beneficiary name have to match exactly?
- Yes. Japanese banks match the name in the registered form, usually katakana for individuals. A mismatch is the most common reason a yen payment is returned.
- What is the maximum for a JPY payout to Japan?
- JPY 1,000,000 per payment, set by the receiving market.
Japan: limits set by the receiving market, availability subject to screening and partner requirements, indicative and not an offer. See the coverage table.
Open a XEROF account to pay Japanese yen in Japan.