SHINSEI BANK

GoRemit Sending money overseas from Japan just got better

GoRemit Sending money overseas from Japan just got better

Why GoRemit is the answer

Smartphone remittance

Use your smartphone every step of the way from initial procedures to the final transfer.

Quick & Easy Remittances!

Bilingual assistance

Get assistance in Japanese or English over the phone, with our app, or online.

Great Value International Money Transfers!

170+ countries

Service with 12 currencies in over 170 countries.

Multiple Remittance Destinations!

Remittance made easy

Add multiple beneficiaries just once, and keep using them for future transfers.

No need to open an account with Shinsei Bank!

Anywhere, anytime

Use your smartphone and wire money without even stepping into a bank.

Individual customers

Find out how GoRemit helps individuals send money overseas without the hassle.

About GoRemit 

The GoRemit app

Download the free GoRemit app, and wire money overseas with added convenience. Click "Learn More" for more information on just how this app makes overseas remittance so much easier.

GoRemit App

Download below Free

What's new

FAQ

What exchange rate applies?

Funds received by 3 p.m. on a business day will be converted from Yen to the currency specified on your application form using the GoRemit TTS (Telegraphic Transfer Selling) which is updated after 10 a.m. every business day and valid until 3 p.m. on the same day. If the funds arrive after 3 p.m., the TTS exchange rates of the following business day will apply.
Please check here for the latest GoRemit rates.

How long does it take to remit funds?

Funds received by 3 p.m. on business days will be converted into your selected foreign currency at the foreign exchange rates quoted on that day and processed on the same day by Shinsei Bank. If the selected currency is JPY, funds received by 12 noon will be remitted on the same day. Depending on the beneficiary country and bank, funds will typically arrive within 3 business days; however, screening processes and local banking practice on the beneficiary end may cause delays in some cases.

Are any additional fees besides the
remittance fee of JPY2,000 charged?

Yes. For overseas remittance charges and other fees, please check the remittance charges on the GoRemit website.

Have questions? Let us help.

Feel free to contact us about any questions or concerns you may have.

Call us at

0120-227-503

9:00 a.m.-5:00 p.m. (Weekdays)

Important points on the GoRemit Shinsei Overseas Remittance Service

  • In order to use the GoRemit Shinsei Overseas Remittance Service (GoRemit), you need to apply in advance.

<Overseas Remittance by transfer to our designated collection account>

  • When making transfers to our designated collection account, funds received by 3:00 p.m. on business days will be remitted after converted from yen to the foreign currency using the GoRemit TTS (Telegraphic Transfer Selling) exchange rate for that day. If yen funds arrive after 3:00 p.m., they will be converted and remitted on the immediately following business day using the GoRemit TTS exchange rate for that (the following) day.
  • In cases when Yen is the denominated remittance currency, funds received by 3:00 p.m. will be processed on the immediately following business day. Funds received after 3:00 p.m. will be processed on the business day after the immediately following business day.
  • The remittance fee is JPY 2,000 per remittance and is not dependent on the amount you remit. For remittances in Japanese yen, an additional lifting fee of 0.1% of the remittance amount (minimum charge of JPY 1,500) will be charged in addition to the JPY 2,000. Domestic transfer fees are borne by the customer.

<Overseas Remittance from Shinsei PowerFlex accounts (for individual customers)>

If you wish to make remittances with the GoRemit Overseas Remittance Service by withdrawing funds directly from your Shinsei PowerFlex account, you will need to register your PowerFlex account with the GoRemit app separately in advance.

  1. Remittance from Yen Deposit accounts
    • When making a foreign currency remittance by withdrawing from your Shinsei PowerFlex Yen Deposit account, remittance request instructions received before 3:00 p.m. on a business day will be remitted after converted from yen to the foreign currency using the GoRemit TTS exchange rate for that day. In cases when Yen is the denominated remittance currency, remittances will be processed on the immediately following business day. (Please note that foreign currency-denominated remittance request instructions cannot be sent after 3:00 p.m.. Yen-denominated remittance requests may be sent after 3:00 p.m., however funds will be remitted on the business day after the immediately following business day.)
    • The remittance fee is JPY 2,000 per remittance, and is not dependent on the amount you remit.
  2. Remittance from Foreign Currency Deposit accounts
    • When making a foreign currency remittance by withdrawing from your Shinsei PowerFlex Foreign Currency Deposit account, remittance request instructions received by 3:00 p.m. on a business day will be remitted on the following business day. For remittance request instructions received after 3:00 p.m., we will remit 1 day after the following business day.
    • The remittance fee is JPY 4,000 per remittance, and is not dependent on the amount you remit.
    • Intermediary banks overseas may deduct fees. In addition, beneficiary banks in some countries may also levy charges.
    • Depending on the beneficiary country and bank, funds will typically arrive within 1-3 business days after we make the remittance, however screening processes and local banking practices on the beneficiary end may cause delays in some cases.

  • Intermediary banks overseas may deduct fees. In addition, beneficiary banks in some countries may also levy charges.
  • Depending on the beneficiary country and bank, funds will typically arrive within 1-3 business days after we make the remittance, however screening processes and local banking practices on the beneficiary end may cause delays in some cases.