Corridor Comparison
Side-by-side metrics for two remittance corridors · World Bank RPW data
| Metric | Japan → South Korea | Japan → Thailand |
|---|---|---|
| Corridor | Japan → South Korea | Japan → Thailand |
| Average cost | 19.39% | 8.33% |
| Cheapest cost | 7.97% | 2.66% |
| Cheapest provider | NTT Docomo | Wise |
| Providers tracked | 11 | 9 |
| Annual volume | - | - |
| Latest quarter | 2012Q3 | 2025Q3 |
What the Comparison Shows
The Japan → South Korea corridor currently averages 19.39%, while the Japan → Thailand corridor averages 8.33%. That makes the Japan → Thailand corridor roughly 11.1 percentage points cheaper on average. Cheapest-provider floors tell a similar story: NTT Docomo delivers South Korea at 7.97%, against Wise on the Thailand route at 2.66%.
Comparing corridors is most useful when a sender is choosing between destinations where the recipient has multiple payout options, or when an employer evaluates payroll routes for remote staff. For personal transfers, the practical takeaway is the same on every corridor, shop the cheapest provider, account for both fees and FX margin, and prefer mobile-wallet or bank-deposit payouts where available.
Data source: Source: World Bank Remittance Prices Worldwide (RPW) Database, quarterly release. Costs represent percentage of a $200 transfer amount.
Methodology reference: Source: UN Sustainable Development Goal 10.c target. Its objective is to reduce remittance transaction costs to below 3% by 2030.