Remittance corridor · World Bank RPW · 2012Q3
Japan → South Korea
Average cost sits in the upper fleet tercile at 19.4% on this Japan → South Korea route - senders pay more than typical RPW-tracked corridors.
- 19.4%
- Average cost
- 8.0%
- Cheapest · NTT Docomo
- 11
- Providers tracked
How the 19.4% average cost breaks down
World Bank RPW splits total remittance cost into the provider's transaction fee and the exchange-rate margin applied to the transfer. Same 2012Q3 figures as the detail table below.
The verdict
The World Bank last surveyed Japan → South Korea in 2012Q3, and has not priced it since. Every figure on this page is that observation, so we do not rank this corridor against the 2025Q3 release: a 19.4% reading from then is not a like-for-like comparison with corridors priced years later.
- 2012Q3
- last surveyed quarter
- 19.4%
- average cost of a $200 transfer, as of 2012Q3
- Not ranked
- outside the 2025Q3 corpus ranking
- NTT Docomo
- cheapest provider recorded in 2012Q3
Held for the historical record. Live rankings use only the 2025Q3 release.
What changed
World Bank RPW release record: 2012Q1 to 2012Q3
- Average transfer cost changed from 19.08% to 19.39% (+0.31 percentage points).
- Lowest observed transfer cost changed from 6.08% to 7.97% (+1.89 percentage points).
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Where this corridor sits by provider panel size
Japan → South Korea has 11 World Bank RPW providers among 377 tracked corridors (inventory signal, not a cost-quality ranking). Orthogonal to the cost comparison below.
Japan → South Korea vs all corridors by provider count
Where this corridor's RPW provider panel sits among every tracked route
11 74th of 377 higher than 303 of 377 corridors
Corridors, banded by RPW provider inventory
Each bar is a band; taller bars hold more corridors. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source World Bank Remittance Prices Worldwide · 2026-08-10
How Japan → South Korea compares
Average cost of a $200 transfer, percent, lower is cheaper
19.39% average - 16.4pp above target
Cost trend: Japan → South Korea
Average and cheapest cost of a $200 transfer over time, percent
Sending Country
Receiving Country
Nearby Corridors from Japan
Japan sends through 7 corridors we track. Comparing them against the Japan → South Korea route shows whether this destination is cheap or expensive relative to that country's other outbound options.
World Bank RPW fee spread
Release 2012Q3 JP→KR
19.4% avg · 8.0% floor · 11.42pp spread on $200
- AVG 19.4%
- CHEAP 8.0%
- SPREAD 11.42pp
- SDG +16.4pp
- REL 2012Q3
- PANEL 11
Fee spread manifest for Japan → South Korea: entity-varying RPW stamps plus cross-sender ABS(avg_cost) peers from the current release. Compare corridors side-by-side →
High transfer cost on Japan → South Korea
World Bank RPW prices Japan → South Korea at 19.39% (2012Q3) - above the fleet upper tercile (~6.6%). Senders here pay more than typical tracked corridors, 13.0 pp above the ~6.4% global average.
That cheapest figure comes from the World Bank's mystery-shopping survey: trained researchers pose as customers and obtain real quotes for a standardized $200 transfer, across the 11 banks, money transfer operators, post offices and mobile-money providers RPW tracks on this corridor. It is a snapshot from that survey quarter, not a live guarantee -- confirm the current rate directly with the provider before sending.
Costs here have crept up 0.31 percentage points over the tracked period, bucking the wider trend toward cheaper transfers seen on most corridors. Across 4 quarters on record, average cost ranged 18.5%–19.4%. It sits 16.4 pp above the UN SDG 10.c 3% target.
About Japan → South Korea data
PlainRemit compares international money-transfer costs across tracked corridors so you can see which routes and providers charge the least before you send money abroad. This corridor's figures are computed directly from the World Bank Remittance Prices Worldwide (RPW) quarterly survey, a mystery-shopping panel of actual transfer quotes for a standardized $200 transfer.
Average 19.39%; cheapest observed 7.97% via NTT Docomo; 11 providers tracked across 4 RPW quarters; vintage 2026-08-10.
Frequently Asked Questions
How much does it cost to send money from Japan to South Korea?
Average 19.39% of the transfer amount (World Bank RPW, 2012Q3) - upper fleet tercile (above ~6.6%). Cheapest observed: 7.97% via NTT Docomo.
What is the cheapest way to send money from Japan to South Korea?
Lowest RPW survey quote: 7.97% (NTT Docomo). Panel is high-tercile with 11 providers tracked.
Is the Japan to South Korea corridor meeting the UN SDG cost target?
Not yet: 19.4% is 16.4pp above the UN SDG 10.c 3% target and in the upper fleet cost tercile.
Read our methodology - how this data is sourced, computed, and verified.