You can make yen-denominated remittance at a lower cost when transferring between our bank and our partner banks in Asia (SMBC Indonesia, RCBC, and VPBank) using SMBC Direct.
No need for registration or entry!
Remittance fee
for sending2,000yen
for receiving0yen
Transaction currencies handled
Yen-denominated
overseas
remittance
Maximum remittable amount
500,000 yen per transaction
Eligibility
Individual customers
Terms and conditions of service
All of the following conditions must be met:
- 1The remittance must be made using SMBC Direct's foreign money transfer service
- 2When registering the recipient account in advance, the SWIFT (BIC) code of PT Bank SMBC Indonesia Tbk (SMBC Indonesia), Rizal Commercial Banking Corporation (RCBC), or Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) must be used to be performed "Search", and the recipient's transaction information must be entered
BIC Code List
| PT Bank SMBC Indonesia Tbk | SUNIIDJA |
|---|---|
| Rizal Commercial Banking Corporation | RCBCPHMM |
| Vietnam Prosperity Joint-Stock Commercial Bank | VPBKVNVX |
- 3When requesting an overseas remittance, the option of paying the bank's charges should be tagged to the code "SHA".
- 4The amount of money transferred must be 500,000 yen or less and yen-denominated.
Fee
When sending money to SMBC Indonesia, RCBC, or VPBank
- The following fees will apply：
-
- Remittance fee：2,000 yen
- Yen exchange handling fee：Free
| Usual (example)* | If the conditions are met | |
|---|---|---|
| Remittance fee | 3,000 yen | 2,000 yen |
| Yen exchange commission fee | 2,500 yen | 0 yen |
| Total | 5,500 yen | 2,000 yen |
- *When sending money in yen using SMBC Direct, with the option of paying the bank's charges tagged to the code "SHA" and for amounts of 500,000 yen or less
1Initial Set Up for SMBC Direct
Log in to SMBC Direct
SMBC Direct can be accessed via the SMBC app or the website.
SMBC Direct can be accessed via the SMBC app or the website.
Register for SMBC Safety Pass (biometric authentication) or activate a one-time password
To use the Foreign money transfer service, you will need to register for SMBC Safety Pass (biometric authentication) or activate your one-time password.
To use the Foreign money transfer service, you will need to register for SMBC Safety Pass (biometric authentication) or activate your one-time password.
For more information about SMBC Safety Pass, click here.
For more information about activating one-time password, click here.
2Implementation of overseas remittance
Apply for Foreign money transfer service
To apply, you will need to upload your personal identification documents and your "My Number" confirmation documents. Please have these ready.
To apply, you will need to upload your personal identification documents and your "My Number" confirmation documents. Please have these ready.
Pre-register the recipient's account to which you want to transfer money to
Pre registering the recipient's bank account is required for remittances. Please note that it may take some time to complete the registration.
Pre registering the recipient's bank account is required for remittances. Please note that it may take some time to complete the registration.
- To register in advance, you will need your SMBC Safety Pass or to activate a one-time password (as described in Step 2).
- You can check the status of your registration via SMBC Direct.
- When selecting the recipient's bank account, please use the SWIFT code (BIC code).
Pre-registering the account to which you want to transfer money
Request for overseas remittance
Please enter the amount to be transferred, the purpose of the transfer, etc., and submit your request.
Please enter the amount to be transferred, the purpose of the transfer, etc., and submit your request.
Notes
- If the terms & conditions are not met, the transfer will be processed at the standard fees instead of the reduced fees.
- No registration or entry is required for this, and it will be applied automatically.
- Please contact the partner bank for information about their fee structure.
- Click here for important information about foreign transfers via SMBC Direct.
- Those using the "Global Service" of SMBC Direct are also eligible for discounts.
- If you searched and specified the recipient account using "direct input" in the past, the remittances do not qualify for the reduced fees. In such cases, please delete the pre-registered information and submit a new registration request using the "Search for Beneficiary's Bank."
- Remittances deposited into a Global e-Trade service account do not qualify for the reduced fees.
