If you’re a customer of Wise Japan, you will be able to send Large Amount transfers using Wise for amounts up to 150,000,000 Japanese Yen equivalent to and from any currency we support through our Large Transfers product, powered by our Type 1 licence.
However, because of regulations, the new Large Transfers limit of up to 150,000,000 JPY equivalent only applies to Sending money. If you try to send a large transfer in any other way, such as from your balances, it won't work. For sending money directly from your balances, and for adding money to your balances, the previous 1,000,000 JPY or equivalent limit remains unchanged.
Being a customer of Wise Japan means your Wise account address shows Japan as the country of residence.
Here’s a recap to get you familiar with our limits:
If you are | The limit is |
---|---|
Sending money from your bank, card or alternative payment methods to another bank, card or alternative payment method | Up to 150,000,000 JPY or equivalent in other currencies |
Holding money in your account’s balances | Up to 1,000,000 JPY equivalent across all balances - see holding limits if you live in Japan |
Adding money to your Wise balance | Up to 1,000,000 JPY at once |
Withdrawing money from your Wise balance | Up to 1,000,000 JPY or equivalent per withdrawal |
If you live abroad, these holding and sending limits won't apply to you, and you should refer to the currencies page for your limits instead.
Sending Large Transfers from the Wise app
If you’re using the Wise app, follow these instructions to set up a Large Transfer
From the Home screen, select Send
Select your recipient, if applicable
Type the amount you wish to send
Choose the way you wish to pay by tapping the Change button in the Paying with section
Click Continue to finish setting up your transfer, and pay using the Paying with method you chose.
Sending Large Transfers from the Wise website
If you’re using the website on either a computer or a phone, follow these instructions:
From the Home screen, select Send
Select your recipient, if applicable
Type the amount you wish to send
Choose the way you wish to pay by tapping the Change button in the Paying with section
Click Continue to finish setting up your transfer, and pay using the Paying with method you chose.
Make sure you are using Send for Large Transfers
If you’re sending more than 1,000,000 JPY at once, you won’t be able to use your Wise balance as a Paying with method. In that case, you'll see the following error message:
“You can't withdraw more than 1,000,000 JPY (equivalent to 1,000,000 JPY) from balance. Make sure to use Send, and to choose an available method, such as Bank Transfer, to pay in with.”
Make sure to follow the steps outlined above and to select any other available payment methods, such as Bank Transfer, by tapping or clicking on the Change button in the Paying with section just below the transfer amount you typed.
If you’re unable to see the Change button or the Paying with section, please make sure you are setting up your transfer by choosing Send in your Wise Home. Due to regulation, you won't be able to change the Paying with method if you selected Add or Send from your Wise Balance.