Services
PayForex Incoming
From overseas to Japan PayForex Incoming
- Unified management system of incoming remittance to Japan from overseas banks and fund transfer providers
- Lower fees compared to bank-to-bank remittances
- Our bi-directional API can be customized to link with your system quickly
PayForex Incoming is a P2P (Peer-to-Peer) inward remittance service that operates on bi-directional connections between foreign banks including fund transfer service providers and our PayForex system.
As a result of not using the existing infrastructure for international bank-to-bank remittances, the fees for the receiving banks are free of charge, and the time required for the funds to arrive at the beneficiary account is shorter.
Additionally, as part of anti-money laundering measures, verifying the validity of the recipient account is conducted, which reduces the risk of fund returns and leads to improvement of services for remittances to Japan.
