"I used MTFX for the first time to purchase and send currency abroad and they made the experience effortless. They monitored the transaction every step of the way and reassured me. The team is professional and knowledgeable. It was a very positive experience and I will definitely be using them for my regular transactions."
Send Money to Japan from Canada
Send money to Japan from Canada with bank-beating CAD to JPY exchange rates, clear transfer costs and fast, secure online transfers. Convert Canadian dollars to Japanese yen and see the estimated amount your recipient will receive before confirming your transfer.
Live CAD to JPY Exchange Rate Calculator
Convert CAD to JPY, compare exchange rates, and send money online to Japan with MTFX.
Exchange rates
We use mid-market rates. This is for informational purposes only. Log in to view send rates.
Compare MTFX vs Canadian banks for CAD to JPY transfers
Why Canadians trust MTFX for Japan money transfers
From a tuition payment to a property deposit or supplier invoice, MTFX helps you send money from Canada to Japan with bank-beating exchange rates & full-time support throughout the transfer.
Trusted since 1996
Decades of experience helping Canadians send money.
FINTRAC-regulated
Registered with FINTRAC under Canadian anti-money laundering laws.
Dedicated FX support
Get help from FX specialists for JPY transfers.
Fast and secure JPY transfers
Send money to Japan securely with fast, reliable processing.
What customers say about MTFX
See why customers trust MTFX for competitive exchange rates, secure international transfers & dedicated support when sending money to Japan.
Transfer money to Japan from Canada with competitive rates
Send money securely with competitive CAD to JPY exchange rates from MTFX.
Transfer money to Japan from Canada in 3 simple steps
Create your account, check your quote & add the recipient’s Japanese bank details to transfer money from Canada to Japan.

Open your free account and verify
Create your account and complete verification so you are ready to arrange your money transfer to Japan.

Check your quote and book
Review your CAD to JPY exchange rate, enter your recipient’s bank details and confirm the transfer.

Fund your account and send
Fund your transfer using an available payment method, and we’ll send the money to your recipient in Japan.
How to fund your MTFX account
After booking your transfer, the next step is to send funds to your MTFX account. Select the funding method that works best for the amount you are transferring and how you prefer to make your payment.
Interac e-Transfer
Send funds from your Canadian bank account using Interac e-Transfer. It is a convenient way to fund your transfer directly through online or mobile banking.
Bill Payment
Add MTFX as a bill payee through your Canadian online banking account and send your transfer funds using your bank’s bill payment option. It is a simple choice for funding directly from your account.
Wire Transfer
Use a wire transfer when sending larger amounts to MTFX. Follow the wire instructions provided for your transfer and send the funds directly from your Canadian bank account.
Cheapest way to send money to Japan from Canada
The cheapest way to send money from Canada to Japan depends on the CAD to JPY exchange rate, transfer fees and any intermediary or receiving-bank charges.
- Competitive CAD to JPY exchange rates
- Low or transparent transfer fees
- Clear pricing with no hidden costs
- Dedicated support for Japan transfers
Review your CAD to JPY exchange rate, transaction fees and total cost before confirming your transfer.
Is it safe to send money from Canada to Japan with MTFX?
MTFX is registered with FINTRAC and uses account security, identity checks and transaction monitoring to help protect international transfers. Review the recipient’s bank details carefully before confirming any payment.

FINTRAC-regulated
MTFX is registered and regulated by FINTRAC under registration No. M08042065, ensuring compliance with anti-money laundering requirements.
Secure account access
All sensitive data is secured with high-end encryption protocols, keeping your information safe from unauthorized access.
Verified transfers
Transfer details are reviewed to help protect your funds and reduce the risk of errors or suspicious activity.
Two-factor authentication (2FA)
We enforce two-factor authentication (2FA) for protection, so if someone gets hold of your password, they can’t access your account.
Common reasons Canadians send money to Japan
Convert CAD to JPY for one-time and recurring payments to Japan, from family support to education, property and business expenses.
Buy property in Japan
Arrange a deposit or purchase payment with a CAD to JPY quote and support for a larger transfer.
Pay Japanese tuition
Make education payments in yen and allow time for the institution to identify and credit your transfer.
Support family in Japan
Send funds to a family member’s eligible Japanese bank account for everyday expenses or a planned purchase.
Cover living and travel expenses
Move money for rent, relocation costs or other expenses that need to be paid into a Japanese bank account.



