Reviews / SBI Remit
SBI Remit
★ 4.3A Japan-based global remittance specialist, part of the SBI Holdings financial group, with a long-established international money transfer business and app-based sending for Japan's large Nepali resident community.
Visit official website ↗What's good
- +Japan-headquartered and long-established in the international money transfer business, with broad currency and country coverage
- +App and online transfer options, in addition to physical locations, aimed at Japan's resident foreign worker and student communities
- +Regulated as a licensed Funds Transfer Service Provider under Japan's Payment Services Act
- +Wide destination-country coverage, including strong support for South and Southeast Asian corridors like Nepal
What to watch for
- –Exchange-rate margin and fees should still be compared against IME Remit, Prabhu Remit, and other providers on the Japan corridor page — being Japan-based doesn't automatically mean the cheapest rate for NPR
- –As with most bank-linked remittance services, first-time setup can require more identity verification than app-first fintech competitors
Why SBI Remit matters for the Japan corridor
With roughly 185,000 Nepalis living in Japan — the largest South Asian community in the country — a Japan-headquartered remittance specialist with deep local banking integration is a natural fit for many senders, particularly those who prefer a Japanese-language app and support experience over an international fintech.
What to check before sending
Being Japan-based doesn’t automatically mean the best NPR payout. Compare SBI Remit’s quoted JPY → NPR rate and fee against other providers on the Japan corridor page before committing to a larger transfer, the same way you would for any provider.
Frequently asked questions
Is SBI Remit good for sending money to Nepal from Japan?+
It's a solid, well-established option backed by a major Japanese financial group, with good coverage for the Nepal corridor. As with any provider, compare its quoted rate against IME Remit, Prabhu Remit, and others on the Japan corridor page before sending a larger amount.
Does SBI Remit have an app?+
Yes — SBI Remit offers app and online transfer options aimed at Japan's foreign resident community, in addition to in-person service.
Is SBI Remit regulated in Japan?+
Yes — it's registered as a Funds Transfer Service Provider under Japan's Payment Services Act, and operates as part of the SBI Holdings financial group.