Banking
Japan — Banking: International Transfers
Under the Foreign Exchange and Foreign Trade Act, settlements between residents and non-residents above the yen equivalent of JPY 30 million are reportable; those at JPY 30 million or less are not.
VerifiedGovernment / official sourceBank of Japan / Ministry of Finance — FEFTA reporting of cross-border settlementsLast reviewed: 2026-10-23
Key facts
- Resident-to-nonresident settlements above the yen equivalent of JPY 30 million are reportable under Article 55 of the Foreign Exchange and Foreign Trade Act.
- Transactions of JPY 30 million or less per settlement do not require a report.
- The Bank of Japan compiles balance of payments statistics for the Finance Minister from these reports.
- A bill amending FEFTA was promulgated on 5 June 2026 to strengthen inward investment screening; it does not change remittance reporting.