Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's EUR to KRW (Euro to South Korean Won) exchange rates

Portugal
South Korea
EUR

Interbank Exchange Rate: 1 EUR = 1,716.9389 KRW
Updated about 1 hours ago

Found 12 Remittance Service Providers

(*)(*)(*)(*)( )
1000 EUR =
1 714 510.00 KRW
Transfer Limit (EUR): 0 - 20000
Locked-In Rate1 EUR = 1,714.5100 KRW

📢 Special exchange rate applied for first transfer
(*)(*)(*)(*)(*)
1000 EUR =
1 712 257.80 KRW
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 1,712.2578 KRW
( )( )( )( )( )
1000 EUR =
1 701 972.20 KRW
Transfer Limit (EUR): 10 - 3525.322
Indicative Rate1 EUR = 1,701.9722 KRW
(*)(*)(*)(*)(*)
1000 EUR =
1 699 577.00 KRW
Transfer Limit (EUR): 1 - 1000000
Locked-In Rate1 EUR = 1,699.5770 KRW
(*)(*)(*)(*)( )
1000 EUR =
1 697 510.90 KRW
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 1,697.5109 KRW
(*)(*)(*)(*)(*)
1000 EUR =
1 690 105.70 KRW
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 1,690.1057 KRW

📢 B2B transfers only
(*)(*)(*)(*)(*)
1000 EUR =
1 689 082.90 KRW
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 1,689.0829 KRW

📢 Get promotional rate on your first transfer
(*)(*)( )( )( )
1000 EUR =
1 688 780.50 KRW
Transfer Limit (EUR): 12 - 3848.9313
Indicative Rate1 EUR = 1,688.7805 KRW
( )( )( )( )( )
1000 EUR =
1 688 700.00 KRW
Transfer Limit (EUR): 100 - 99000000
Indicative Rate1 EUR = 1,688.7000 KRW
(*)(*)(*)(*)(*)
1000 EUR =
1 669 045.00 KRW
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 1,669.0450 KRW
(*)(*)(*)( )( )
1000 EUR =
1 606 613.10 KRW
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 1,606.6131 KRW

📢 New! Cash pickup available
(*)(*)(*)(*)(*)
1000 EUR =
1 601 280.00 KRW
Transfer Limit (EUR): 1 - 10000
Locked-In Rate1 EUR = 1,601.2800 KRW

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Euro to South Korean Won money transfers

Easily compare money transfer providers in one place to send money from Portugal to South Korea. Send money overseas to your loved ones by comparing Euro (EUR) to South Korean Won (KRW) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

When making a money transfer to South Korea from Portugal, we currently have 12 remittance service providers available.

Remitly currently offers the most competitive rate for sending money to South Korea and their 1 EUR to KRW exchange rate today is 1,714.5100.

The next best Euro to South Korean Won exchange rate today for money transfers to South Korea is offered by Instarem (1 EUR = 1,712.2578 KRW).

TalkRemit and Wise are amongst other competitive providers to consider for Portugal to South Korea money transfers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Portugal.

Were you looking to send money from South Korea to Portugal instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest EUR to KRW Conversion Rates

Here are some latest EUR to KRW (Euro to South Korean Won) exchange rates for popular conversion amounts*.

1 EUR1,716.94 KRW
5 EUR8,584.69 KRW
10 EUR17,169.39 KRW
25 EUR42,923.47 KRW
50 EUR85,846.95 KRW
100 EUR171,693.89 KRW
150 EUR257,540.84 KRW
200 EUR343,387.78 KRW
250 EUR429,234.73 KRW
300 EUR515,081.67 KRW
400 EUR686,775.56 KRW
500 EUR858,469.45 KRW
600 EUR1,030,163.34 KRW
700 EUR1,201,857.23 KRW
800 EUR1,373,551.12 KRW
1,000 EUR1,716,938.90 KRW
1,500 EUR2,575,408.35 KRW
2,000 EUR3,433,877.80 KRW
2,500 EUR4,292,347.25 KRW
3,000 EUR5,150,816.70 KRW
4,000 EUR6,867,755.60 KRW
5,000 EUR8,584,694.50 KRW
10,000 EUR17,169,389.00 KRW
15,000 EUR25,754,083.50 KRW
20,000 EUR34,338,778.00 KRW
30,000 EUR51,508,167.00 KRW
40,000 EUR68,677,556.00 KRW
50,000 EUR85,846,945.00 KRW
100,000 EUR171,693,890.00 KRW

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Portugal to South Korea?

With the global remittance market booming, there are so many choices for Euro to KRW money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to South Korea from Portugal. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final KRW amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for sending money from Portugal to South Korea?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to South Korea from Portugal.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your EUR to South Korean Won remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for EUR to KRW remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to send money from Portugal to South Korea?

The final amount your recipient gets when you send EUR to KRW is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Portugal to South Korea used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send South Korean Won is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Euro to South Korea exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to transfer money from Portugal to South Korea?

We do not recommend using your local bank in Portugal for your next EUR to KRW overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Portugal to South Korea (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending KRW to South Korea. These companies will let you use your local bank account in Portugal to pay for your South Korea money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to transfer money from Portugal to South Korea?

The speed of your Euro to South Korean Won funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert EUR to KRW. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to South Korea from Portugal is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in South Korea if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout KRW into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Portugal bank to South Korea bank transfer.


Which are the best money transfer companies to transfer money to South Korea from Portugal?

Comparing money transfer companies for sending money to South Korea from Portugal can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to South Korea. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Euro to South Korean Won transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the South Korean Won yield on every Euro that you send.


Step by step guide to send money to South Korea from Portugal

Follow the below easy steps to send money to South Korea from Portugal.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Portugal bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in South Korea).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your EUR to KRW remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.