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

Compare today's GBP to KRW (British Pound to South Korean Won) exchange rates

South Georgia and the South Sandwich Islands
South Korea
GBP

Interbank Exchange Rate: 1 GBP = 1,989.5834 KRW
Updated about an hour ago

Found 4 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 GBP =
1 975 243.00 KRW
Transfer Limit (GBP): 1 - 1000000
Locked-In Rate1 GBP = 1,975.2430 KRW
(*)(*)(*)(*)( )
1000 GBP =
1 969 452.10 KRW
Transfer Limit (GBP): No Limits
Locked-In Rate1 GBP = 1,969.4521 KRW
( )( )( )( )( )
1000 GBP =
1 957 020.00 KRW
Transfer Limit (GBP): 100 - 99000000
Indicative Rate1 GBP = 1,957.0200 KRW
(*)(*)(*)( )( )
1000 GBP =
1 861 852.20 KRW
Transfer Limit (GBP): No Limits
Indicative Rate1 GBP = 1,861.8522 KRW

📢 New! Cash pickup available

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 British Pound to South Korean Won money transfers

Easily compare money transfer providers in one place to send money from South Georgia and the South Sandwich Islands to South Korea. Send money overseas to your loved ones by comparing British Pound (GBP) 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 South Georgia and the South Sandwich Islands, we currently have 4 remittance service providers available.

Wise currently offers the most competitive rate for sending money to South Korea and their 1 GBP to KRW exchange rate today is 1,975.2430.

The next best British Pound to South Korean Won exchange rate today for money transfers to South Korea is offered by OFX (1 GBP = 1,969.4521 KRW).

CurrencyFair and XE Money Transfer are amongst other competitive providers to consider for South Georgia and the South Sandwich Islands 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 South Georgia and the South Sandwich Islands.

Were you looking to send money from South Korea to South Georgia and the South Sandwich Islands 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 GBP to KRW Conversion Rates

Here are some latest GBP to KRW (British Pound to South Korean Won) exchange rates for popular conversion amounts*.

1 GBP1,989.58 KRW
5 GBP9,947.92 KRW
10 GBP19,895.83 KRW
25 GBP49,739.59 KRW
50 GBP99,479.17 KRW
100 GBP198,958.34 KRW
150 GBP298,437.51 KRW
200 GBP397,916.68 KRW
250 GBP497,395.85 KRW
300 GBP596,875.02 KRW
400 GBP795,833.36 KRW
500 GBP994,791.70 KRW
600 GBP1,193,750.04 KRW
700 GBP1,392,708.38 KRW
800 GBP1,591,666.72 KRW
1,000 GBP1,989,583.40 KRW
1,500 GBP2,984,375.10 KRW
2,000 GBP3,979,166.80 KRW
2,500 GBP4,973,958.50 KRW
3,000 GBP5,968,750.20 KRW
4,000 GBP7,958,333.60 KRW
5,000 GBP9,947,917.00 KRW
10,000 GBP19,895,834.00 KRW
15,000 GBP29,843,751.00 KRW
20,000 GBP39,791,668.00 KRW
30,000 GBP59,687,502.00 KRW
40,000 GBP79,583,336.00 KRW
50,000 GBP99,479,170.00 KRW
100,000 GBP198,958,340.00 KRW

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


What's the best way to send money to South Korea from South Georgia and the South Sandwich Islands?

With the global remittance market booming, there are so many choices for British Pound 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 South Georgia and the South Sandwich Islands. 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 South Georgia and the South Sandwich Islands to South Korea?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to South Korea from South Georgia and the South Sandwich Islands. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your GBP to South Korean Won money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the South Georgia and the South Sandwich Islands to South Korea corridor to give you more good choices for your next KRW money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money from South Georgia and the South Sandwich Islands to South Korea?

The final amount your recipient gets when you send GBP 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 South Georgia and the South Sandwich Islands 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 British Pound 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 send money from South Georgia and the South Sandwich Islands to South Korea?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your South Georgia and the South Sandwich Islands to South Korea money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like GBP to KRW transfers.

Given this, there are umpteen additional options to send money to South Korea instead of just your South Georgia and the South Sandwich Islands bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your British Pound even more so that your recipient in South Korea gets the maximum amount.


How to send money from South Georgia and the South Sandwich Islands to South Korea fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from South Georgia and the South Sandwich Islands to South Korea. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert GBP to KRW fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your British Pound amount reaching South Korea. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush South Korean Won quickly to South Korea, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to send money from South Georgia and the South Sandwich Islands to South Korea?

South Georgia and the South Sandwich Islands to South Korea money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach South Korea as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best British Pound to South Korean Won money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money to South Korea from South Georgia and the South Sandwich Islands

With so many possible ways to transfer British Pound to South Korean Won, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your South Georgia and the South Sandwich Islands to South Korea remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in South Georgia and the South Sandwich Islands and the receiver in South Korea. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your GBP to South Korean Won money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.