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

Compare today's KRW to LBP (South Korean Won to Lebanese Pound) exchange rates

South Korea
Lebanon
KRW

Interbank Exchange Rate: 1 KRW = 61.3275 LBP
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about South Korean Won to Lebanese Pound money transfers

Easily compare money transfer providers in one place to send money from South Korea to Lebanon. Send money overseas to your loved ones by comparing South Korean Won (KRW) to Lebanese Pound (LBP) 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.

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 Korea.

Were you looking to send money from Lebanon to South Korea 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 KRW to LBP Conversion Rates

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

1 KRW61.33 LBP
5 KRW306.64 LBP
10 KRW613.28 LBP
25 KRW1,533.19 LBP
50 KRW3,066.38 LBP
100 KRW6,132.75 LBP
150 KRW9,199.13 LBP
200 KRW12,265.50 LBP
250 KRW15,331.88 LBP
300 KRW18,398.25 LBP
400 KRW24,531.00 LBP
500 KRW30,663.75 LBP
600 KRW36,796.50 LBP
700 KRW42,929.25 LBP
800 KRW49,062.00 LBP
1,000 KRW61,327.50 LBP
1,500 KRW91,991.25 LBP
2,000 KRW122,655.00 LBP
2,500 KRW153,318.75 LBP
3,000 KRW183,982.50 LBP
4,000 KRW245,310.00 LBP
5,000 KRW306,637.50 LBP
10,000 KRW613,275.00 LBP
15,000 KRW919,912.50 LBP
20,000 KRW1,226,550.00 LBP
30,000 KRW1,839,825.00 LBP
40,000 KRW2,453,100.00 LBP
50,000 KRW3,066,375.00 LBP
100,000 KRW6,132,750.00 LBP

*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 from South Korea to Lebanon?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from South Korea to Lebanon. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer South Korean Won to LBP.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send KRW to LBP in Lebanon. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Lebanon from South Korea. We provide you with maximum choices to send money to Lebanon by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best remit rate for transferring money from South Korea to Lebanon?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your KRW to Lebanese Pound money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from South Korea to Lebanon. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for KRW to LBP remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


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

One of the most important things to watch out for is hidden fees when sending money to Lebanon from South Korea. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Lebanon using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Lebanese Pound foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best KRW to Lebanon exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Lebanon from South Korea.


How to send money to Lebanon from South Korea through a bank?

Bank transfers have been a traditionally popular way to send money overseas from South Korea to Lebanon. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the KRW to LBP exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your South Korea bank for your Lebanon money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to do a money transfer to Lebanon from South Korea?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from South Korea to Lebanon. 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 KRW to LBP 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 South Korean Won amount reaching Lebanon. 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 Lebanese Pound quickly to Lebanon, 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 to Lebanon from South Korea?

Since the South Korean Won to Lebanese Pound money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in South Korea that may also be able to send money to Lebanon. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your KRW to LBP money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Lebanon gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next South Korea to Lebanon transaction.


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

With so many possible ways to transfer South Korean Won to Lebanese Pound, 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 Korea to Lebanon 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 Korea and the receiver in Lebanon. 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 KRW to Lebanese Pound money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.