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

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

South Korea
Luxembourg
KRW
Interbank Exchange Rate: 1 KRW = 0.0006 EUR
Updated about an hour ago

Found 2 Remittance Service Providers

( )( )( )( )( )
1000 KRW =
0.60 EUR
Transfer Limit (KRW): 0 - 6000000
Locked-In Rate1 KRW = 0.0006 EUR
(*)(*)(*)(*)(*)
1000 KRW =
0.60 EUR
Transfer Limit (KRW): No Limits
Indicative Rate1 KRW = 0.0006 EUR

📢 B2B transfers only
1 Remit Service Providers did not match the search criteria.
(*)(*)(*)(*)(*)
1000 KRW =
0.60 EUR
Transfer Limit (KRW): 3432.2104 - 17161052
Locked-In Rate1 KRW = 0.0006 EUR

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 South Korean Won to Euro money transfers

Easily compare money transfer providers in one place to send money from South Korea to Luxembourg. Send money overseas to your loved ones by comparing South Korean Won (KRW) to Euro (EUR) 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.

RemitFinder compared 2 money transfer operators to get you the best FX rates to send money from South Korea to Luxembourg.

The best rate to send Euro from South Korean Won to your loved ones in Luxembourg is currently offered by GME Remittance; their 1 KRW to EUR exchange rate today is 0.0006.

Airwallex offers the next most competitive South Korean Won to Euro exchange rate today (currently 1 KRW = 0.0006 EUR).

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

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.

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.


Latest KRW to EUR Conversion Rates

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

1 KRW0.00 EUR
5 KRW0.00 EUR
10 KRW0.01 EUR
25 KRW0.02 EUR
50 KRW0.03 EUR
100 KRW0.06 EUR
150 KRW0.09 EUR
200 KRW0.12 EUR
250 KRW0.15 EUR
300 KRW0.18 EUR
400 KRW0.24 EUR
500 KRW0.30 EUR
600 KRW0.36 EUR
700 KRW0.42 EUR
800 KRW0.48 EUR
1,000 KRW0.60 EUR
1,500 KRW0.90 EUR
2,000 KRW1.20 EUR
2,500 KRW1.50 EUR
3,000 KRW1.80 EUR
4,000 KRW2.40 EUR
5,000 KRW3.00 EUR
10,000 KRW6.00 EUR
15,000 KRW9.00 EUR
20,000 KRW12.00 EUR
30,000 KRW18.00 EUR
40,000 KRW24.00 EUR
50,000 KRW30.00 EUR
100,000 KRW60.00 EUR

*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 South Korea to Luxembourg?

With the global remittance market booming, there are so many choices for South Korean Won to EUR 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 Luxembourg from South Korea. 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 EUR 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 remit rate for transferring money from South Korea to Luxembourg?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your South Korea to Luxembourg transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your KRW to Euro international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest South Korean Won to Euro exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way for transferring money to Luxembourg from South Korea?

When you want to send money to Luxembourg from South Korea, you obviously want the cheapest possible option to maximize the money your recipient gets in Euro. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your KRW to EUR money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from South Korea to Luxembourg. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best South Korea to Luxembourg exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Euro overseas.


Should I use my bank to send money from South Korea to Luxembourg?

Big banks in South Korea are known to make a lot of money by charging high fees on Luxembourg money transfers from South Korea. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a KRW to EUR exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Luxembourg. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from South Korea to Luxembourg. You work hard for your money, so you should also ensure you get the maximum yield when you send EUR overseas.


What is the fastest way to do a money transfer to Luxembourg 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 Luxembourg. 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 EUR 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 Luxembourg. 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 Euro quickly to Luxembourg, 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 transfer money to Luxembourg from South Korea?

South Korea to Luxembourg 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 Luxembourg 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 South Korean Won to Euro 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 Luxembourg from South Korea

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from South Korea to Luxembourg, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from South Korea to Luxembourg that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Luxembourg where they can receive monies in Euro.
  • Then, provide details of your South Korea bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your KRW travel to another part of the globe.