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

Compare today's KRW to USD (South Korean Won to US Dollar) exchange rates

South Korea
United States
KRW
Interbank Exchange Rate: 1 KRW = 0.0008 USD
Updated about an hour ago

Found 2 Remittance Service Providers

GMEREMITTANCE
Read more about GME Remittance
( )★★ ( )★★ ( )★★ ( )★★ ( )★★
1000 KRW =
0.70 USD
Transfer Limit (KRW): 0 - 6000000
Locked-In Rate1 KRW = 0.0007 USD
Refer a friend to earn KRW 5,000
Get first transfer for free
airwallex
Read more about Airwallex
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 KRW =
0.70 USD
Transfer Limit (KRW): No Limits
Indicative Rate1 KRW = 0.0007 USD

📢 B2B transfers only
1 Remit Service Providers did not match the search criteria.
SKRILL
Read more about Skrill Money Transfer
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 KRW =
0.70 USD
Transfer Limit (KRW): 3402.9582 - 17014791
Locked-In Rate1 KRW = 0.0007 USD

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 US Dollar money transfers

Easily compare money transfer providers in one place to send money from South Korea to United States. Send money overseas to your loved ones by comparing South Korean Won (KRW) to US Dollar (USD) 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 United States.

The best rate to send US Dollar from South Korean Won to your loved ones in United States is currently offered by GME Remittance; their 1 KRW to USD exchange rate today is 0.0007.

Airwallex offers the next most competitive South Korean Won to US Dollar exchange rate today (currently 1 KRW = 0.0007 USD).

Were you looking to send money from United States 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 USD Conversion Rates

Here are some latest KRW to USD (South Korean Won to US Dollar) exchange rates for popular conversion amounts*.

1 KRW0.00 USD
5 KRW0.00 USD
10 KRW0.01 USD
25 KRW0.02 USD
50 KRW0.04 USD
100 KRW0.08 USD
150 KRW0.12 USD
200 KRW0.16 USD
250 KRW0.20 USD
300 KRW0.24 USD
400 KRW0.32 USD
500 KRW0.40 USD
600 KRW0.48 USD
700 KRW0.56 USD
800 KRW0.64 USD
1,000 KRW0.80 USD
1,500 KRW1.20 USD
2,000 KRW1.60 USD
2,500 KRW2.00 USD
3,000 KRW2.40 USD
4,000 KRW3.20 USD
5,000 KRW4.00 USD
10,000 KRW8.00 USD
15,000 KRW12.00 USD
20,000 KRW16.00 USD
30,000 KRW24.00 USD
40,000 KRW32.00 USD
50,000 KRW40.00 USD
100,000 KRW80.00 USD

*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 USA?

It can be very confusing when sending money from South Korea to USA given so many choices. Additionally, South Korean Won to USD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose South Korea to USA as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to USA from South Korea. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for South Korean Won to United States Dollar remittances.


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

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 United States Dollar 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 USA. 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 USD remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


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

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from South Korea to USA via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for South Korean Won to United States Dollar remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best South Korea to USA exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for KRW to USD remittances.


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

Bank transfers have been a traditionally popular way to send money overseas from South Korea to USA. 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 USD 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 USA 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 transfer money from South Korea to USA?

It could be a stressful experience if you need to rush money quickly from South Korea to USA. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert KRW to USD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in United States Dollar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your South Korea to USA money transfers.


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

Comparing money transfer companies for sending money to USA from South Korea 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 USA. 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 South Korean Won to United States Dollar 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 United States Dollar yield on every South Korean Won that you send.


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

With so many possible ways to transfer South Korean Won to United States Dollar, 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 USA 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 USA. 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 United States Dollar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.