RemitFinder helps you compare international money transfer services when remitting money from South Korea. Whether you are sending money to support family, pay bills abroad, or manage international expenses, comparing providers can help you save on exchange rates and fees.
On this page, you can explore where you can send money out of South Korea, see which providers support each destination, and compare rates, transfer speed, payout options, and limits.
Not sure where to start? Browse all sending countries on our send money from hub.
Where Can You Send Money From South Korea To?
Below are the destinations you can send South Korea remittances from, grouped by region for easier browsing.
The below regions of the world are sorted alphabetically, and the countries within these regions are also sorted alphabetically for easier lookup.
Once you have located your destination country, click on it to compare numerous money transfer options for your chosen country combination.
Browse by region:
Africa | Asia | Caribbean | Europe | North America | Oceania | Polar Territories | South AmericaCountries in Africa you can send money to from South Korea
Here are various countries in Africa that you can send South Korea based money transfers to. Simply click on your destination country below to see the best exchange rates for sending South Korean Won remittances out of South Korea to your chosen destination in Africa.
Countries in Asia you can send money to from South Korea
Here are various countries in Asia that you can send South Korea based money transfers to. Simply click on your destination country below to see the best exchange rates for sending South Korean Won remittances out of South Korea to your chosen destination in Asia.
Countries in Caribbean you can send money to from South Korea
Here are various countries in Caribbean that you can send South Korea based money transfers to. Simply click on your destination country below to see the best exchange rates for sending South Korean Won remittances out of South Korea to your chosen destination in Caribbean.
Countries in Europe you can send money to from South Korea
Here are various countries in Europe that you can send South Korea based money transfers to. Simply click on your destination country below to see the best exchange rates for sending South Korean Won remittances out of South Korea to your chosen destination in Europe.
Countries in North America you can send money to from South Korea
Here are various countries in North America that you can send South Korea based money transfers to. Simply click on your destination country below to see the best exchange rates for sending South Korean Won remittances out of South Korea to your chosen destination in North America.
Countries in Oceania you can send money to from South Korea
Here are various countries in Oceania that you can send South Korea based money transfers to. Simply click on your destination country below to see the best exchange rates for sending South Korean Won remittances out of South Korea to your chosen destination in Oceania.
Countries in Polar Territories you can send money to from South Korea
Here are various countries in Polar Territories that you can send South Korea based money transfers to. Simply click on your destination country below to see the best exchange rates for sending South Korean Won remittances out of South Korea to your chosen destination in Polar Territories.
Countries in South America you can send money to from South Korea
Here are various countries in South America that you can send South Korea based money transfers to. Simply click on your destination country below to see the best exchange rates for sending South Korean Won remittances out of South Korea to your chosen destination in South America.
How can I send money from South Korea?
Sending money internationally from South Korea is easy. Simply search for your destination country to send South Korean Won money transfers from South Korea. RemitFinder compares many money transfer operators for South Korea remittances to your chosen destination in an easy to understand format.
Can someone from South Korea send money?
Unless there are any sanctions or political restrictions in place in South Korea, it should be permissible to send South Korean Won transfers out of the country. In case it is not allowed to send money from South Korea, transfer companies will not accept remittance requests.
What is the best way to send money from South Korea?
To find the best options to send KRW from South Korea, simply compare available providers and pick the one that suits your needs best.
Cannot find your country? All supported destination countries are listed above, grouped by region.
Want to compare instantly? Use the transfer search below.
Simply choose your destination country for money transfers originating out of South Korea, and change the transfer amount if needed to easily compare numerous money transfer providers for your next international money transfer.
Compare various money transfer operators to send money from South Korea to your chosen destination easily. Simply choose your destination country above and search and compare options.
Popular Money Transfer Corridors From South Korea
These are some of the most commonly used international money transfer routes from South Korea.
Popular corridors
What Is The Currency In South Korea?
The official currency of South Korea is important to know when sending or receiving money internationally. Understanding the local currency helps you compare exchange rates, fees, and the final amount your recipient will receive.
Which currency is used in South Korea?
The official currency of South Korea is the South Korean Won (ISO code: KRW), and it is commonly represented by "₩".
How is South Korean Won written, and how many decimals does it use?
KRW amounts are typically shown with 2 decimal places.
- KRW 1250.50
- ₩ 1250.50
- KRW 0.25 = 25 jeon
What is the subunit of 1 South Korean Won?
The subunit of South Korean Won is jeon, and 1 KRW is divided into 100 jeon.
Which other countries use the South Korean Won?
South Korea is the main country that uses the South Korean Won.
When sending money from South Korea, what currency do providers use?
International transfers from South Korea are typically funded in South Korean Won and converted into the recipient's local currency before payout. Most providers covering South Korea quote exchange rates directly in KRW, making the rate you receive a key factor in how much money arrives.
Why do KRW exchange rates vary between providers?
Exchange rates often differ due to FX spreads rather than visible fees, which means two transfers of the same KRW amount from South Korea can result in different payout values.
What is the best way to compare the true cost of a KRW transfer from South Korea?
The true cost of South Korean Won transfers sent from South Korea is best understood by comparing the exchange rate alongside any applicable fees. This helps avoid overpaying and ensures your recipient receives maximum value.
Does comparing South Korean Won exchange rates really make a difference?
Yes. If you send money from South Korea regularly, comparing South Korean Won exchange rates can make a meaningful difference over time.
Why Compare Money Transfer Services From South Korea?
The cost and experience of sending money internationally can vary widely depending on where you are sending from. Money transfer services often price the same corridor differently based on local market conditions, which means South Korean Won exchange rates, fees, and transfer options from South Korea may not match what is offered in other countries.
Fees also depend heavily on how you fund your KRW transfer from South Korea. Bank transfers, debit cards, and credit cards can carry different costs, limits, and processing times in South Korea, even when using the same provider.
Coverage is another important factor when sending money from South Korea. Not all money transfer services support the same destination countries, payout methods, or currencies when transfers are initiated in KRW from South Korea.
Transfer limits and verification requirements in South Korea can further affect how much KRW you can send and how quickly your South Korean Won transfer is processed. These limits often vary by provider and funding method and may change once verification is completed.
Comparing money transfer services side by side helps you identify which providers actually work from South Korea and which offer the best balance of South Korean Won exchange rates, fees, transfer speed, and reliability for your needs.
How Sending Money From South Korea Works
Sending money from South Korea typically involves choosing a transfer provider, selecting a funding method, and sending funds in KRW to a recipient abroad. Costs, processing time, and availability can vary based on local banking practices in South Korea and the destination country.
What funding methods can I use to send KRW from South Korea?
Most international transfers from South Korea in KRW are funded using bank transfers, debit cards, or credit cards. Bank-funded transfers are often the most cost-effective option in South Korea, while card-funded South Korean Won transfers can be faster but may come with higher fees or less favorable exchange rates.
What verification is required to send money from South Korea?
When sending money from South Korea, you are usually required to provide basic identity details. Additional verification may apply for higher-value KRW transfers or first-time transfers. These checks help keep South Korean Won transfers secure and compliant with regulations in South Korea.
Are there limits on how much KRW I can send from South Korea?
Transfer limits depend on the funding method you use and how frequently you send money from South Korea. Some methods allow higher KRW limits once verification is complete, while others are restricted to lower amounts regardless of transfer history.
How long do KRW transfers from South Korea take?
Some South Korean Won transfers from South Korea are processed on the same day, while others may take longer. Processing time can be affected by banking hours, weekends, and public holidays in South Korea.
Why can processing times vary when sending money from South Korea?
Local banking practices in South Korea, such as cut-off times, business days, and identification requirements, can influence when a South Korean Won transfer is processed and settled.
How can I avoid delays when sending money from South Korea?
Comparing providers, choosing the right funding method, and understanding local rules in South Korea can help ensure a smoother KRW transfer with fewer delays or surprises.
Payment Methods Available in South Korea
The way you fund your money transfer from South Korea can directly affect cost, speed, and convenience. Available payment methods are influenced by local banking adoption, card usage, and global remittance norms, which means options for sending KRW from South Korea may differ from what is available elsewhere.
Payment method availability in South Korea is determined by a combination of:
- Global remittance standards
- Local banking and card penetration prevalent in South Korea
- Declining or limited use of cash-based funding methods within South Korea
Below are the most common ways to fund international money transfers from South Korea.
KakaoPayRecommended
KakaoPay is a widely used Korean mobile payment service developed by Kakao Corp. KakaoPay enables secure digital transactions and can reduce checkout steps and speed up payment confirmation.
Bank Transfer
Bank transfers are a common way to fund an international money transfer in South Korea, especially for larger South Korean Won amounts. They are often priced more competitively than cards, but processing can depend on bank cut-off times, weekends, and local holidays in South Korea.
Debit / Credit Card
Card payments in South Korea can be convenient and are often the fastest way to fund a transfer sent in South Korean Won. They may come with higher fees or a less favorable KRW exchange rate than bank transfers, especially on larger amounts.
Cash
Cash-funded transfers in South Korea can be useful when banking access is limited. Availability varies by country and provider, and cash options may involve extra steps or partner locations in South Korea for payment and pickup.
Payment methods shown above for South Korea include badges that highlight common characteristics. These indicators are based on typical usage patterns when sending KRW from South Korea, but actual costs and speeds can vary by provider and destination.
Here are the badges and their definitions that we have used above to present payment methods in South Korea:
- 🟢 Cheapest: This funding method often has lower fees or more competitive South Korean Won exchange rates.
- ⚡ Fastest: This method typically processes transfers more quickly, especially for smaller amounts.
- ⭐ Most Common: This funding method is widely supported for transfers from South Korea.
- 🏦 Local Payment Method: This funding method is local to South Korea and may be cheaper and faster as compared to other methods.
Payment method FAQs for South Korea
Payment methods available in South Korea can affect how quickly money is delivered and how much the transfer costs. Understanding the common options helps you choose the most suitable way to send or receive funds.
What payment methods are available in South Korea?
In South Korea, common payment options include KakaoPay, Bank Transfer, Debit / Credit Card, and Cash. Availability, fees, and processing times can vary by provider and destination.
What is the recommended payment method in South Korea?
KakaoPay is often a solid default because it balances cost, speed, and availability. Your best option may still depend on the amount and provider.
Which payment method is usually the cheapest in South Korea?
KakaoPay is often the most cost-effective option for South Korean Won (KRW), though final costs depend on fees and exchange rates.
Which payment method is usually the fastest in South Korea?
KakaoPay is often the fastest option, especially for smaller transfers, though processing times can vary by provider.
What is the most common payment method in South Korea?
KakaoPay is widely supported across providers and is a reliable option for many transfers.
Which payment method is best for convenience in South Korea?
KakaoPay and Debit / Credit Card are often best for convenience in South Korea. Often easier to use with fewer steps to complete payment and receipt of funds. Actual costs and speed still depend on the provider.
Which payment method is best for faster checkout in South Korea?
KakaoPay, Debit / Credit Card, and Cash are often best for faster checkout in South Korea. Can reduce checkout friction with quicker transaction confirmation. Actual costs and speed still depend on the provider.
Which payment method is best for speed in South Korea?
KakaoPay and Debit / Credit Card are often best for speed in South Korea. Often useful when you want to send and receive funds quickly. Actual costs and speed still depend on the provider.
Which payment method is best for smaller amounts in South Korea?
KakaoPay and Debit / Credit Card are often best for smaller amounts in South Korea. Often convenient for smaller transfers, though fees can still vary by provider. Actual costs and speed still depend on the provider.
Which payment method is best for larger amounts in South Korea?
Bank Transfer is often best for larger amounts in South Korea. Often a better fit when sending and receiving bigger amounts, where fees and exchange rate margins matter more. Actual costs and speed still depend on the provider.
Which payment method is best for lower fees in South Korea?
Bank Transfer is often best for lower fees in South Korea. Often a good choice if you want to minimize fees and improve overall value. Actual costs and speed still depend on the provider.
Which payment method is best for limited banking access in South Korea?
Cash is often best for limited banking access in South Korea. Can help if banking access is limited in the country, depending on local availability. Actual costs and speed still depend on the provider.
Which payment method is best for cash senders in South Korea?
Cash is often best for cash senders in South Korea. Can work well if you prefer cash, though availability and limits vary by provider. Actual costs and speed still depend on the provider.
Tips For Sending Money From South Korea
Sending money from South Korea can be simple and cost-effective if you know what to look for. Below are practical tips to help you get better value, avoid common mistakes, and make the most of your South Korean Won (KRW) transfers.
Compare exchange rates from various providers in South Korea
Many providers often advertise "low" or even "zero" fees, but make up the difference by offering weaker exchange rates.
When sending money from South Korea in KRW, always compare the final amount the recipient receives, not just the upfront fee. A slightly higher fee with a stronger exchange rate can often work out cheaper overall.
The exchange rate on an international money transfer sent from South Korea is one of the most important factors you should pay attention to.
Choose the right payment method for South Korean Won remittances
The way you fund your transfer from South Korea matters.
Bank transfers are often the most cost-effective for larger KRW amounts, whilst debit or credit cards can be faster, but may come with higher fees or less favorable exchange rates.
Look for local payment methods in South Korea (if available) as they can offer a good balance of speed and cost.
If you send South Korean Won overseas regularly, experimenting with different payment methods can lead to meaningful savings over time.
Be aware of transfer limits and regulations in South Korea
Providers operating in South Korea often apply different limits depending on how you send KRW and whether your account is fully verified. From South Korea, higher-value transfers may require additional identity checks. Completing KYC (know your customer) and other regulatory requirements early can unlock better limits and reduce delays later.
KRW transfer timing can affect speed and cost
Bank-funded transfers from South Korea usually follow local banking hours. Transfers initiated late in the day, on weekends, or during public holidays may take longer to process.
If speed matters, check cut-off times and consider faster payment options in South Korea when available.
Watch out for South Korean Won conversion traps
In rare cases, some card issuers in South Korea automatically convert KRW into another currency before the transfer is processed, often at poor rates.
To avoid this, send in KRW and let the money transfer provider handle the conversion, as this is usually cheaper and more transparent.
Find the best provider for the destination country
Not all providers offer the same pricing or payout options for every corridor from South Korea. A service that works well for one destination may be expensive or slow for another.
Always compare providers specifically for your chosen destination to get the best payout for your South Korean Won money transfers.
We also recommend having accounts with several money transfer companies in South Korea so you can capitalize on better rates and deals from them.
Small differences add up
If you send money from South Korea regularly, even small improvements in KRW exchange rates or fees can make a big difference over time. Comparing providers before each transfer helps ensure more of your South Korean Won reaches its destination.
At RemitFinder, we make it easy to compare trusted money transfer services side by side, so you can send money from South Korea knowing you are getting the best available option for your needs.
FAQs About Sending Money From South Korea
Here are some additional questions that sometimes come up from our readers in South Korea when it comes to sending money abroad.
Is it legal to send money from South Korea to another country?
Sending money internationally from South Korea is generally legal. Licensed money transfer providers operate under local and international regulations, which means transfers in South Korean Won (KRW) must meet standard identity and compliance checks.
That said, global political situations and financial restrictions may be in place for certain countries. Always check before you send KRW from South Korea.
How can someone from South Korea send me money?
If you wish to receive money from South Korea, have the sender search for a suitable provider that supports South Korean Won transfers. Once they choose a suitable money transfer operator in South Korea, they will need your bank or related information to send you the funds.
Do I need a bank account to send money from South Korea?
Not always. Many providers allow you to send money from South Korea using bank transfers, debit cards, or sometimes cash, depending on what is commonly supported locally.
Also, lookout for local payment options in South Korea that can be cheaper and faster.
Overall payment method availability in South Korea can vary by provider, transfer amount, and destination country.
Are there limits on how much I can send from South Korea?
Yes. Transfer limits from South Korea depend on the provider, the payment method you use, and whether your account is fully verified. Bank-funded transfers in KRW usually allow higher limits than card-based or cash-funded transfers.
How to send money internationally from South Korea?
To send KRW from South Korea, simply located your destination country above, or directly search for your chosen corridor. RemitFinder will show you a comparison table with various providers in South Korea for your chosen destination.
Once you locate the provider of your choice, use their service to send money from South Korea.
How can I reduce the cost of sending money from South Korea?
The most effective way to lower the cost of South Korean Won transfers is to compare providers before you send.
Exchange rates, fees, and payout methods can vary significantly when sending South Korean Won from South Korea, even for the same destination. Comparing options helps ensure more of your KRW reaches the recipient.
Which app is best to send money from South Korea?
Depending on your chosen destination to send KRW from South Korea, there may be several providers available. To easily compare them, use RemitFinder’s online comparison engine and pick the best provider for your South Korea remittances.