Find the best providers to send money to South Korea

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Find the best providers to send money to South Korea

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How to send money to South Korea

Find out how to make a money transfer to South Korea with the best exchange rate with these 4 steps

1. Check the KRW mid-market exchange rate against your own currency

Although the currency market is uncertain, it is a good idea to stay on top of it to optimize how many South Korean wons you will get for your money. We advise our users to set-up exchange rate email alerts to frequently check the evolution of the mid-market.

2. Make your choice among the more than 34 money transfer providers available to send money to South Korea in order to select the best deal.

There are a lot of money transfer companies to make money transfers to South Korea, such as Wise, Remitly, OFX, Wise Multi-Currency Account, SingX. Picking the most competitive money transfer provider from the list is the best way to save money.

3. Choose the best money transfer company for your specific needs

Do you need to send money to South Korea with the most competitive provider, as fast as possible or with the solution with the best customer reviews?

4. Sign up and get started with your transfer with the money transfer provider of your choice

Now is the time to register on the money transfer provider's online portal - be ready to give a copy of your ID and/or a proof of adress - and set upyour transaction.

Best money transfer providers to send money to South Korea

9.4

9.1

9.0

8.8

8.4

8.3

8.1

8.0

8.0

7.7

You can also send Airtime Top-Up to South Korea instead 📲

With Monito, you can take advantage of lightning-fast airtime and data top-ups with our trusted partner, WorldRemit

Recharge airtime or mobile data online by entering your loved one's number and letting WorldRemit take care of the rest!

Compare all available providers before your next transfer to South Korea

25M+ comparisons made

Powering around 7 million comparisons a year, Monito is a world leader in comparing international money transfer services
$75M+ in transfer fees saved

By choosing a transfer service found on Monito, the average user pays just 0.59% in fees and exchange rates. Compared to the 4.6% paid at a bank or traditional cash transfer service, Monito users have saved over $75 million in total to date!
200 services reviewed

For every service appearing on Monito, our experts build in-depth reviews using dozens of verifiable criteria to make clear, actionable recommendations to guide your decisions.
2,000+ guides published

Far too often, sending money abroad is both pricey and problematic. That's exactly why our team of experts works tirelessly to offer the most in-depth, up-to-date, and helpful consumer advice for your disposal.

Questions you may have about your transfers to South Korea

Can I trust a company I found on Monito but have never heard about before?

We review money transfer companies and give them a Monito Score, including a Credibility and Security component. You can find if a money transfer company is reputable and trustworthy in our comparison results or on a company's review page. A general rule is that we only list money transfer operators or banks that are fully authorized and monitored by the regulatory authorities of their operating countries.
How can I use Monito to find the best ways to send money to South Korea?

Before you make a money transfer to South Korea, compare the costs of the different options on Monito. Rates and fees change often, so for the best deal, do a comparison before every transfer — they may have changed since you last sent money. Once you enter the details about how much you want to send and from which country, click on compare. You’ll see a list of all the options to send to South Korea. The best option is at the top, but you may want to consider other criteria such as the speed of transaction or the pay-in or payout methods.
I simply use my bank to send money to South Korea, do I really need to compare other options?

Of course! Banks are usually not the best way to make international money transfers. The fees can be quite low (sometimes even zero), but banks often apply inflated exchange rates. We list as many banks as possible in our results, so you can compare and find out if you’d be better off switching to another bank or a specialized money transfer company.
Is it possible to send money with Monito, or are you just a service to compare money transfer services?

Monito is not a money transfer company. We’re here to help you find the best way to send money abroad. Just tell us which country you’re sending money from and which country you want to send money to, and we’ll show you a list of all available services. Once you select the best one for your needs, you'll be redirected to the money transfer provider’s website to get started with your transfer.

Why Trust Monito?

You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe.

Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.

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Monito is Trusted by 15+ Millions Users across the globe.
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