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Find the best providers to send money to South Korea

How to send money to South Korea

Find out how to make a money transfer to South Korea at the lowest cost in 4 easy steps

1. Check if the South Korean won mid-market rate is at your advantage

Although the evolution of the exchange rate is impossible to predict, it can help you save money to follow it so that you can optimize how many you get after the conversion. Track the exchange rate and transfer your money when the exchange rate reaches your target level.

2. Go with the best deal by comparing the available providers.

We compare quite a few providers to send money to South Korea, such as WorldRemit, TransferWise, Covercy, Western Union, Xendpay. Sending money with the best service from the more than 8 available options is the best way to save on costs.

3. Choose the best provider that suits your needs

Do you want to send money to South Korea with the most competitive provider, with the fastest option or with the solution with the best customer reviews?

In addition, it is important to pay attention to the pay-in and pay-out methods. You often have the option to pay for your transfer by wiring the money from your bank account or by debit or credit cards. To receive the money in South Korea, choose if you need the amount in KRW to be transferred to your recipient's account or available for pick-up in cash at an agent location.

4. Sign up and start your transaction with the money transfer provider you selected

Visit the provider's homepage to go through the sign-up process (you normally have to provide information to confirm your identity), and configure your transfer.

Best rated providers to send money to South Korea

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