Home / Best money transfer to South Korea • Cost, duration, comparison

Best money transfer to South Korea • Cost, duration, comparison

The Best Money Transfer Service to South KoreaMoney transfer service at this age is a concept which is not new and is known even to school and scholars. Generally, a transfer involves giving money to a bank or an independent transfer provider that then sends the money to the recipient.

Depending on which company use, the transfer can be done in person, over the phone, through a mobile app or online. Anyone can use cash, a credit card or directly transfer funds from his bank account. For online payment savings cost and time, increased sales and reduced transaction cost.

Easiest & fastest ways to send money online to your family worldwide with us avoid banks high exchange rates and send money through online within minutes.

A credit card is one of them constituting a popular method of online payment but can be expensive for the merchant to accept because of transaction fees primarily.

Comparison: Best Transfer Money to South Korea

Winner

Wise-Transfer-289x170-1

Wise

First Transfer Free!

  • Wise is a very good provider for overseas transfers. The transfers are easy, convenient and secure. The most important thing is that the transfers are also much cheaper than with the bank.

TransferGo Reviews

transferGo

Send money very fast!

  • Save up to 90% compared to banks. No hidden costs. Large selection of countries.

Best-money-transfer-Currencyfair

currencyfair

Five Transfers Free!

  • A world-class customer service, very good exchange rates and permanently favorable transfers abroad and to Germany convince. Only downside is the small selection of countries.
[compare_form lang=”en”]

  • Internet banking
  • PayPal
  • Google Wallet
  • Mobile money wallets
  • Ria Money Transfer
  • Wise
  • Western Union
  • Wire transfer
  • World Remit
  • eRemit
  • MoneyGram
Internet banking is a system that does not involve any sort of physical card.
PayPal is a global e-commerce business allowing payments and money transfers to be made through the Internet.
Google Wallet was launched in 2011, serving a similar function as PayPal to facilitate payments and transfer money online. It also features security that has not been cracked to date and the ability to send payments as attachments via email.
Mobile money wallets which allow adding funds easily through their existing mobile subscription number, by visiting physical recharge points close to their homes and offices and converting their cash into mobile wallet currency.
Ria Money Transfer has grown to become the third largest online money transfer service in the world.
Wise is supporting more than 750 currency routes across the world and provides multi-currency accounts. Payoneer is a financial services company that provides online money transfer and digital payment services.
Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments, and commercial services.
Wire transfer, bank transfer or credit transfer is a method of electronic funds transfer from one person or entity to another.
World Remit is an online money transfer service that provides international remittance services to migrant communities around the world.
online money transfer portal for individuals. UKForex has been in the money transfer business for 17 years.
MoneyGram is the second largest provider of money transfers in the world.

 

How can I send money to South Korea?

The first place many people go when they need to send an international money transfer is to their bank. While banks can certainly send money overseas for you but their fees are often higher compared to companies that in international money transfer.

When you compare the transfer fees and exchange rates of several options you can find the most KRW for your US dollar.

Online transactions that allow recipients to collect your funds within minutes, sending an international money transfer to South Korea is easy. There is a lot of online money transfer house in the world by using Xendpay money transfer house you can easily send money to South Korea.

Xendpay is a leading money transfer service provider. Xendpay handles the whole process online, so there are no queues, no paperwork, and no fuss.

Xendpay has the expertise and experience to help you send money home with the minimum of fuss. Xendpay is part of a leading provider of international money transfer services which has transferred over $ 4 billion. All transaction is authorized by the FCA.

Bank

Bank (is expensive): Transfer of sending money to South Korea through the bank is highly expensive then Currency Transfer online money transfer.

Money transfer provider

Money transfer provider: Bank account.

How much does it cost to transfer money to South Korea

Low-cost global money transfers.

Duration of a money transfer to South Korea

Deposited bank account within 2-3 working days.

Conclusion on the money transfer to South Korea Comparison

An easier and cheaper alternative is to use Xendpay. You can both time and money when sending your money to South Korea with us. It is trusted by thousands of customers.

Comparison between Wise & Xendpay

Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. But transfer fees are high then Xendpay. In Xendpay there is a low commission, low transfer fees, excellent rates and a completed secure online service which can be accessed 24/7.