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Fast, low-cost, and secure online money transfers from the USA to South Korea.
Millions of happy customers
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Should arrive in 3 minutes
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Save when you send money to South Korea
| Sending 1,000 USD with | Recipient gets(Total after fees)and transfer speed | Transfer speed | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Cheapest | 1,365,945 KRW3-7 days | 3-7 days | |||||||||
Transfer fee 0 USD Exchange rate(1 USD KRW) 1,365.95 Exchange rate markup 8.33 USD Cost of transfer 8.33 USD | |||||||||||
 | 1,362,227 KRW- 3,718 KRW2 minutes | 2 minutes | |||||||||
Transfer fee 11.03 USD Exchange rate(1 USD KRW) 1,377.42 Exchange rate markup 0 USD Cost of transfer 11.03 USD | |||||||||||
 | 1,357,802 KRW- 8,144 KRWunavailable | unavailable | |||||||||
Transfer fee 0 USD Exchange rate(1 USD KRW) 1,357.80 Exchange rate markup 14.24 USD Cost of transfer 14.24 USD | |||||||||||
 | 1,316,730 KRW- 49,215 KRW4-10 days | 4-10 days | |||||||||
Transfer fee 0 USD Exchange rate(1 USD KRW) 1,316.73 Exchange rate markup 44.06 USD Cost of transfer 44.06 USD | |||||||||||
The information above applies when you pay in via bank transfer or ACH payments. Information provided is not in real time and may be different from the actual rates and fees on the provider’s website. Transaction speed claimed depends on individual circ*mstances and may not be available for all transactions.
How do we collect this data?
How to send money to South Korea in 3 easy steps
Enter amount to send in USD.
Pay in USD with your debit card or credit card, or send the money from your online banking.
Choose recipient in South Korea.
Select who you want to send money to and which pay-out method to use.
Send USD, receive KRW.
The recipient gets money in KRW directly from Wise’s local bank account.
How much does it cost to transfer money to South Korea?
Pay a small, flat fee and percentage
To send money in USD to South Korea, you pay a small, flat fee of 7.71 USD + 0.67% of the amount that's converted (you'll always see the total cost upfront).
Fee depends on your chosen transfer type
Some transfer types have different fees which are usually tiny.
No hidden fees
No big fees, hidden or otherwise. So it's cheaper than what you're used to.
Fees for our low cost transfers
Fixed fee
7.71 USD
Variable feeup to 127,165 USD/month
0.67%
Variable feemore than 127,165 USD/month
How long will a money transfer to South Korea take?
A money transfer from the USA (USD) to South Korea (KRW) should arrive in 3 minutes. Sometimes transfer times can differ based on payment methods or verification changes. We’ll always keep you updated, and you can track each step in your account.
On many popular routes, Wise can send your money within one day, as a same day transfer, or even an instant money transfer.
Your transfer route
USD
KRW
Should arrive
in 3 minutes
What you’ll need for your online money transfer to South Korea
1
Register for free.
Sign up online or in our app for free. All you need is an email address, or a Google or Facebook account.
2
Choose an amount to send.
Tell us how much you want to send. We’ll show you our fees upfront, and tell you when your money should arrive.
3
Add recipient’s bank details.
Fill in the details of your recipient’s bank account.
4
Verify your identity.
For some currencies, or for large transfers, we need a photo of your ID. This helps us keep your money safe.
5
Pay for your transfer.
Send your money with a bank debit (ACH), wire transfer, or a debit or credit card.
6
That’s it.
We’ll handle the rest. You can track your transfer in your account, and we'll tell your recipient it's coming.
Best ways to send money to South Korea
Direct Debit
Direct Debit is a convenient option that lets us take money from your account once you have authorised the payment on our site. It takes a little more time for your money to reach Wise, and it can be more expensive than a bank transfer.
Bank Transfer
Bank transfers are usually the cheapest option when it comes to funding your international money transfer with Wise. Bank transfers can be slower than debit or credit cards, but they usually give you the best value for your money. Read more how to use bank transfers as a payment option.
Debit Card
Paying for your transfer with a debit card is easy and fast. It’s also usually cheaper than credit card, as credit cards are more expensive to process. Read more about how to pay for your money transfer with a debit card.
Credit Card
Paying for your transfer with a credit card is easy and fast. Wise accepts Visa, Mastercard and some Maestro cards. Read more about how to pay for your money transfer with a credit card.
Trust Wise with safe & secure money transfers to South Korea
Safeguarded with leading banks
We hold your money with established financial institutions, so it’s separate from our own accounts and in our normal course of business not accessible to our partners. Read more here.
Extra-secure transactions
We use 2-factor authentication to protect your account and transactions. That means you — and only you — can get to your money.
Data protection
We’re committed to keeping your personal data safe, and we’re transparent in how we collect, process, and store it.
Dedicated anti-fraud team
We work round the clock to keep your account and money protected from even the most sophisticated fraud.
Online scams are on the rise. Learn how to stay safe.
Send money to South Korea from the USA with the Wise app
Looking for an app to send money to South Korea? Sending money is easy with Wise app.
- Cheaper transfers abroad - free from hidden fees and exchange rate markups.
- Check exchange rates - see on the app how exchange rates have changed over time.
- Repeat your previous transfers - save the details, and make your monthly payments easier.
Learn more about the Wise app
See what the world’s largest publications have to say
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Smart tech and sharp thinking are disrupting high-street banks
Financial Times
Wise is looking to use the internet to spark a digital revolution in current financial services
The Economist
Wise takes a machete to the hefty fees that banks levy to send money across borders
Wise works nearly everywhere
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See why customers choose Wise for their international money transfers
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