From South Korea you can also send money to
Sending money from SOUTH KOREA to CHINA
KRW
|
USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (KRW)Total cost (USD)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
8,000.006.67
0.97
Percentage difference between market reference rate 0.00 and exchange rate charged 0.000.974.304.30
10,320.008.60
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
12,000.0010.00
0.61
Percentage difference between market reference rate 0.00 and exchange rate charged 0.000.615.615.61
13,464.0011.22
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
8,000.006.67
1.06
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.064.394.39
10,536.008.78
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
8,000.006.67
1.04
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.044.374.37
10,488.008.74
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
13,000.0010.83
1.02
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.026.446.44
15,456.0012.88
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5,000.004.17
0.99
Percentage difference between market reference rate 0.00 and exchange rate charged 0.000.993.073.07
7,368.006.14
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
13,000.0010.83
0.96
Percentage difference between market reference rate 0.00 and exchange rate charged 0.000.966.386.38
15,312.0012.76
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
13,000.0010.83
1.05
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.056.476.47
15,528.0012.94
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5,000.004.17
1.10
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.103.183.18
7,632.006.36
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5,000.004.17
1.04
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.043.123.12
7,488.006.24
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
16,000.0013.33
0.76
Percentage difference between market reference rate 0.00 and exchange rate charged 0.000.767.437.43
17,832.0014.86
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5,000.004.17
1.00
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.003.083.08
7,392.006.16
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
12,054.0610.05
0.78
Percentage difference between market reference rate 0.00 and exchange rate charged 0.000.785.805.80
13,920.0011.60
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Bank branch
High
6,746.005.62
0.99
Percentage difference between market reference rate 0.00 and exchange rate charged 0.000.993.803.80
9,120.007.60
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
18,000.0015.00
1.09
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.098.598.59
20,616.0017.18
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
8,000.006.67
1.00
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.004.334.33
10,392.008.66
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
15,000.0012.50
1.00
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.007.257.25
17,400.0014.50
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
10,000.008.33
0.99
Percentage difference between market reference rate 0.00 and exchange rate charged 0.000.995.165.16
12,384.0010.32
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
15,000.0012.50
1.04
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.047.297.29
17,496.0014.58
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
16,000.0013.33
0.76
Percentage difference between market reference rate 0.00 and exchange rate charged 0.000.767.437.43
17,832.0014.86
Payment instrument
Access point
Post Office branch
Sending network coverage
High
Receiving method
High
10,000.008.33
1.04
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.045.215.21
12,504.0010.42
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
20,212.5016.84
0.86
Percentage difference between market reference rate 0.00 and exchange rate charged 0.000.869.289.28
22,272.0018.56
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
12,054.0610.05
0.78
Percentage difference between market reference rate 0.00 and exchange rate charged 0.000.785.805.80
13,920.0011.60
Total Average First Quarter
5.565.56
Total Average Fourth Quarter 2023
5.505.50
Total Average
Fee
11,046.379.21Exchange Rate Margin (%)
0.950.95Total Cost Percent (%)
5.565.56
Total Cost (KRW)
Total Cost (USD)
13,333.5711.11
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day 2 days 3-5 days
Bank account Cash Own/partner bank account
Payment instrument
Access point
Sending network coverage
Receiving method
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
12,000.0010.08
0.61
Percentage difference between market reference rate 0.00 and exchange rate charged 0.000.612.632.63
15,648.5013.15
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
16,000.0013.45
0.76
Percentage difference between market reference rate 0.00 and exchange rate charged 0.000.763.453.45
20,527.5017.25
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
16,000.0013.45
0.76
Percentage difference between market reference rate 0.00 and exchange rate charged 0.000.763.453.45
20,527.5017.25
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
12,054.0610.13
0.78
Percentage difference between market reference rate 0.00 and exchange rate charged 0.000.782.812.81
16,719.5014.05
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
High
12,054.0610.13
0.78
Percentage difference between market reference rate 0.00 and exchange rate charged 0.000.782.812.81
16,719.5014.05
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
35,035.0029.44
0.86
Percentage difference between market reference rate 0.00 and exchange rate charged 0.000.866.756.75
40,162.5033.75
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
13,000.0010.92
0.96
Percentage difference between market reference rate 0.00 and exchange rate charged 0.000.963.143.14
18,683.0015.70
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
8,000.006.72
0.97
Percentage difference between market reference rate 0.00 and exchange rate charged 0.000.972.312.31
13,744.5011.55
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
10,000.008.40
0.99
Percentage difference between market reference rate 0.00 and exchange rate charged 0.000.992.672.67
15,886.5013.35
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
Bank branch
High
6,746.005.67
0.99
Percentage difference between market reference rate 0.00 and exchange rate charged 0.000.992.122.12
12,614.0010.60
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5,000.004.20
0.99
Percentage difference between market reference rate 0.00 and exchange rate charged 0.000.991.831.83
10,888.509.15
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
15,000.0012.61
1.00
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.003.523.52
20,944.0017.60
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
8,000.006.72
1.00
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.002.342.34
13,923.0011.70
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5,000.004.20
1.00
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.001.841.84
10,948.009.20
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
13,000.0010.92
1.02
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.023.203.20
19,040.0016.00
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
15,000.0012.61
1.04
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.043.563.56
21,182.0017.80
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
8,000.006.72
1.04
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.042.382.38
14,161.0011.90
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5,000.004.20
1.04
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.041.881.88
11,186.009.40
Payment instrument
Access point
Post Office branch
Sending network coverage
High
Receiving method
High
10,000.008.40
1.04
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.042.722.72
16,184.0013.60
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
13,000.0010.92
1.05
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.053.233.23
19,218.5016.15
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
8,000.006.72
1.06
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.062.402.40
14,280.0012.00
Payment instrument
Access point
Bank branch
Sending network coverage
Low
Receiving method
High
18,000.0015.13
1.09
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.094.124.12
24,514.0020.60
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
5,000.004.20
1.10
Percentage difference between market reference rate 0.00 and exchange rate charged 0.001.101.941.94
11,543.009.70
Total Average First Quarter
2.922.92
Total Average Fourth Quarter 2023
2.962.96
Total Average
Fee
11,690.839.82Exchange Rate Margin (%)
0.950.95Total Cost Percent (%)
2.922.92
Total Cost (KRW)
Total Cost (USD)
17,358.4814.59
Non-Transparent records
Bank account transfer Cash
Less than one hour Same day 2 days 3-5 days
Bank account Cash Own/partner bank account
Least Costly Corridors To China
Least Costly Corridors From South Korea