4.2 / 5 from 201,129 reviews
Fast, low-cost, and secure online money transfers from the USA to South Korea.
Millions of happy customers
See what they have to say
Is Wise safe?
Compare our pricing and speed
Find out the real cost of sending money abroad, and how fast you can send it.
The real cost of sending 1,000 USD to KRW and transfer speed | Transfer speed | ||
Cheapest 12.03 USD | 12.03 USD 12.03 USD in hidden fees Should arrive in 3-5 business days | Should arrive in 3-5 business days | |
 12.71 USD | 12.71 USD No hidden fees Should arrive in 4 days | Should arrive in 4 days | |
 33.91 USD | 33.91 USD 33.91 USD in hidden fees Should arrive in 1-4 business days | Should arrive in 1-4 business days | |
 51.76 USD | 51.76 USD 51.76 USD in hidden fees Speed unavailable | Speed unavailable | |
No hidden fees
This applies when you pay via bank transfer or ACH payments
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 to send money to South Korea from the USA
How to send money to South Korea from the USA
- Just tap in how much, and where to.
- Then make a local payment to Wise, whether it's with a wire transfer, ACH or your debit or credit card.
- And that's it.
Wise converts your money at the 'inter-bank' rate – the real rate – so you save big time (even versus the guys saying there's 'zero' commission). On Wise, there's no room for sneaky bank surcharges or creeping hidden charges.
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 5.01 USD + 0.78% 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.
Fixed fee
5.01 USD
Variable feeup to 126,970 USD/month
0.78%
Variable feemore than 126,970 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.
Audited regularly
We make sure your money’s secure, and that Wise is financially stable. As we’re not a bank, your money isn’t FSCS protected — instead we safeguard it.
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 most international 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.
See what the world’s largest publications have to say
Wired
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
Send money
Trustpilot score 4.2 out of 5, from 201,129 reviews
It’s your money. You can trust us to get it where it needs to be, but don’t take our word for it.
Read our reviews at Trustpilot.com.
Reviews from:
Let's answer some of your questions
As a seasoned financial expert deeply immersed in the realm of online money transfers, I can attest to the fact that the landscape of international fund transfers has undergone a transformative shift in recent years. Now, let's delve into the specifics of the information provided in the article, dissecting each concept to shed light on the intricacies of Wise's services.
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Fast, Low-Cost, and Secure Transfers:
- The article emphasizes Wise's commitment to providing fast, low-cost, and secure online money transfers from the USA to South Korea. This is a crucial trifecta in the world of international transactions, addressing concerns related to speed, affordability, and security.
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User Reviews and Trustpilot Score:
- The Trustpilot score of 4.2 out of 5, derived from a substantial 201,129 reviews, serves as a compelling testament to Wise's credibility and user satisfaction. Positive reviews from a large user base are indicative of a trustworthy and reliable service.
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Transparent Fee Structure:
- The article breaks down the cost associated with sending money, demonstrating transparency in Wise's fee structure. It clearly outlines a small, flat fee of 5.01 USD plus a variable fee of 0.78% of the converted amount. The absence of hidden fees aligns with Wise's commitment to providing a cost-effective solution.
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Transfer Speed Options:
- Wise provides users with options regarding transfer speed, offering insights into the real cost and corresponding delivery times. The availability of same-day transfers or even instant money transfers on popular routes adds a layer of flexibility for users with varying urgency levels.
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Payment Methods:
- The article elucidates the simplicity of the money transfer process, detailing various payment methods such as bank transfer, ACH, debit cards, and credit cards. This flexibility accommodates diverse user preferences and ensures ease of use.
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Currency Conversion at the 'Inter-Bank' Rate:
- Wise highlights its commitment to converting money at the 'inter-bank' rate, often referred to as the real rate. This practice can result in significant cost savings for users compared to traditional banking services that may incorporate additional charges.
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Security Measures:
- Wise prioritizes the security of user funds through measures such as safeguarding funds with established financial institutions, regular audits, 2-factor authentication, and a dedicated anti-fraud team. These practices instill confidence in users regarding the safety of their financial transactions.
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Mobile App Features:
- The Wise app is touted as a convenient tool for sending money to South Korea. Features such as checking exchange rates, saving transfer details for recurring payments, and facilitating cheaper transfers contribute to a user-friendly experience.
In conclusion, the information provided in the article paints a comprehensive picture of Wise's offerings, from the transparency of fees to the speed and security of transactions. Wise appears to be a reputable player in the online money transfer industry, supported by a substantial user base and positive reviews.
