Simple money transfers. United States to South Korea
We always suggest comparing the best US money transfer companies serving the USA to South Korea transfer route.
Doing this will give the most Wons for your USD.
For a quick answer (based on a $2,000 transfer to South Korea from the USA) , the fastest, lowest cost and best rated ways to send money from the United States to South Korea are:
The specific details of a transaction leaving the States will determine the best way to convert, and send dollars into South Korea. IRS declarations are also needed for any expats transferring to themselves in South Korea.
Data based on a $2,000 transfer from the United States to South Korea.
A wave of providers offering transfers between United States and South Korea
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US dollar to KRW currency exchange rates
The mid-market rate will tell you how much KRW you can get per US Dollars.
| USD | KRW Price |
|---|---|
| 1 USD | 1397.04 |
| 5 USD | 6985.20 |
| 10 USD | 13970.40 |
| 100 USD | 139703.98 |
| 1000 USD | 1397039.84 |
| KRW | USD Price |
|---|---|
| 1 KRW | 0.00 |
| 5 KRW | 0.00 |
| 10 KRW | 0.01 |
| 100 KRW | 0.07 |
| 1000 KRW | 0.72 |
Data on transfers between United States and South Korea
Giving you the best price, and service, for sending into US Dollar from anywhere in the USA
To ensure we give you the best transfer price from the USA to South Korea we will provide customers with details on:
Best deals for sending from the US
We work with dozens of providers offering different prices on buying KRW in the USA. We pair this with the fastest speeds between the United States and South Korea.
Together, this gives the best US Dollar to KRW deal.
Only regulated providers
Every provider we work with for US customers is regulated by FinCEN or FDIC, and equivalents in South Korea where needed.
This aids peace of mind and safety when planning to send money out of the United States.
Comprehensive coverage
Get the widest range of providers supporting US customers. Including managed services for large KRW transfers leaving the United States, which may need to be declared to the IRS and tax authorities in South Korea.
This includes being able to filter to get the cheapest or fastest ways to send money from the US to South Korea.
Cheaper than US or South Korea banks
Banks in the USA charge too much for sending money internationally. This is because they use intermediary services along the way, and offer worse rates on buying buying Wons in United States, often with higher fees.
Avoid using banks like Chase Bank or Bank of America for transfers to South Korea and get more KRW for your dollars.
Our results will tell how much cheaper than a bank every provider is for USD to KRW transfers
Wide choice of payment and withdrawal methods
All companies offering between the United States and South Korea will offer a selection of payment and withdrawal methods.
This means you can fund a transfer to South Korea using a bank transfer, but have the recipient collect the KRW in cash.
For reference, our data shows the cheapest (and generally fastest) way to send money from the United States to South Korea is by using a Bank transfer.
Convert and send USD to a local KRW account in South Korea
Select a provider that supports US customers for USD to Wons transfers
Fund your payment into KRW using a US checking account, or debit card, with your chosen provider
Hit send! Your US Dollars will typically convert to Wons and arrive in South Korea in 0-2 working days.