Compare money transfers from the Philippines to South Korea

How to Send Money from the Philippines to South Korea

With the popularity of Korean goods and services soaring all over the world, it should come as no surprise that business towards the country is at its prime too. Transactions from many countries going into South Korea is seeing steady growth, especially from countries like the Philippines where consumption of Korean products are prevalent. From beauty products, k-pop merchandise, to food items, ordering for these online are becoming normal. This is why more companies and sites are offering the best way to transfer money from the Philippines to South Korea.

These days, the easiest way to wire money from the Philippines to South Korea is through e transfer. All you need to do is find a reputable site or money transfer service, register, and track where your money is!

Check out the steps below on how you can

How to send money

• Check out the Foreign Exchange. While sending money from the Philippines, it is always the best practice to check the exchange rates so you will not be surprised with how much the value increases or decreases after sending.
• Prepare documents. You may be asked to register or send in details for verification. Be prepared with IDs on hand as well as the complete details of the person you’ll be sending money to in Korea.
• Prepare your bank account or credit card. While you will not be sending actual physical money, the amount you wish to send will most likely come from you bank account or credit card. Best to keep them updated and secure with security authentications, too.
• Most E-transfer sites will be able to provide you with a tracking number to see if your money is properly received.

Which service to use

• Transferwise
• Paypal
• Western Union

How much does cost it cost to send money

Some money transfer sites will not require a fee for the transfer. These services and sites usually offer the cheapest way to send money from the Philippines to South Korea. For bigger amounts, you may encounter 3-4% of fees depending on the amount you wish to transfer.

Why Use this Site

We understand the need to always protect your money, whether you’re sending it or receiving it. This site will help you through the many choices of money transfer services so you can easily choose which one fits your needs best!

• We carefully review all the companies and sites on this platform. You can count on it to present verifiable information every time. These includes exchange rates, fees, delivery times, and other relevant information.
• User Friendly. All the information we collect is presented in an easy-to-understand manner. This way, you’ll only find the most relevant information you need.
• Companies and sites we include in our lists are all reviewed based from user feedback and user experience.
• Good Deals Only. We only include top-performing and trusted sites on our lists. You may even receive special deals from our partners occasionally!