The Best Services to Transfer Money from the US to South Korea
The last time you transferred money from the US to South Korea from your bank account you ended up paying a stiff fee. This time, however, you don’t want to make that mistake and are exploring more options.
How to send money from the USA to South Korea
- Enter the country of departure – United States.
- Enter the country of receipt – South Korea.
- Select the departure currency - you can send money online from the USA in USD and EUR.
- Enter the transfer amount in the selected currency - for example, 2000 USD.
- Select receipt currency - the recipient can receive money in South Korea in KRW, USD, EUR.
- Choose an appropriate option from the 7 proposed providers and follow the link to process a money transfer from the USA to South Korea.
Available options for receiving remittances from the USA to South Korea
We have found several available options for receiving remittances from the USA to South Korea. Receiving a transfer from the USA can be done to South Korea to a bank account, mobile wallet or in cash.
How do I transfer money from the USA to South Korea to a bank account?
How do I send money from the USA to South Korea to a mobile wallet?
Different ways to pay for money transfers to South Korea from the USA
We have found a few convenient ways to pay for money transfers to South Korea from the USA. You can use a Bank Debit (ACH), Payee, Bank account, Debit card, Credit card or Cash at Location to pay for transfers to South Korea.
How to transfer money to South Korea from the USA with a debit card?
How to send money to South Korea from the USA from a bank account?
How to remit money to South Korea from the USA by credit card?
How to send cash to South Korea from the USA?
How to wire money to South Korea from the USA using Bank Debit (ACH)?
What options of transferring money from the US to South Korea are available to you exactly?
Ever heard of online payment systems such as XE, InstaRem, Wise, etc.?
They are internet-based methods of processing electronic transactions, which basically means you can send money overseas right from your living room or while riding the subway.
Sounds awesome? Well, it is. But remember — just like there is no such thing as a free lunch, there’s no free way to transfer money via the internet.
These services charge you a fee, but the good part is they are significantly more cost-effective than banks.
Finding the cheapest way to transfer money from the US to South Korea
Like we said before, you are not going to find the best deal at a bank. A far better option is to pick an e-transfer service.
These services are more convenient to use and have lower fees to boot. On top of that, they also transfer money faster than banks.
Money transfer providers
Top 6 money transfer providers from the USA to South Korea
Provider | Rate | Fees and special offers |
---|---|---|
InstaReM | 1388.7286 KRW | $10 off first 2 transfers with code FROMTO |
Wise | 1398.4300 KRW | Fees = 17.71 USD |
Remitly | 1380.0600 KRW | Special rate and no fees on your first transfer |
MoneyGram | 1377.0196 KRW | First transfer is fee-free |
Xe | 1365.9980 KRW | Special rate for new customers |
OFX | 1349.2696 KRW | No fees |
What’s the smartest way to wire money from the US to South Korea?
Those hunting for the best way to transfer money from the US to South Korea would do well to check out these four names:
- Wise – An efficient, fair, and honest wire transfer service, Transferwise offers a number of ways to send money abroad, including via a credit card.
- InstaRem– Transferring funds with InstaRem is a cinch. Add competitive rates and a superfast processing time to that, and you have got yourself an absolute winner.
- Remitly – This service has several aces up its sleeve. One, it has no minimum limit whatsoever. Two, it comes out cheaper than some big names like PayPal, Western Union, and Xoom. Three, both its mobile app and website are super user-friendly.
- XE – XE may be right up your street when you are not under any kind of time pressure. Just like Remitly, XE has no minimum amount and as such is suitable for transactions of all sizes.
Reliable online remittance providers to South Korea from the USA
Send money from the USA to South Korea with Wise
Wise (formerly TransferWise) offers some great options for sending money from the USA to South Korea. | |
💱 Is it cheap? | The exchange rate at Wise is 1398.4300 KRW for 1 USD. The fees and transfer speed depend on the payment option you choose and can vary. |
💲 How to pay? | The best way to pay is via Bank Debit (ACH). There is also the option of paying using Bank account, Debit card or Credit card, but the fees will be higher. |
⌚ Is it fast? | The fastest way to send money is via Bank Debit (ACH), Bank account, Debit card or Credit card. The transfer will then be processed instantly. |
💰 How to receive? | There is only one option available from Wise for transfers to South Korea - money can be received into a bank account. |
Send money from the USA to South Korea with Xe
Xe has several good and reliable options to transfer money from the USA to South Korea. | |
💱 Is it cheap? | XE has set a special exchange rate for new customers - 1 KRW can be exchanged for 1365.9980 USD. |
💲 How to pay? | The best way to pay is via Bank account, Credit card, Debit card or Bank Debit (ACH), which does not charge any fees. You can also pay with a , but XE will charge you a fees. |
⌚ Is it fast? | If you pay via Bank account, Credit card or Debit card, the transfer will be delivered to South Korea within 24 hours. Alternatively, if you pay by Bank Debit (ACH), the recipient can see the money in 3 days |
💰 How to receive? | Using XE, the recipient will only be able to receive transfers from the USA to their own bank account. |
Zeroing in on the easiest way to transfer fund from the US to South Korea
If we could give you only one advice, comparing remittance rates from the U.S. to South Korea from different providers would be it. That’s the only way you can be sure of that you have got the best possible deal.
You may be thinking: “Compare rates? That sound like a lot of work.”
Hardly. All it takes is a single click.
Surprised? Don’t be. Try the comparison tool on our site once, and we promise you will be saying the same thing.
Benefits of using our tool
- Quick search – Did we tell you this tool runs quicker than a hungry Cheetah on steroids? In a blink of eye, you can find out the service that’s most appropriate for you.
- Free – This is the icing on the cake. Not only our service is fast, but it also comes free.
- Informative website – Learn the A to Z of sending money to South Korea from US on our website.
FAQ
What is the best way to send money from the USA to South Korea (USD → KRW)?
What is the fastest way to transfer money from the USA to South Korea (USD → KRW)?
What is the cheapest way to transfer money from the USA to South Korea (USD → USD)?
How long does it take to send money from the USA to South Korea (USD → USD)?
What payment methods to use for transfers from the USA to South Korea?
How to receive money transfer from the USA in South Korea?
How to send money from the USA to South Korea for free?
Popular destinations of transfers from the USA
- Afghanistan
- Åland Islands
- Albania
- Algeria
- American Samoa
- Andorra
- Angola
- Anguilla
- Antigua and Barbuda
- Argentina
- Armenia
- Aruba
- Australia
- Austria
- Azerbaijan
- Bahamas
- Bahrain
- Bangladesh
- Barbados
- Belarus
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- Belize
- Benin
- Bermuda
- Bhutan
- Bolivia
- Bosnia And Herzegovina
- Botswana
- Brazil
- British Virgin Islands
- Brunei Darussalam
- Bulgaria
- Burkina Faso
- Burundi
- Cambodia
- Cameroon
- Canada
- Cape Verde
- Caribbean Netherlands
- Cayman Islands
- Central African Republic
- Chad
- Chile
- China
- Colombia
- Comoros
- Congo RDC
- Congo
- Cook Islands
- Costa Rica
- Croatia
- Cuba
- Curacao
- Cyprus
- Czech Republic
- Denmark
- Djibouti
- Dominica
- Dominican Republic
- Ecuador
- Egypt
- El Salvador
- Equatorial Guinea
- Eritrea
- Estonia
- Ethiopia
- Faroe Islands
- Fiji
- Finland
- France
- French Guiana
- French Polynesia
- Gabon
- Gambia
- Georgia
- Germany
- Ghana
- Gibraltar
- Greece
- Greenland
- Grenada
- Guadeloupe
- Guam
- Guatemala
- Guinea
- Guinea-Bissau
- Guyana
- Haiti
- Honduras
- Hong Kong
- Hungary
- Iceland
- India
- Indonesia
- Iran
- Iraq
- Ireland
- Israel
- Italy
- Ivory Coast
- Jamaica
- Japan
- Jordan
- Kazakhstan
- Kenya
- Kiribati
- Kosovo
- Kuwait
- Kyrgyzstan
- Laos
- Latvia
- Lebanon
- Lesotho
- Liberia
- Libya
- Liechtenstein
- Lithuania
- Luxembourg
- Macao
- Macedonia
- Madagascar
- Malawi
- Malaysia
- Maldives
- Mali
- Malta
- Marshall Islands
- Martinique
- Mauritania
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- Mayotte
- Mexico
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- Paraguay
- Peru
- Philippines
- Poland
- Portugal
- Puerto Rico
- Qatar
- Réunion
- Romania
- Russia
- Rwanda
- Saint Barthélemy
- Saint Kitts And Nevis
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- St Vincent & the Grenadines
- Samoa
- San Marino
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- Saudi Arabia
- Senegal
- Serbia
- Seychelles
- Sierra Leone
- Singapore
- Sint Maarten
- Slovakia
- Slovenia
- Solomon Islands
- Somalia
- South Africa
- South Korea
- South Sudan
- Spain
- Sri Lanka
- Sudan
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- Sweden
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- Taiwan
- Tajikistan
- Tanzania
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- Timor-Leste
- Togo
- Tonga
- Trinidad And Tobago
- Tunisia
- Turkey
- Turkmenistan
- Turks and Caicos Islands
- Tuvalu
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- Ukraine
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- United States
- US Minor Outlying Islands
- US Virgin Islands
- Uruguay
- Uzbekistan
- Vanuatu
- Vatican
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- Vietnam
- Wallis And Futuna
- Yemen
- Zambia
- Zimbabwe