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Remittance simulator
South Korea
Change
Please select your preferred receiving method
Bank account
(5.0)
In principle, local currency arrives within 24 hours
Please input the remittance amount
About remittance limitation
Remittance amount
Amount you receive
Please select a deposit method
PayPay銀行(Direct Debit)
Balance:null
Deposit fee:
0
JPY
Coupon applied
Start overseas remittance in 3 easy steps
1
Register account information
2
Add Recipient Information
3
Overseas remittance procedure
Various receiving methods available
Remittance Currency | KRW | USD |
---|---|---|
Sender | PayForex member(Individual and Corporate) | PayForex member(Individual and Corporate) |
Beneficiary | Individuals and corporations with KRW bank accounts in South Korea | Individuals and corporations with USD bank accounts in South Korea |
Remittance limitation | Corporate users : Foreign currency(KRW) equivalent to 1 million JPY. Individual users : 5,000,000 KRW (per transaction) 50,000,000 KRW (per year) |
Foreign currency(USD) equivalent to 1 million JPY. |
Number of remittances | Unlimited | Unlimited |
Days required | Generally within 24 hours | 0-2 business days |
Remittance fee | Please check「 List of remittance fees 」 | Please check「 List of remittance fees 」 |
Other bank charges | Available | Available |
Others | If remittance is between individuals: 1、Birthdate and cell phone number of the beneficiary must be registered. 2、In the case of remittance exceeding 1,000,000 KRW, it is necessary to submit the identification documents of the beneficiary. 【How to submit】PayGate, our Korean financial partner, will make SMS request to the beneficiary’s mobile phone. The beneficiary should upload an ID image from the link in the SMS. |
There might be other bank charges (Intermediary bank, beneficiary bank) involved. Please check “About fees” for details. |