Where to exchange money in Busan
Before you set out exploring in Busan, it's wise to be as prepared as possible for your trip. One important thing is knowing the local currency if it differs from your own and where you can exchange it.
In this article you will discover some of the best currency exchanges in Busan that you can visit.
We will also introduce Wise - A digital alternative which could save you time and money.
Where to exchange money in Busan
Before you set out exploring in Busan, it's wise to be as prepared as possible for your trip. One important thing is knowing the local currency if it differs from your own and where you can exchange it.
In this article you will discover some of the best currency exchanges in Busan that you can visit.
We will also introduce Wise - A digital alternative which could save you time and money.
Spend abroad without hidden fees
Currency exchanges in Busan
We are aware that there can be times when you need to have some local currency on hand, so avoiding currency exchanges altogether isn't always possible. We have provided a list of currency exchanges you can find in Busan below.
Don't forget to refresh yourself on the advice in this article to help get the most out of your cash whilst abroad.
| Money Changer | Address | Contact Information |
|---|---|---|
| MONEYBOX BUSAN STATION, 머니박스 부산역지점 ( Currency Exchange, 釜山 兌換, 换钱 ) [ 환전소 ] | 10 Jungang-daero 203beon-gil, Dong-gu, Busan, South Korea | +82 51-467-8880 |
| MONEYBOX HAEUNDAE (Currency Exchange, Sim Card) | South Korea, Busan, Haeundae, Haeundaehaebyeon-ro, 287 씨클라우드호텔 상가 1층 107호 | +82 51-742-9998 |
| MONEYBOX NAMPO [Currency Exchange, SIM card] | South Korea, Busan, Jung-gu, Gwangbok-ro, 38 1층 A1호 | +82 51-245-9998 |
| MONEY BOX Gimhae Airport [Currency Exchange] | South Korea, Busan, Gangseo-gu, Gonghangjinip-ro, 165 김해경전철 공항역 1F | +82 51-973-9996 |
| Woori Exchange | 14 Gwangbok-ro 97beon-gil, Jung-gu, Busan, South Korea | +82 10-7670-7987 |
| MONEYBOX SEOMYEON [Currency Exchange, USIM] | South Korea, Busan, 부전제1동 서면시장 1 층 아2호 KR 부산광역시 부산진구 부산진구 서면로 56 | +82 51-803-6657 |
| MoneyBox Gwangan [Currency Exchange] | South Korea, Busan, Suyeong-gu, Gwangan-dong, Gwangan-ro, 20 쌍용예가디 오션 119호 | +82 51-758-8858 |
| 서울환전老奶奶換錢所 | 20 Seomyeon-ro 68beon-gil, Busanjin District, Busan, South Korea | |
| Lotte Money Exchange | 256-12 Bujeon-dong, Busanjin District, Busan, South Korea | |
| HAEUNDAE MONEYSTAR (Currency Exchange) | South Korea, Busan, Haeundae, Centum 1-ro, 9 롯데갤러리움센텀 E동 상가 103호 | +82 51-741-3397 |
| 해운대지하철역 엔토 환전소 | South Korea, Busan, 엔토 환전소 1층 KR 부산광역시 해운대구 해운대로 620 시타딘 지하 | +82 10-9442-0555 |
| 국민환전 | 13-1 Donggwang-dong 1(il)-ga, Jung-gu, Busan, South Korea | +82 51-257-1112 |
| ABC환전 | 6 Gwangbok-ro 39beon-gil, Jung-gu, Busan, South Korea | +82 51-242-3302 |
| 아므르환전소 | South Korea, Busan, Dong-gu, 초량제1동 1210-1 | |
| Global ATM | 94 Gwangbok-ro, Jung-gu, Busan, South Korea | |
| Western union | -dong, 701-4 연산제5동 연제구 부산광역시 South Korea | |
| MoneyGram | 7 Donggwang-dong 1(il)-ga, Jung-gu, Busan, South Korea | +82 51-246-8340 |
| 골드앤와이즈 | South Korea, Busan, Jung-gu, Gudeok-ro, 13 1층 1호 | +82 10-3925-5033 |
| MoneyGram | South Korea, Busan, Busanjin District, 부전제2동 254-1 | +82 51-806-5080 |
| ナヨン両替所 | 256-12 Bujeon-dong, Busanjin District, Busan, South Korea |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
South Korean won rate today
The accepted currency in Busan and across South Korea is the South Korean won.
However, when you visit a currency exchange, you'll find that they use currency codes. Specifically, the currency code for the South Korean won is KRW. Keep an eye out for this code if you're comparing exchange rates.
What you should know about exchanging money in Busan
When exchanging money in Busan or any foreign city, it's important to be aware how to get the best deals and avoid excessive charges and hidden fees. If you are planning on staying in South Korea long-term or looking to make a larger investment you could consider opening a local bank account. Otherwise, use the tips below to help avoid getting overcharged.
1. Be wary of 'zero fee' services
Some services claiming 'no commission' often offer poor exchange rates. These may not reflect the mid-market rate, similar to what you'd see when checking the rate on Google. This can lead to higher costs for you and more profits for them.
2. Research the exchange rate
Check what the current exchange rate is so it's easier to spot a bad deal from currency exchanges.
3. Avoid exchanging money at airports or hotels
It may be highly convenient, but airports and hotels will almost always offer poor rates and high transaction fees. Avoid this where possible.
4. Use ATMs strategically
Check if your local bank has partnerships in South Korea banks to avoid unwanted ATM fees. It's becoming less of a requirement, but it can be good to inform your bank before traveling too.
5. Pick local currency on ATMs and card payments
When using an ATM abroad, choose to be charged in South Korean wons for a fairer rate and fees. The same applies if you get the option on card machines.
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Other currency exchanges
Bottom line
From the list above you should have plenty of options for finding a physical currency exchange in Busan. If you'd like more options, try searching on a search engine like Google.
Finally, don't forget to check out Wise - The digital alternative to exchanging and spending cash abroad.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.