Who can I send South Korean won (KRW) to?

You can send South Korean won (KRW) to individual and business bank accounts in South Korea. We don’t support transfers to virtual accounts.

What information do I need about my recipient?

You’ll need their: full name in English date of birth — this has to match their bank account email address — our partner PayGate might email your recipient for further identification phone number — our partner PayGate might text your recipient for further identification. If you’re sending to a business, you don’t need this. 11–16 digit bank account number. Some banks let customers use their cell phone number as their bank account number, so you can also use this bank name/code reason why you’re sending money, which you’ll need to select from a dropdown menu. Keep in mind, only Latin letters can be used and the language must be in English.

How much can I send to South Korea?

Personal: If you’re a personal customer and sending to a personal recipient: You can send up to 6,400,000 KRW per transfer 50,000 USD (or equivalent) per year to an individual For transfers more than 950,000 KRW, we’ll need the recipient’s Korean local phone number so that our partner, PayGate, can verify them.We’ll send them through a Kakao message* or email to complete the verification. PayGate might also send them an email as well. Business: If you and/or your recipient are a business: You can send up to 999,999,999 KRW per transfer. There may be limits on the currency you‘re sending from. *If a recipient is unable to receive Kakao message, it will be sent via SMS

How long does a money transfer to South Korea take?

We’ll always give you an estimate for how long your transfer will take when you set it up. If you sent less than 950,000 South Korean won (KRW): once Wise receives and converts your money, it usually arrives in your recipient’s bank account on the same working day. Conversion can take up to 2 working days. If you sent more than 950,000 South Korean won (KRW) and your recipient needs to go through verification by Kakao message* or email: it can take up to 2 working days for the transfer to arrive. If your money is taking longer, reach out to the recipient for them to complete verification. Keep in mind: Due to South Korea regulations, sometimes your recipient still needs to go through verification by Kakao message* or email even if you send less than 950,000 South Korean won (KRW). It can take up to 2 working days for the transfer to arrive. If your money is taking longer, reach out to the recipient for them to complete verification. *If a recipient is unable to receive Kakao message, it will be sent via SMS. Learn more about how long transfers take

My payment got rejected even though I entered the details correctly?

Sometimes your recipient will need to complete a form their bank sends to them. In the form, they need to fill in the name in the exact order as the recipient’s registered name on the bank account. You should enter your recipient’s email when setting up your recipient details, so that they receive the email from their bank Check with your recipient if they’ve received an email from Paygate at the email you entered, and check if the recipient entered their name in the exact order as it appears on their bank account.

Send money to South Korea

Save on your online money transfer to South Korea from Denmark. Transfer Danish krone to South Korean won quickly, safely and join over 14.8 million people using Wise.

Low fees — fees get cheaper the more you send
Lightning fast — money typically arrives in seconds
Perfectly predictable — lock in an exchange rate for your international transfer

Open an account

You send exactly

Recipient gets

Arrives

by Thursday

Total fees

Included in DKK amount

You could save up to 94.88 DKK

Send money to South Korea

Save on your online money transfer to South Korea from Denmark. Transfer Danish krone to South Korean won quickly, safely and join over 14.8 million people using Wise.

Low fees — fees get cheaper the more you send
Lightning fast — money typically arrives in seconds
Perfectly predictable — lock in an exchange rate for your international transfer

Open an account

You send exactly

Recipient gets

Arrives

by Thursday

Total fees

Included in DKK amount

You could save up to 94.88 DKK

Compare fees for when you send money to South Korea

The total cost of a transfer is the fee plus exchange rate. If your provider says there's no fee, check their exchange rate against the one Wise offers. You might be paying more than you think.

Get started

Sending 7,000 DKK with	Recipient gets(Total after fees)
	1,576,480 KRW
Transfer fee 61.30 DKK Exchange rate(1 DKK KRW) 227.201 Exchange rate markup 0 DKK Cost of transfer 61.30 DKK

	1,556,469 KRW- 20,011 KRW
Transfer fee 29 DKK Exchange rate(1 DKK KRW) 223.278 Exchange rate markup 120.87 DKK Cost of transfer 149.87 DKK

This applies when you pay in via bank transfer. How do we collect this data?

Amount

From

	Wise	Remitly
Recipient gets (Total after fees)	1,576,480 KRW	1,556,469 KRW
Exchange rate (1 DKKKRW)	227.201	223.278
Exchange rate markup	0 DKK	120.87 DKK
Transfer fee	61.30 DKK	29 DKK
Total transfer cost	61.30 DKK	149.87 DKK

Show more providers

This applies when you pay in via bank transfer. How do we collect this data?

We're regulated in the EU by the national bank of Belgium
We help 14.8 million customers move £36 billion every quarter, worldwide
Your transactions are extra-secure with our 2-factor authentication

How to send money to South Korea from Denmark

Enter amount to send in DKK.

Pay in DKK with your debit card or credit card, or send the money from your online banking.

Choose recipient in South Korea.

Select who you want to send money to and which pay-out method to use.

Send DKK, receive KRW.

The recipient gets money in KRW directly from Wise’s local bank account.

Create free account now

Larger transfers. Lower fees. Premium support.

Pay less when you send over 25,000 USD or equivalent. Plus get dedicated support from our expert team

Learn about large transfers

Secure money transfers to South Korea

Every transfer you make is protected with HTTPS encryption and 2-step verification. And we run millions of checks each day to protect every transaction from fraud.

How we keep your money safe

Rock-solid technology
Super smart Wisers have built our industry-leading security systems from scratch over the last 12 years.
People who care, 24/7
With over 1,000 anti-fraud specialists, and real human help available every minute, we're on hand when you've got questions.
Your money, not ours
Your money is safeguarded, and held completely separate from ours, so it's available to you all the time.

Best ways to send money to South Korea with WISE

The best way to send Danish krone to South Korean won is by using money that's in your Wise account. It's cheapest and usually arrives in seconds. Bank transfers are also cheap, but can be slower.

Wise account
Wise account
If you have a Wise multi-currency account, you can use money in your account to fund your transfer. It’s cheap and fast — just set up your money transfer as you normally would, and choose a Wise account transfer when paying.
Bank Transfer
Bank Transfer
Bank transfers are usually the cheapest option when it comes to funding your international money transfer with Wise. Bank transfers can be slower than debit or credit cards, but they usually give you the best value for your money. Read more how to use bank transfers as a payment option.
Google Pay
Google Pay
If you’ve enabled Google Pay on your phone, you can use it to pay for a transfer with Wise. Paying with Google Pay is a convenient and quick way to send money abroad. If you’re using a credit card, watch out for extra charges. Some banks consider these payments as cash withdrawal, and they may charge you extra fees.
Apple Pay
Apple Pay
If you’ve enabled Apple Pay on your phone, you can use it to pay for a transfer with Wise. Paying with Apple Pay is a convenient and quick way to send money abroad. If you’re using a credit card, watch out for extra charges. Some banks consider these payments as cash withdrawal, and they may charge you extra fees.
Debit Card
Debit Card
Paying for your transfer with a debit card is easy and fast. It’s also usually cheaper than credit card, as credit cards are more expensive to process. Read more about how to pay for your money transfer with a debit card.
Credit card
Credit card
Paying for your transfer with a credit card is easy and fast. Wise accepts Visa, Mastercard and some Maestro cards. Read more about how to pay for your money transfer with a credit card.
PISP
PISP
PISP (Payment Initiation Service Provider) payments are instructions you give Wise to make a bank transfer directly from your bank account — without having to leave our app and log in to your online banking. This option is as cheap as a manual bank transfer, but it isn’t supported by all banks yet.
Trustly
Trustly
Trustly is an online bank payment method. With Trustly, you can send money to Wise without leaving our site or app. It's a simple and convenient way to pay in EUR, PLN, SEK, and DKK.

Cheapest way to send money to South Korea from Denmark

The cheapest way to send 7,000 DKK to South Korea is by using money that's in your Wise account and costs 57.42 DKK. We use the mid-market exchange rate — the fairest rate — and always show your fees upfront.

DKK

KRW

Sending 7,000 DKK	Transfer cost
Wise account	57.42 DKK

Bank transfer	61.30 DKK

Google Pay	155.78 DKK

Apple Pay	155.78 DKK

Debit card	302.12 DKK

Credit card	122.10 DKK

PISP	61.30 DKK

Trustly	73.57 DKK

Fastest way to send money to South Korea from Denmark

Sending money with Wise is super fast: 74% of transfers arrive in under 20 seconds, and 95% in less than a day. How long it takes depends on how you pay.

DKK

KRW

Sending 7,000 DKK	Should arrive
Wise account	in 3 minutes

Bank transfer	by Thursday

Google Pay	in 3 minutes

Apple Pay	in 3 minutes

Debit card	in 3 minutes

Credit card	in 3 minutes

PISP	by Wednesday 10:00 AM

Trustly	in 8 minutes