Where to exchange money in Incheon
If you’re planning a trip to Incheon, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Incheon. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
Where to exchange money in Incheon
If you’re planning a trip to Incheon, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Incheon. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
Spend abroad without hidden fees
Currency exchanges in Incheon
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 Incheon 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 UNSEO (Currency Exchange) | South Korea, Incheon, Jung-gu, Sindosinam-ro 142beon-gil, 6 1층126호 | +82 32-746-1888 |
| Hana Bank Incheon International Airport | South Korea, Incheon, Jung-gu, 운서동 2851 | +82 32-746-1111 |
| WOW Exchange | 272 Gonghang-ro, Unseo-dong, Jung-gu, Incheon, South Korea | |
| MoneyBox Hongdae(currency exchange) | 72 Wausan-ro 29-gil, Mapo-gu, Seoul, South Korea | +82 2-336-7972 |
| Money Box Myeongdong Main Branch | 108-1 Myeong-dong 2(i)-ga, Jung District, Seoul, South Korea | +82 2-3789-0888 |
| Tax Refund | Unseo-dong, Jung-gu, Incheon, South Korea | |
| Hana Bank Incheon International Airport Terminal 2 | South Korea, Incheon, Jung-gu, Je2terminal-daero, 446, Incheon International Airport, 제2여객터미널, 지하1층 | +82 32-875-1111 |
| LOTTE Department Store Incheon | 35 Yeonnam-ro, Michuhol-gu, Incheon, South Korea | +82 32-1577-0001 |
| MONEY PLANET(머니플레닛)マネープラネット CURRENCY EXCHANGE IN SEOUL | South Korea, Seoul, Jung District, Toegye-ro, 103 머니플레닛 | +82 2-318-1888 |
| MoneyGram | 7-50 Songdo-dong, Yeonsu-gu, Yeonsu-Gu, South Korea | +82 32-851-1090 |
| Woori Bank Incheon Airport Terminal 2 | South Korea, Incheon, Jung-gu, Je2terminal-daero, 446, Incheon International Airport, 제2여객터미널, 지하1층 | +82 32-743-2050 |
| Kookmin Bank Incheon International Airport Terminal 2 | South Korea, Incheon, Jung-gu, Je2terminal-daero, 446, Incheon International Airport, 제2여객터미널, 지하1층 | +82 32-743-3262 |
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
When you're in Incheon, and also the rest of South Korea, the official currency is the South Korean won.
Yet, when you step into a currency exchange shop, you'll notice they use currency codes. The code associated with the South Korean won is KRW, so be sure to take note of it when comparing exchange rates.
What you should know about exchanging money in Incheon
When exchanging money in Incheon 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.
Money exchange at the tip of your fingers
Out with carrying only cash when you're abroad. The world has gone digital and so can you.
With a Wise account you can exchange currency at any time, almost everywhere in the world.
Access over 70 currencies in just a few clicks and pay wherever you are with the Wise card.
Say goodbye to the analog way. Say hello to Wise
Other currency exchanges
Bottom line
As you can see, there’s no shortage of options when it comes to exchanging money in Incheon. Don't forget to do your research on the exchange rate before converting your money, and check Wise out if you want a fuss-free alternative to exchanging cash.
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.