Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 94.4% of United States to South Korea searches, and was the top rated company out of 9 that support USD to KRW.
So for a great mix of cost, speed & features, make your United States to South Korea transfer using Wise.
How to get the best deal on your United States to South Korea transfer
Important things to consider before sending money from United States to South Korea
Don't settle for the first option. Always compare ways to send money from United States to South Korea to find out about fees, speed, and reliability.
Our analysis included 9 providers that operate between United States and South Korea.
Through this, you get a comprehensive view of all the options you have in United States when you need to send money to South Korea.
Cheapest way to send money to South Korea from United States: Remitly
Data collected over the past six months shows that Remitly is % cheaper than the second-best option.
The $1.72 transfer cost represents the most common fee for USD to KRW international transfers, based on data from the past six months.
If you want to secure the best rates on a USD to South Korea transfer, make sure you pick Remitly to send your money online.
*The most common fee applied to USD-KRW by Remitly, based on data from the past six months.
Fastest way to send money from United States to South Korea: Wise
Our data shows that Wise came up as the fastest way to send money from United States to South Korea in 72% of searches. This makes them well suited to urgent USD to KRW money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from United States to South Korea - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to South Korea from United States in 72% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send USD from United States to South Korea, it’s the provider that will keep you safe and relaxed while your money moves into KRW.
Understanding the costs involved when moving money from United States to South Korea
When calculating the costs of money transfers between United States and South Korea, here's what really matters:
The Mid-Market Rate: Today, the USD-KRW mid-market rate equals to 1370.274999 KRW per US Dollar.
The USD-KRW average exchange rate for the past three months has been 1325.962 KRW per US Dollar, with a high of 1394.275 and a low of 1287.815.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from USD to KRW.
How to find the best exchange rate for US Dollar to Won
Timing is essential for sending money between USD and KRW. The exchange rate you secure impacts how much KRW you get for your USD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from USD to KRW has seen some fluctuation. On average, it stood at 1325.962.
During this period, the highest value recorded was 1394.275, while the lowest was 1287.815.
Wise, which is our recommended service to send money online from United States to South Korea offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best USD-Won exchange rates?
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Payment methods available to fund your United States to South Korea transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between South Korea and United States.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from United States to South Korea.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send USD to KRW.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.