Companies for transfers to South Korea
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Australia to South Korea searches, and was the top rated company out of 9 that support AUD to KRW.
So for a great mix of cost, speed & features, make your Australia to South Korea transfer using Wise.
How to get the best deal on sending money from Australia to South Korea
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Australia to South Korea.
- Choose a provider
Select the provider that offers you the best value on buying KRW & service for your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Important things to consider before sending money from Australia to South Korea
Don't settle for the first option. Always compare ways to send money from Australia to South Korea to find out about fees, speed, and reliability.
Our analysis included 9 providers that operate between Australia and South Korea.
Through this, you get a comprehensive view of all the options you have in Australia when you need to send money to South Korea.
Cheapest way to transfer money to South Korea from Australia: Instarem
Of the 9 providers compared, data shows that Instarem is 0.1% cheaper than the second-best option.
The is cost is made up of an average AUD-KRW exchange rate that is 0.06% different to the mid-market rate and an average fee of 79* AUD.
If you want to secure the best rates on a AUD to South Korea transfer, Instarem will result in the most Won received.
*The most common fee applied to AUD-KRW by Instarem, based on data from the past six months.
Fastest money transfers from Australia to South Korea: Wise.
Through our comparison, we found Wise to be the fastest option to transfer money from Australia to Won in 66.7% of instances.
Over the last six months, sending money from Australia to South Korea through Wise have an average fee of 129.56 AUD.
Wise was one of 9 money transfer providers we compared for overall speed of sending money from Australia to South Korea. This speed test included depositing Australian Dollars to an account and the average timeframe for sending money to South Korea.
When fast transfers are a priority, Wise is our best choice for sending from Australia to South Korea.
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 AUD from Australia 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 Australia to South Korea
When calculating the costs of money transfers between Australia and South Korea, here's what really matters:
The Mid-Market Rate: Today, the AUD-KRW mid-market rate equals 903.4173 KRW per Australian Dollar.
The AUD-KRW average exchange rate for the past three months has been 906.3552 KRW per Australian Dollar, with a high of 916.1614 and a low of 895.6232.
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 AUD to KRW.
How to find the best exchange rate for Australia to South Korea
Timing is essential for sending money between AUD and KRW. The exchange rate you secure impacts how much KRW you get for your AUD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from AUD to KRW has seen some fluctuation. On average, it stood at 906.3552.
During this period, the highest value recorded was 916.1614, while the lowest was 895.6232.
Wise, which is our recommended service to send money online from Australia to South Korea offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best AUD-Won exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Australia to South Korea!
Payment methods available to fund your Australia to South Korea transfer
Bank transfers
Bank transfers are often the default option for sending money from Australia to South Korea.
By using a money transfer company such as Instarem for transfers from Australia to South Korea, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Instarem is the cheapest provider for bank transfers from the 9 we tested when sending AUD to South Korea.
With an average fee of AUD79 to send money from Australia to South Korea, Instarem offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Australia to South Korea with a debit or a prepaid card is very simple with Xe.
Xe is a leader in debit card payments for transfers from Australia to South Korea, competing among a total of 9 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Australia to South Korea, Instarem emerges as our top choice of the 9 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between South Korea and Australia.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Australia to South Korea.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send AUD to KRW.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
